Maximum Incremental Commitment Amount definition

Maximum Incremental Commitment Amount means $50,000,000.
Maximum Incremental Commitment Amount means $500,000,000.
Maximum Incremental Commitment Amount means $300,000,000.

Examples of Maximum Incremental Commitment Amount in a sentence

  • The Seller may from time to time by giving advanced written notice of at least two (2) Business Days to the Agent in the form of Exhibit G hereto request all or a portion of the Incremental Committed Sums of the Buyers in increments of Five Million Dollars ($5,000,000) or an integral multiple thereof, up to the Maximum Incremental Commitment Amount.

  • The sum of the increase in the Revolving Commitments and the Incremental Term Loans of the Increasing Lenders plus the Revolving Commitments and the Incremental Term Loans of the Additional Lenders shall not in the aggregate exceed the unsubscribed amount of the Maximum Incremental Commitment Amount.


More Definitions of Maximum Incremental Commitment Amount

Maximum Incremental Commitment Amount means $150,000,000.
Maximum Incremental Commitment Amount means $350,000,000.
Maximum Incremental Commitment Amount means $100,000,000.
Maximum Incremental Commitment Amount means, as of any date, the result of the following (which shall not be less than zero): (x) $500,000,000 minus (y) the aggregate principal amount of all Incremental Commitments incurred on or prior to such date.
Maximum Incremental Commitment Amount means $50,000,000 plus the amount by which the Initial Revolving Credit Commitments are reduced following the Amendment No. 3 Effective Date (including any reduction that occurs concurrently with the establishment of Incremental Revolving Credit Commitments).
Maximum Incremental Commitment Amount. $1,000,000,000.
Maximum Incremental Commitment Amount means an aggregate amount equal to the greater of (x) $185,000,000 or (y) 100% of Consolidated EBITDA for the most recently ended four Fiscal Quarter period for which financial statements are required to have been delivered pursuant to Section 5.1(a) or (b) minus the aggregate amount of any and all prior Incremental Commitments established pursuant to Section 2.23 plus an unlimited amount, so long as the Senior Secured Net Leverage Ratio does not exceed 2.50 to 1.00 as of the last day of the most recently ended Fiscal Quarter for which financial statements are required to have been delivered pursuant to Section 5.1(a) or (b), calculated on a Pro Forma Basis and as if all such Incremental Term Loans had been made and all such Incremental Revolving Commitments had been established (and fully funded) as of the first day of the relevant period for testing compliance (but calculated without including the cash proceeds of any such Incremental Term Loans or Incremental Revolving Commitments in the amount of unrestricted cash and Cash Equivalents to be netted in the calculation of Consolidated Total Net Leverage Ratio); provided, that, in the case of any Incremental Term Facility to finance a Limited Condition Transaction, the date of determination of the Senior Secured Net Leverage Ratio shall, at the option of the Borrower, be the LCT Test Date for such Limited Condition Transaction.