Incremental Term Loans definition

Incremental Term Loans has the meaning specified in Section 2.14(a).
Incremental Term Loans means Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(b). Incremental Term Loans may be made in the form of additional Term Loans or, to the extent permitted by Section 2.24 and provided for in the relevant Incremental Term Loan Assumption Agreement, Other Term Loans.
Incremental Term Loans shall have the meaning assigned to such term in Section 2.20(c)(i).

Examples of Incremental Term Loans in a sentence

  • On any Incremental Facility Closing Date on which any Incremental Term Commitments are effected, subject to the satisfaction of the terms and conditions in this Section 2.15, (i) each Incremental Lender shall make a loan to the Borrower (an “Incremental Term Loan”) in an amount equal to its Incremental Term Commitment and (ii) each Incremental Lender shall become a Lender hereunder with respect to the Incremental Term Commitment and the Incremental Term Loans made pursuant thereto.

  • Each Incremental Term Loan Request from the Borrower pursuant to this Section 2.15 shall set forth the requested amount and proposed terms of the relevant Incremental Term Loans.

  • Amounts repaid on the Incremental Term Loans may not be reborrowed.

  • The Incremental Term Loans may consist of Base Rate Loans or SOFR Loans, as further provided herein.


More Definitions of Incremental Term Loans

Incremental Term Loans as defined in Section 2.4(c).
Incremental Term Loans any term loans made pursuant to Section 2.24(a).
Incremental Term Loans means any loans made pursuant to any Incremental Term Commitments.
Incremental Term Loans means any term loans borrowed in connection with an Incremental Term Facility Activation Notice.
Incremental Term Loans means (i) Term Loans made by one or more Lenders to the Borrower pursuant to Section 2.01(c) consisting of additional Term B Loans and (ii) to the extent permitted by Section 2.21 and provided for in the relevant Incremental Assumption Agreement, Other Term Loans (including in the form of Extended Term Loans or Refinancing Term Loans, as applicable), or (iii) any of the foregoing.
Incremental Term Loans is defined in Section 2.19(a).
Incremental Term Loans means term loans established pursuant to Section 2.18(b).