Examples of Second Amendment Incremental Term Loan in a sentence
By executing this Lender Addendum as a Second Amendment Incremental Term Loan Lender, the undersigned institution agrees, on the terms and conditions set forth in the Amendment and in the Credit Agreement, to make a Second Amendment Incremental Term Loan to the Borrower on the Second Amendment Effective Date in an aggregate principal amount equal to the amount set forth under the heading “Second Amendment Incremental Term Loan Commitment” opposite its name below.
Holdings, the Borrower, the Administrative Agent and the Second Amendment Incremental Term Loan Lender have agreed, upon the terms and subject to the conditions set forth herein, to give effect to the Second Amendment Incremental Term Loans and consent to amend the Credit Agreement as set forth herein.
This Amendment, or any of the terms hereof, may not be amended, supplemented or modified, nor may any provision hereof be waived, except pursuant to a writing signed by Holdings, the Borrower, the Administrative Agent and the Second Amendment Incremental Term Loan Lender.
The Minster also noted that the current system was an efficient means of enforcing the law: It should be noted that the majority of monetary penalties imposed in this jurisdiction result from infringement notices and not judicially imposed fines.
Each Loan Party hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this Amendment and consents to the amendment of the Existing Credit Agreement effected pursuant to this Amendment, including without limitation, the providing of the Second Amendment Incremental Term Loan Commitments and the making of the Second Amendment Incremental Term Loans, as provided for herein.
Pursuant to Section 2.18 of the Credit Agreement and subject to the terms and conditions and relying upon the representations and warranties set forth herein and in the Credit Agreement, each Second Amendment Incremental Term Loan Lender, severally and not jointly, agrees to make the portion of the Second Amendment Requested Incremental Term Loan set forth opposite its name on Schedule 1 attached hereto to the Borrowers on the Second Amendment Funding Date (as defined below).
Without limiting the foregoing, the obligation to pay the Second Amendment Incremental Term Loan Closing Fee shall be absolute and unconditional and shall not be subject to reduction by way of setoff, counterclaim or otherwise.
The obligation of the Second Amendment Incremental Term Loan Lenders to fund the Second Amendment Requested Incremental Term Loans shall automatically terminate on December 28, 2023.
The Contract has been negotiated, drafted and signed according to the domestic law of Peru; and its contents, execution and other consequences therefrom shall be governed by such right.
To the extent not previously utilized, all Second Amendment Incremental Term Loan Commitments shall terminate at [5:00 p.m.] New York City time on the Second Amendment Incremental Effective Date.