Loan Increase definition
Loan Increase means a Term Loan Increase or Revolving Commitment Increase.
Loan Increase has the meaning set forth in Section 2.14(a).
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.
Examples of Loan Increase in a sentence
Any Incremental Term Loans or Incremental Revolving Commitments effected through the establishment of one or more new term loans or new revolving credit commitments, as applicable, made on an Incremental Facility Closing Date (other than a Loan Increase) shall be designated a separate Class of Incremental Term Loans or Incremental Revolving Commitments, as applicable, for all purposes of this Agreement.
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.
More Definitions of Loan Increase
Loan Increase as defined in Section 2.21(a).
Loan Increase means the aggregate amount of each increase in the Loans hereunder in accordance with the terms of Section 2.16 hereof.
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.
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.
Loan Increase means a Term A Loan Increase, Term B Loan Increase or Revolving Commitment Increase. “Loan Parties” means, collectively, the Borrower and the Guarantors. “Majority in Interest”, when used in reference to Lenders of any Class, means, at any time, (a) in the case of the Revolving Credit Lenders, Lenders holding more than 50% of the sum of the Total Outstandings with respect to the Revolving Credit Facility (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender and not by the L/C Issuer or the Swing Line Lender for purposes of this definition) and the aggregate unused Revolving Credit Commitments at such time, (b) in the case of the Term A Lenders, Lenders holding more than 50% of the Total Outstandings with respect to the Term A Facility at such time and (c) in the case of the Term B Lenders, Lenders holding more than 50% of the Total Outstandings with respect to the Term B Facility at such time; provided that, in each case, the unused Revolving Credit Commitments of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority in Interest. “Master Agreement” has the meaning specified in the definition of “Swap Contract”.
Loan Increase means as is specified in Section 3.6(a).
Loan Increase means that portion of the Loan in excess of the Existing Loan.