Examples of Incremental Term Loan Lender in a sentence
For purposes of the Credit Agreement, the initial notice address of the 2016 Incremental Term Loan Lender shall be as set forth below its signature below.
The Borrower agrees to pay to the 2016 Incremental Term Loan Lender an initial yield payment equal to 0.25% of the aggregate principal amount of the 2016 Incremental Term Loans initially advanced to the Borrower by the 2016 Incremental Term Loan Lender on the 2016 Incremental Amendment Effective Date, with such payment to be earned by, and payable to, the 2016 Incremental Term Loan Lender on the 2016 Incremental Amendment Effective Date.
The Borrower hereby consents to the assignment by the 2016 Incremental Term Loan Lender of all or a portion of its 2016 Incremental Term Loans to any bank, financial institution or other investor identified by any Agent in writing to the Borrower on or prior to the date hereof in connection with the syndication process for the 2016 Incremental Term Loans.
Upon execution and delivery hereof, the Administrative Agent will record (a) the 2016 Incremental Term Loans made by the 2016 Incremental Term Loan Lender and (b) the 2016 New Revolving Credit Commitments provided by the 2016 New Revolving Loan Lender (and related Revolving Credit Loans), in each case, in the Register.
The 2016 Incremental Term Loan Lender hereby agrees to provide Incremental Term Loans in the aggregate principal amount set forth on Schedule A annexed hereto (such Incremental Term Loans, the “2016 Incremental Term Loans”), on the terms and subject to the conditions set forth below.