Incremental Revolving Commitment Increase definition

Incremental Revolving Commitment Increase has the meaning assigned to such term in Section 2.20(a).

Incremental Revolving Commitment Increase shall have the meaning provided in Section 2.14(a).

Incremental Revolving Commitment Increase has the meaning assigned to such term in Section 2.20(a). “Incremental Term Loan” has the meaning assigned to such term in Section 2.20(a), which shall include the 2020 Incremental Term Loans. “incur” means create, issue, assume, guarantee, incur or otherwise become directly or indirectly liable for any Indebtedness; provided, however, that any Indebtedness of a Person existing at the time such Person becomes a Restricted Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be incurred by such Person at the time it becomes a Restricted Subsidiary. The term “incurrence” when used as a noun shall have a correlative meaning. Solely for purposes of determining compliance with Section 6.01: (a) amortization of debt discount or the accretion of principal with respect to a non-interest bearing or other discount security; (b) the payment of regularly scheduled interest in the form of additional Indebtedness of the same instrument or the payment of regularly scheduled dividends on Equity Interests in the form of additional Equity Interests of the same class and with the same terms; and (c) the obligation to pay a premium in respect of Indebtedness arising in connection with the issuance of a notice of prepayment, redemption, repurchase, defeasance, acquisition or similar payment or making of a mandatory offer to prepay, redeem, repurchase, defease, acquire, or similarly pay such Indebtedness; will not be deemed to be the incurrence of Indebtedness.

Examples of Incremental Revolving Commitment Increase in a sentence

• Except as set forth in this Agreement, the [Incremental Term Loans][Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase] shall otherwise be subject to the provisions of the Credit Agreement and the other Credit Documents.

• Upon execution and delivery hereof, the Administrative Agent will record the Incremental Term Loans and/or Revolving Credit Loans pursuant to an Incremental Revolving Commitment Increase, as the case may be, made by each New Loan Lender in the Register.

• Use the proceeds of any Incremental Term Loan and any Incremental Revolving Commitment Increase as permitted pursuant to Section 2.25, as applicable.

• There will be no more than three (3) Limited Condition Acquisitions funded by Loans advanced under any Incremental Revolving Commitment Increase under this Agreement permitted during the term of this Agreement.

• Each of the parties hereto hereby agrees that, with the consent of the Borrower (not to be unreasonably withheld), the Administrative Agent may take any and all action as may be reasonably necessary to ensure that all amounts of such the Incremental Revolving Commitment Increase and Additional Revolving Loans, when originally made, are Revolving Commitments or Revolving Loans, respectively, for all purposes under the Loan Documents.

• Borrower agrees to pay each [Additional Lender] [Incremental Revolving Commitment Increase Lender] its pro rata share (determined based upon each [Additional Lender’s] [Incremental Revolving Commitment Increase Lender’s] share of the [Incremental Term Loans][Incremental Deposit L/C Loans][Incremental Revolving Commitment Increase][and the][Incremental Commodity Collateral Posting Facility]) of an aggregate fee equal to [ ] on [ , ].

• Each First Lien Incremental Revolving Commitment Increase shall be in a minimum principal amount of $1,000,000 and integral multiples of $250,000 in excess thereof (unless the Borrower and the First Lien Administrative Agent otherwise agree); provided that such amount may be less than $1,000,000 if such amount represents all the remaining availability of the aggregate principal amount under the First Lien Incremental Revolving Commitment Increases set forth above.

• Xxxxx Title: Vice President [Signature Page to Additional Credit Extension Amendment] SCHEDULE A TO ADDITIONAL CREDIT EXTENSION AMENDMENT Name of Lender Incremental Term Loan Commitment (Term A Commitment) Amount of Incremental Revolving Commitment Increase FIFTH THIRD BANK $15,500,000 $34,500,000 MIZUHO CORPORATE BANK LTD.

• The Borrower shall not be required to pay fees on the Incremental Revolving Commitment Increase pursuant to Section 2.12 of the Credit Agreement for any period prior to the Incremental Amendment Effective Date.

• The Borrower hereby acknowledges that it has reviewed the terms and provisions of the Credit Agreement and this Agreement and consents to the amendment of the Credit Agreement effected pursuant to this Agreement, including without limitation, the making of the Incremental Revolving Commitment Increase.

More Definitions of Incremental Revolving Commitment Increase

Incremental Revolving Commitment Increase has the meaning assigned to such term in Section 2.20(a). AMERICAS 107903477

Incremental Revolving Commitment Increase has the meaning set forth in

Incremental Revolving Commitment Increase has the meaning assigned to such term in Section 2.20(a). “Incurrence Based Amounts” has the meaning assigned to such term in Section 1.07(b). “Indebtedness” of any Person means, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property -34- [EMEA_ACTIVE 302040156_13]

Incremental Revolving Commitment Increase has the meaning assigned to such term in Section 2.20(a). “Incremental Term Loan” has the meaning assigned to such term in Section 2.20(a).

Incremental Revolving Commitment Increase as defined in Section 2.3(a).