Incremental Term Lenders definition

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

Examples of Incremental Term Lenders in a sentence

  • Each prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing; provided, that each prepayment of Incremental Term Loans pursuant to Section 2.11(a) shall be applied (i) as specified in the applicable Incremental Amendment, or (ii) if not so specified, ratably among the applicable Incremental Term Lenders and to the principal repayment installments thereof in direct order of maturity.

  • Following the Third Amendment Effective Date, each reference in the Credit Agreement and other Loan Documents to “Commitments” or “Term Commitments” shall be deemed to include the Third Amendment Incremental Term Loan Commitments, to “Term Loans” and “Loans” shall be deemed to include the Third Amendment Incremental Term Loans made hereunder, and to “Lender” or “Term Lender” shall be deemed to include the Third Amendment Incremental Term Lenders, in each case, unless the context shall require otherwise.


More Definitions of Incremental Term Lenders

Incremental Term Lenders means (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 Lenders. (a) on any Incremental Facility Closing Date relating to Incremental Term Loans, the Lenders (including any New Lenders) signatory to the relevant Additional Credit Extension Amendment and (b) thereafter, each Lender that is a holder of an Incremental Term Loans.
Incremental Term Lenders has the meaning specified in Section 2.18(b)(ii)(A).
Incremental Term Lenders means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.
Incremental Term Lenders means (a) on any Incremental Term Facility Closing Date relating to Incremental Term Loans, the Lenders signatory to the relevant Incremental Term Facility Activation Notice and, without duplication, (b) each Lender that is a holder of an Incremental Term Loan from time to time.
Incremental Term Lenders has the meaning assigned thereto in Section 2.9.
Incremental Term Lenders. (a) on any Incremental Term Loan Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Incremental Facility Amendment and (b) thereafter, each Lender that has a Commitment under an Incremental Term Facility or is a holder of an Incremental Term Loan. “Incremental Term Loan Activation Date”: any Business Day on which any Lender shall execute and deliver to the Administrative Agent an Incremental Facility Amendment pursuant to Section 2.24 in respect of Incremental Term Loans. “Incremental Term Loan Maturity Date”: with respect to the Incremental Term Loans to be made pursuant to any Incremental Facility Amendment, the maturity date specified in such Incremental Facility Amendment in accordance with Section 2.24(a). “Incremental Term Loans”: any term loans made pursuant to Section 2.24(a). “Incurrence-Based Amounts”: as defined in Section 1.2(f). “Indebtedness”: of any Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of property or services (other than (i) trade payables incurred in the ordinary course of such Person’s business and not overdue more than 90 days, (ii) deferred compensation payable to directors, officers or employees of any Group Member and (iii) any purchase price adjustment or earnout obligation until such adjustment or obligation becomes a liability on the balance sheet of such Person in accordance with GAAP), (c) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments, (d) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such property), (e) all Capital Lease Obligations of such Person, (f) all obligations of such Person, contingent or otherwise, as an account party or applicant under or in respect of acceptances, letters of credit, surety bonds or similar arrangements, (g) the liquidation value of all redeemable preferred Disqualified Capital Stock of such Person, (h) all Guarantee Obligations of such Person in respect of obligations of the kind referred to in clauses (a) through (g) above, (i) all obligations of the kind referred to in clauses (a) through (h) above secured by (or for which the holder of such ob...