Incremental Term Loan Facilities definition

Incremental Term Loan Facilities has the meaning set forth in Section 2.16(a).
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Incremental Term Loan Facilities each is defined in Section 2.24(a).
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Incremental Term Loan Facilities is defined in Section 2.7.2 of this Agreement.
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Examples of Incremental Term Loan Facilities in a sentence

  • Moreover, financial markets contended with risks stemming from Italy’s proposed budget deficit as well as the potential contagion effects of Turkey’s debt crisis on the European Banking sector.

  • Incremental Term Loan Facilities and Incremental Term Loans may be made hereunder pursuant to a supplement, an amendment or an amendment and restatement (an “Incremental Term Loan Facility Amendment”) of this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Incremental Term Loan Lender (including any new Lender becoming a party to this Agreement as an Incremental Term Loan Lender) with respect to such Incremental Term Loan Facility and the Administrative Agent.

  • The New Incremental Term Loan Facilities Underwriting Fee shall be solely for the account of the Lead Arranger.

  • If any amendment to this Agreement is reasonably requested to give effect to or to evidence any addition of Incremental Term Loan Facilities pursuant to and in accordance with this Section 2.16, then such amendment shall be effective if executed by the Credit Parties, each Lender providing such Incremental Term Loan Facility and the Administrative Agent.

  • Amounts borrowed under the Term Loan Facility that are repaid or prepaid may not be reborrowed except as set forth under the heading “Incremental Term Loan Facility” with respect to voluntary prepayments that may increase the capacity for incurring Incremental Term Loan Facilities or Incremental Equivalent Debt.

  • At any time, Xxxxx holding at least 51% of the sum of (a) the Total Revolving Credit Exposures of all Revolving Credit Banks and (b) the Incremental Term Loan Facilities, if any.

  • Optional prepayments on account of the Term Loans shall be allocated among the Term Loans under the Delayed-Draw Term Loan Facility and any Incremental Term Loan Facilities ratably based on the outstanding principal amount of the Term Loans under each such Facility and applied to the then remaining installments under each such Facility in accordance with subsection 2.15(d).

  • Incremental Term Loan Facilities and Incremental Term Loans may be made hereunder pursuant to a supplement, an amendment or an amendment and restatement (an “Incremental Term Loan Facility Amendment”) of this Credit Agreement and, as appropriate, the other Credit Documents, executed by the Borrower, each Incremental Term Loan Lender (including any New Term Loan Lender) with respect to such Incremental Term Loan Facility and the Administrative Agent.

  • Increases of the Aggregate Revolving Commitments; Addition of Incremental Term Loan Facilities .

  • As part of the amendment, STG fully redeemed its $460.9 million Term Loan B and Incremental Term Loan Facilities with a new, lower priced, $150.0 million Term Loan A and $250.0 million Term Loan C Facilities.


More Definitions of Incremental Term Loan Facilities

Incremental Term Loan Facilities as defined in Section 2.23(a). “Incremental Term Loan Facility Notice”: each notice delivered by the Borrower to the Administrative Agent pursuant to Section 2.23 requesting an Incremental Term Loan Facility. “Incremental Term Loans”: as defined in Section 2.23(a).
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Related to Incremental Term Loan Facilities

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

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

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

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

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

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

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

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

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

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • 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 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.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

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

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • 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.

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

  • 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.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • 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.