Incremental Revolver Facility definition

Incremental Revolver Facility as defined in Section 2.2.1.

Incremental Revolver Facility shall have the meaning assigned to such term in Section 2.23(a).

Examples of Incremental Revolver Facility in a sentence

• Agent is authorized to enter into, on behalf of Lenders, any amendment to this Agreement or any other document as may be necessary to incorporate the terms of any new Incremental Revolver Facility therein.

• Any loans made pursuant to the Incremental Revolver Facility shall have the same terms (including, but not limited to, interest rate, maturity date, voting rights and rights to receive the proceeds of prepayments) as the existing Revolver Loans and shall be considered Revolver Loans hereunder.

• Each prepayment of Loans pursuant to the provisions of Section 2.04(b) of the Credit Agreement shall be applied, first, ratably to the Term A Facility and to the principal repayment installments thereof on a pro-rata basis and, second, on a pro rata basis, to the aggregate of (i) the Revolving Credit Facility in the manner set forth in clause (vi) of Section 2.04(b) of the Credit Agreement, and (ii) the Incremental Revolver Facility (June 2008).

• The obligation of each Incremental Revolver Lender (June 2008) to make each Credit Extension in respect of the Incremental Revolver Facility (June 2008) under this Incremental Revolver Supplement and the Credit Agreement is subject to the additional conditions precedent set forth in Section 5.02 of the Credit Agreement.

• All fees in respect of the Incremental Revolver Facility (June 2008) accrued until the effective date of any termination of the Incremental Revolver Facility (June 2008) shall be paid on the effective date of such termination.

• After giving effect to all Incremental Revolver Borrowings (June 2008), all conversions of Incremental Revolver Loans (June 2008) from one Type to the other, and all continuations of Incremental Revolver Loans (June 2008) as the same Type, there shall not be more than twelve (12) Interest Periods in effect in respect of the Incremental Revolver Facility (June 2008).

• Part 2 General Terms and Conditions Warrants refer to the warrants issued and offered in accordance with Notification No. TorJor.

• The Applicable Rate with respect to the Incremental Revolver Facility (June 2008) shall be 1.00% for Base Rate Loans and 2.00% for Eurodollar Rate Loans.

• The Administrative Agent will promptly notify the Incremental Revolver Lenders (June 2008) of any termination or reduction of the Incremental Revolver Facility (June 2008) hereunder.

• Upon any reduction of the Incremental Revolver Facility (June 2008), the Incremental Revolver Commitment (June 2008) of each Incremental Revolver Lender (June 2008) shall be reduced by such Incremental Revolver Lender (June 2008)’s Applicable Incremental Revolver Percentage (June 2008) of such reduction amount.