Examples of Incremental Commitment Amendment in a sentence
Exhibit Number Description 10.1* Fourth Incremental Commitment Amendment, dated as of December 6, 2017, among WMG Acquisition Corp., the other loan parties thereto, the lenders party thereto and Credit Suisse AG, as administrative agent, relating to the term loan facility.
Any increase in Commitments pursuant to this Section 2.14 shall be effected pursuant to an amendment (an “ Incremental Commitment Amendment ”) to this Agreement, executed by the Loan Parties, the Lenders providing such increased Commitments (and no other Lenders) and the Administrative Agent.
The Company shall have paid or made arrangements to pay contemporaneously with the effectiveness of the Incremental Commitment Amendment all fees and expenses required to be paid in connection therewith (including all reasonable fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent)).
This Amendment shall constitute the request of the Borrower and the Incremental Commitment Amendment contemplated by Section 2.5 of the Amended Credit Agreement.
Robinson Title: Executive Vice President, General Counsel and Secretary [Signature Page – Incremental Commitment Amendment] 1004253831v4 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent and Lender By: /s/ James Moran Name: James Moran Title: Managing Director By: /s/ Tyler R.
Incremental Term Loans On October 9, 2012, Hertz entered into an Incremental Commitment Amendment to its March 2011 credit agreement, which had provided facility (the "Senior Term Facility").
An Incremental Commitment Amendment may, without the consent of any Lenders, effect such amendments to any Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section (including incorporating the Incremental Term Loans and Incremental Commitments into the calculation of “Required Lenders” and related provisions).
The Incremental Commitment Amendment increased the amount available under the Senior Term Facility additional $750.0 million of incremental terms loans (the "Incremental Term Loans") under the Senior Term Facility.