Incremental Term Loan Advance has the meaning assigned thereto in Section 2.25(b).
Incremental Term Loan Advance shall have the meaning set forth in Section 2.01(a)(iii)(A).
Incremental Term Loan Advance has the meaning given that term in Section 2.17.(a). “Incremental Term Loan Facility” has the meaning given that term in Section 2.17.(a). “Indebtedness” means, with respect to a Person, at the time of computation thereof, all of the following (without duplication): (a) all obligations of such Person in respect of money borrowed or for the deferred purchase price of property or services (other than (i) trade debt incurred in the ordinary course of business and not more than ninety (90) days past due unless being contested in good faith and (ii) bank drafts arising in the ordinary course of business); (b) all obligations of such Person, whether or not for money borrowed (i) represented by notes payable, or drafts accepted, in each case representing extensions of credit, (ii) evidenced by bonds, debentures, notes or similar instruments, or (iii) constituting purchase money indebtedness, conditional sales contracts, title retention debt instruments or other similar instruments, upon which interest charges are customarily paid or that are issued or assumed as full or partial payment for property or for services rendered (other than (i) trade debt incurred in the ordinary course of business and not more than ninety (90) days past due unless being contested in good faith and (ii) bank drafts arising in the ordinary course of business); (c) Capitalized Lease Obligations of such Person;
Examples of Incremental Term Loan Advance in a sentence
With respect to each such Delayed Draw Term Loan advance and each such Incremental Term Loan Advance, the Borrower shall have paid to the Agent all of the fees and expenses then due (including, without limitation, those due under the Agent Payments Letter) in connection with the funding of such Delayed Draw Term Loan advance and each such Incremental Term Loan Advance.
The Initial Term Loan and, if applicable, each Incremental Term Loan Advance made by any and all Lenders to Borrower pursuant to Section 2.01(a)(iii) are referred to collectively as the “Term Loan”.