Loan Increase definition

Loan Increase means a Term Loan Increase or Revolving Commitment Increase.
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Loan Increase has the meaning set forth in Section 2.14(a).
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Loan Increase means any increase in the outstanding principal amount of the Loan made pursuant to a Loan Agreement Supplement, including for purposes of refinancing any existing Components.
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Examples of Loan Increase in a sentence

  • The Borrowers may at any time or from time to time after the Closing Date, by notice to the Agent (an “Incremental Loan Request”), request one or more new commitments (each, an “Incremental Facility”) which may be in the same Class as any outstanding Loans of an existing Class of Loans (a “Loan Increase”) or a new Class of Loans (collectively with any Loan Increase, the “Incremental Commitments”), whereupon the Agent shall promptly deliver a copy of such Incremental Loan Request to each of the Lenders.

  • Any Incremental Commitments effected through new Loans made on an Incremental Facility Closing Date shall be designated a separate Class of Incremental Commitments for all purposes of this Agreement, except in the case of a Loan Increase.

  • Any Incremental Loans effected through the establishment of one or more new term loans made on an Incremental Facility Closing Date (other than a Loan Increase) shall be designated a separate Class of Incremental Loans for all purposes of this Agreement.


More Definitions of Loan Increase

Loan Increase as defined in Section 2.21(a).
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Loan Increase has the meaning assigned to such term in Section 2.03.
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Loan Increase means a Term Loan Increase or Revolving Commitment Increase. “Loan Parties” means, collectively, (1) Holdings, (2) the Borrower and (3) each Subsidiary Guarantor.
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Loan Increase means as provided in Section 2.16(a). LEGAL02/34647694v6
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Loan Increase means that portion of the Loan in excess of the Existing Loan.
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Loan Increase means the aggregate amount of each increase in the Loans hereunder in accordance with the terms of Section 2.16 hereof.
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Loan Increase means that portion of the Loan equal to $700,000 funded for purpose of acquiring the Collateral Notes with respect to the New Hampshire Property and the Champlain Property.
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