Incremental Term Facility Commitment Agreement definition
Incremental Term Facility Commitment Agreement means each incremental term facility commitment agreement in the form set out in Part III of Schedule 4 (Form of Incremental Term Facility Commitment Agreement).
Examples of Incremental Term Facility Commitment Agreement in a sentence
The Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Facility Commitment Agreement and, at such time, Part I of Schedule 1 (Lenders and Commitments) shall be deemed modified to reflect the Incremental Term Facility Commitments of such Incremental Term Facility Lenders.
Each Lender will participate through its Facility Office in each Advance made pursuant to Clause 4.1 (Conditions to Utilisation), the relevant Incremental Revolving Facility Commitment Agreement and the relevant Incremental Term Facility Commitment Agreement in its respective Proportion.