Incremental Term Facility definition
Examples of Incremental Term Facility in a sentence
The Incremental Term Commitments under an Incremental Term Facility shall automatically and permanently terminate on the date of the applicable Incremental Amendment upon the funding of the Incremental Term Loans under such Incremental Term Facility.
Subject to the terms and conditions set forth herein, each Lender severally agrees it may, on an uncommitted and fully discretionary basis, consider making Nuveen Incremental Term Loans denominated in Dollars to the Borrower, on any Business Day during the Nuveen Incremental Term Facility Availability Period, at any time and from time to time, in an aggregate principal amount not to exceed its Nuveen Incremental Term Commitment.
The Nuveen Incremental Term Loan Commitment Fee shall accrue at all times during the Nuveen Incremental Term Facility Availability Period, and only during the Nuveen Incremental Term Facility Availability Period, and shall be due and payable quarterly in arrears on each Interest Payment Date.