Definition of Term Loan Cap


Term Loan Cap means $495,000,000 plus the "Maximum Incremental Amount" as such term is defined in the Term Loan Agreement on the date hereof except for this purpose substituting "$275,000,000" for the "$250,000,000" set forth in clause (i)(a) therein (or, in the event that the Term Loan Agreement is hereafter amended, modified, supplemented, extended, renewed, restated, refinanced or otherwise replaced, such other comparable term contained in such Term Loan Agreement, so long as the amount under such comparable term does not exceed the "Maximum Incremental Amount" as such term is defined in the Term Loan Agreement on the date hereof and taking into account the substitution provided for above); provided, that, if a Term Loan DIP Financing is provided in accordance with the terms of Section 6.2(b), the Term Loan Cap shall be $77,000,000 greater than the amount otherwise provided above.

Examples of Term Loan Cap in a sentence

Aggregate Term Loan Cap has the meaning set forth in Section 2.05(b)(x).
The Lenders hereby authorize Administrative Agent to amend the Term Loan Intercreditor Agreement to amend the definition of the term Term Loan Cap to be an amount equal to $1,650,000,000, plus additional term loans in an amount not to exceed $500,000,000.
Any net increase in the aggregate principal amount of a loan (on a U.S. dollar equivalent basis) after the loan is made, that is caused by a fluctuation in the exchange rate of the currency in which the loan is denominated will be ignored in determining whether the Term Loan Cap has been exceeded.