Incremental Term Loan Borrowing Date definition

Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.
Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 2.01(c) and as otherwise permitted by Section 2.14.
Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 1.01(d) and as otherwise permitted by Section 1.14.

Examples of Incremental Term Loan Borrowing Date in a sentence

  • Notwithstanding the foregoing, if the applicable Additional Term Commitment in respect of any Incremental Term Loan Borrowing Date is not drawn on such Incremental Term Loan Borrowing Date, the undrawn amount shall automatically be cancelled.

  • Prior to the incurrence of any Incremental Term Loans on the Incremental Term Loan Borrowing Date, Holdings shall have satisfied (or caused to be satisfied) all of the applicable conditions set forth in Section 2.15.

  • If requested by such Lender, on or prior to any Incremental Term Loan Borrowing Date the Borrower shall have delivered to the Administrative Agent for the account of such Lender an Incremental Term Loan Note.

  • However, for legal certainty purposes and to mitigate transitional costs in as much as possible, Member State should ensure that the insolvency ranking of all outstanding unsecured claims resulting from debt instruments that institutions have issued before that date is governed by the laws of the Member States as they were adopted on 31 December 2016.

  • Prior to the incurrence of any Incremental Term Loans on a given Incremental Term Loan Borrowing Date, Holdings shall have satisfied (or caused to be satisfied) all of the applicable conditions set forth in Section 2.15 and the relevant Incremental Term Loan Commitment Agreement.


More Definitions of Incremental Term Loan Borrowing Date

Incremental Term Loan Borrowing Date means any Business Day on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which dates shall not occur after the Maturity Date.
Incremental Term Loan Borrowing Date with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to subsection 2.1(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.
Incremental Term Loan Borrowing Date means with respect to each Class of Incremental Term Loans, each date upon which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise permitted pursuant to Section 2.22.
Incremental Term Loan Borrowing Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 2.01(d) and as otherwise permitted by Section 2.14. “Incremental Term Loan Commitment” shall mean, for each Lender, any commitment to make Incremental Term Loans provided by such Lender pursuant to Section 2.14, in such amount as agreed to by such Lender in the respective Incremental Term Loan Commitment Agreement and as set forth opposite such Lender’s name in Schedule I (as modified in accordance with Section 2.14) directly below the column entitled “Incremental Term Loan Commitment”, as the same may be (x) reduced from time to time or terminated pursuant to Sections 4.02, 4.03, 5.02 and/or Article X or (y) adjusted from time to time as a result of assignments to and from such Lender pursuant to Sections 2.13 and/or 12.04(b). “Incremental Term Loan Commitment Agreement” shall mean each Incremental Term Loan Commitment Agreement in the form of Exhibit L (appropriately completed) executed in accordance with Section 2.14. “Incremental Term Loan Lender” shall have the meaning provided in Section 2.14(b). “Incremental Term Loan Maturity Date” shall mean, for any Tranche of Incremental Term Loans, the final maturity date set forth for such Tranche of Incremental Term Loans in the respective Incremental Term Loan Commitment Agreement relating thereto, provided that the final maturity date for all Incremental Term Loans of a given Tranche shall be the same date. “Incremental Term Loan Scheduled Repayment” shall have the meaning provided in Section 5.02(e). 31 150546217_8170136845_8
Incremental Term Loan Borrowing Date means any Business Day on or prior to the Incremental Term Loan Cut-Off Date on which each Lender that has agreed to provide an Incremental Term Loan Commitment, subject to the terms of this Agreement, advances its pro-rata share of the amount requested by the Borrower on the related Notice of Borrowing.
Incremental Term Loan Borrowing Date means (x) in the case of Incremental Term Loan Commitments provided on or prior to the Term Loan Commitment Termination Date, any Business Day on or prior to the Term Loan Commitment Termination Date and (y) in the case of Incremental Term Loan Commitments provided after the Term Loan Commitment Termination Date, the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loan Commitment is provided; provided that no Incremental Term Loan Borrowing Date shall occur after the Incremental Term Loan Termination Date.
Incremental Term Loan Borrowing Date set forth in Section 11 of the Credit Agreement is hereby amended by inserting the word "applicable" immediately prior to the term "Incremental Commitment Termination Date".