Examples of Incremental Term Loans in a sentence
Any Incremental Term Facility shall be designated as a separate Class of Incremental Term Loans for all purposes of this Agreement.
In the event any Incremental Term Loans or Extended Term Loans are made, such Incremental Term Loans or Extended Term Loans, as applicable, shall be repaid by the Borrower in the amounts and on the dates set forth in the definitive documentation with respect thereto and on the applicable Maturity Date thereof.
The Borrower will use the proceeds of the Incremental Term Loans and Incremental Revolving Loan Commitments as determined by the Borrower and the applicable Incremental Lenders.
The proceeds of the Revolving Loans and the Second Amendment Incremental Term Loans shall be used for working capital and general corporate purposes and any other purpose not prohibited by this Agreement.