Incremental Term Facilities definition

Incremental Term Facilities has the meaning specified in Section 2.13(a).
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Incremental Term Facilities as defined in Section 2.24(a).
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Incremental Term Facilities has the meaning assigned to such term in Section 2.18(a).
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Examples of Incremental Term Facilities in a sentence

  • Each reduction of the unused portion of the Term Commitments pursuant to Section 2.06(a) shall be applied ratably to the Term A Facility and, if applicable, the Incremental Term Facilities and to the principal repayment installments thereof on a pro rata basis.

  • Notwithstanding anything to the contrary herein, (i) the aggregate principal amount of all Incremental Term Facilities and all Incremental Equivalent Debt shall not exceed $1,000,000,000 and (ii) the aggregate amount of all Incremental Revolving Facilities shall not exceed $200,000,000; provided that any Incremental Revolving Facility shall be effectuated as an increase of the Revolving Facility.

  • The Borrower may approach any Lender or any other third party bank or financial institution to provide all or a portion of the Incremental Term Facilities; provided that (i) no Lender will be required to provide such Incremental Term Facility and (ii) any entity providing all or a portion of a Incremental Term Loan Facility shall be consented to by the Administrative Agent, such consent not to be unreasonably withheld or delayed.

  • Any Incremental Term Loan Commitments effected through the establishment of one or more new Incremental Term Facilities shall be designated a separate Class of Incremental Term Loan Commitments and Incremental Term Loans for all purposes of this Agreement.

  • For purposes of clarification, the Borrower’s option to request one or more additional Incremental Term Facilities pursuant to this Section 2.16 shall be reinstated and remain available to the Borrower upon the termination or repayment of any established Incremental Term Facilities, provided that after giving effect thereto the Aggregate Commitments do not exceed the maximum amount set forth above at any time.

  • Verify that a designated authority has been assigned the responsi- bility for the receipt and control of quality assurance records.

  • Each Incremental Term Facility shall be in an integral multiple of $1,000,000 and be in an aggregate principal amount that is not less than $10,000,000, provided that such amount may be less than $10,000,000 if such amount represents all the remaining availability under the aggregate principal amount of Incremental Term Facilities set forth above.

  • Each prepayment of outstanding Term Loans pursuant to this Section 2.05(a) shall be applied (i) to the Term A Facility or, if applicable, any Incremental Term Facilities as directed by the Borrower and (ii) to the principal repayment installments of the applicable facility as directed by the Borrower (or, if no such direction is provided, on a pro rata basis) and each such prepayment shall be paid to the Lenders in accordance with their respective Pro Rata Shares of the applicable facility.

  • Each prepayment of the outstanding Term Loans pursuant to this Section 2.05(a) shall be applied (i) ratably to the Term A Facility and, if applicable, any Incremental Term Facilities and (ii) to the principal repayment installments thereof on a pro rata basis and each such prepayment shall be paid to the Lenders in accordance with their respective Pro Rata Shares.

  • The Borrower and its Subsidiaries shall use the proceeds of the 2017 Incremental Term Facilities for the purposes of discharging amounts due in respect of the Certain Funds Transactions.


More Definitions of Incremental Term Facilities

Incremental Term Facilities means all of the forgoing collectively then existing.
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Incremental Term Facilities as defined in Section 2.8(a).
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Incremental Term Facilities means the Incremental Tranche A Term Facility and the Incremental Tranche B Term Facility.
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Incremental Term Facilities is defined in Section 2.16.
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Incremental Term Facilities as defined in Section 2.24(a). “Incremental Term Loans” as defined in Section 2.24(a).
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Related to Incremental Term Facilities

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing Incremental Term Loans made by such Lender, substantially in the form of Exhibit B-2.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Term Facilities means, at any time, the Term A Facility and the Term B Facility.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 or 9.02(c)(i).

  • Incremental Facility has the meaning specified in Section 2.16(a).