Incremental Commitment definition

Incremental Commitment means an Incremental Revolving Commitment or an Incremental Term Commitment.
Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

Examples of Incremental Commitment in a sentence

  • The minimum aggregate principal amount of any Incremental Commitment shall be $5,000,000 (or such lesser amount as may be agreed by the Administrative Agent).

  • The Borrower may arrange for one or more Persons, which may include any Lenders, to extend Incremental Revolving Credit Commitments, provide Incremental Term Loan Commitments or increase their applicable existing Term Loans or Revolving Credit Commitments in an aggregate amount equal to the amount of the Incremental Commitment.


More Definitions of Incremental Commitment

Incremental Commitment has the meaning specified in Section 2.14(a).
Incremental Commitment has the meaning assigned to such term in Section 2.21.
Incremental Commitment shall have the meaning set forth in Section 2.23.
Incremental Commitment means any commitment made by a lender to provide all or any portion of an Incremental Facility or Incremental Loans.
Incremental Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant to an Incremental Facility Agreement and Section 2.18, to make Loans hereunder, expressed as an amount representing the maximum aggregate permitted amount of such Lender’s Exposure under such Incremental Facility Agreement.
Incremental Commitment means, for any Lender, any Revolving Loan Commitment provided by such Lender after the Effective Date in an Incremental Commitment Agreement delivered pursuant to Section 2.15; it being understood, however, that on each date upon which an Incremental Commitment of any Lender becomes effective, such Incremental Commitment of such Lender shall be added to (and thereafter become a part of) the Revolving Loan Commitment of such Lender for all purposes of this Agreement as contemplated by Section 2.15.