Incremental Term Loan Facility definition

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

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Incremental Term Loan Facility means each Class of Incremental Term Loans made pursuant to Section 2.14.

Incremental Term Loan Facility means the incremental term loan facility established pursuant to Section 2.8.

Examples of Incremental Term Loan Facility in a sentence

• In the case of an Incremental Term Loan Facility, this Agreement and the other Loan Documents may be amended as necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.14 with the consent of the Administrative Agent, each Lender providing such Incremental Term Loan Facility and the Borrower, to give effect to or to evidence the terms of such Incremental Term Loan Facility.

• If term loans shall be made under any Incremental Term Loan Facility in accordance with this Section 2.14, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such Incremental Term Loan Facility.

• No Lender or Additional Lender shall be required to increase its Loans under the Facility or make term loans under an additional Incremental Term Loan Facility, as applicable, to facilitate such Incremental Term Loan Facility.

• The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such Incremental Term Loan Facility and the Increase Effective Date.

• Any Lender or Additional Lender not responding within such time period shall be deemed to have declined to participate in the requested Incremental Term Loan Facility.

More Definitions of Incremental Term Loan Facility

Incremental Term Loan Facility means, at any time, (a) on or prior to the closing date under an Incremental Term Loan Agreement, the aggregate amount of the Incremental Term Loan Commitments set forth in such Incremental Term Loan Agreement at such time and (b) thereafter, the aggregate principal amount of the Incremental Term Loans of all Lenders made pursuant to such Incremental Term Loan Commitments at such time.

Incremental Term Loan Facility as defined in Section 2.28(a).

Incremental Term Loan Facility means any facility consisting of Incremental Term Loan Commitments and all Borrowings thereunder.

Incremental Term Loan Facility as defined in the definition of “Facility”.

Incremental Term Loan Facility and the commitments with in respect thereof the “Incremental Term Loan Commitments”) in accordance with the following provisions and subject to the following conditions:

Incremental Term Loan Facility means, at any time, any new tranche of term loans established pursuant to Section 2.16 and the aggregate Outstanding Amount of the Incremental Term Loans under such tranche of all Lenders at such time.

Incremental Term Loan Facility has the meaning assigned to such term in Section 1.15. Unless otherwise specified herein, each tranche of Incremental Term Loan Commitments or Incremental Term Loans shall constitute a separate Incremental Term Loan Facility.