Incremental Term Loans definition

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

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Incremental Term Loans has the meaning assigned to such term in Section 2.20(a).

Incremental Term Loans means any term loans made by Incremental Term Lenders to the Borrower pursuant to Section 2.08(e)(ii)(C).

Examples of Incremental Term Loans in a sentence

• As used herein, the following terms have the meanings set forth below: “2022 Incremental Lender”: each Lender with a 2022 Incremental Term Loan Commitment to make or otherwise fund 2022 Incremental Term Loans on the First Amendment Effective Date pursuant to the First Amendment and Section 2.1.2 or with outstanding 2022 Incremental Term Loans.

• The 2022 Incremental Term Loans were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.

• The Administrative Agent shall have received a Notice of Borrowing relating to the Borrowing of the 2025 Incremental Term Loans on the Fourth Amendment Effective Date by the time periods specified in Section 4.1.1 of the Amended Loan Agreement.

• Upon execution and delivery hereof, Administrative Agent will record the 2025 Incremental Term Loans made by each 2025 Incremental Lender and the Initial Term Loans (as defined in the Existing Loan Agreement) made by each Assignee Lender in the Register therefor.

• Except as otherwise set forth in this Agreement, the 2025 Incremental Term Loans shall be subject to the provisions of the Amended Loan Agreement and the other Loan Documents.

More Definitions of Incremental Term Loans

Incremental Term Loans means (i) Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(c) consisting of additional Term B Loans and (ii) to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption Agreement, Other Term Loans (including in the form of Extended Term Loans or Refinancing Term Loans, as applicable), or (iii) any of the foregoing.

Incremental Term Loans as defined in Section 2.24(a).

Incremental Term Loans means any additional term loans made pursuant to Section 2.17.

Incremental Term Loans means any loans made pursuant to any Incremental Term Commitments.

Incremental Term Loans means Term Loans made by one or more Lenders to the Company pursuant to an Incremental Joinder. “Indebtedness” of any Person means without duplication (i) all indebtedness of such Person for borrowed money; (ii) all bonds, notes, debentures and similar debt securities of such Person; (iii) the deferred purchase price of capital assets or services that in accordance with GAAP would be shown on the liability side of the balance sheet of such Person; (iv) the face amount of all letters of credit issued for the account of such Person and, without duplication, all drafts drawn thereunder; (v) the principal component of all obligations of such Person in respect of bankers’ acceptances; (vi) all Indebtedness of a second Person secured by any Lien on any property owned by such first Person, whether or not such indebtedness has been assumed; (vii) all Capitalized Lease Obligations of such Person; (viii) the present value, determined on the basis of the implicit interest rate, of all basic rental obligations under all Synthetic Leases of such Person; (ix) all obligations of such Person with respect to asset securitization financing, including, but not limited to, in the case of Holdings or any of its Subsidiaries, all obligations of Holdings or any of its Subsidiaries under the Permitted Receivables Facility; (x) all obligations of such Person to pay a specified purchase price for goods or services whether or not delivered or accepted, i.e., take-or-pay and similar obligations; (xi) all net obligations of such Person under Hedge Agreements; (xii) the full outstanding balance of trade receivables, notes or other instruments sold with full recourse (and the portion thereof subject to potential recourse, if sold with limited recourse), other than in any such case any thereof sold solely for purposes of collection of delinquent accounts; and (xiii) all Guaranty Obligations of such Person; provided, however that (x) no trade payables, deferred revenue, taxes nor other similar accrued expenses, in each case arising in the ordinary course of business, obligations in respect of insurance policies or performance or surety bonds that themselves are not guarantees of Indebtedness (nor drafts, acceptances or similar instruments evidencing the same nor obligations in respect of letters of credit supporting the payment of the same) or obligations to pay royalty fees or other payments under license agreements, shall constitute Indebtedness; (y) for the avoidance of doubt, the obli...

Incremental Term Loans. Term Loans made by one or more Lenders to the Borrowers pursuant to Section 2.6.

Incremental Term Loans means term loans established pursuant to an Incremental Term Loan Commitment.