Common use of Incremental 2016 First Lien Term Loans Clause in Contracts

Incremental 2016 First Lien Term Loans. On the Incremental First Lien Commitments Effective Date (as defined in Amendment No. 1), the Borrower obtained Incremental 2016 First Lien Term Loans (as defined in Amendment No. 1) pursuant to Amendment No. 1 on the terms and conditions set forth in Amendment No. 1. On the Amendment No. 4 Effective Date, 100% of the aggregate principal amount of the Incremental 2016 First Lien Term Loans outstanding on such date immediately prior to the effectiveness of Amendment No. 4 were refinanced with 100% of the Net Cash Proceeds of the Amendment No. 4 Refinancing Term Loans.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (EWT Holdings I Corp.)

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Incremental 2016 First Lien Term Loans. On the Incremental First Lien Commitments Effective Date (as defined in Amendment No. 1), the Borrower obtained Incremental 2016 First Lien Term Loans (as defined in Amendment No. 1) pursuant to Amendment No. 1 on the terms and conditions set forth in Amendment No. 1. On the Amendment No. 4 Effective Date, 100% of the aggregate principal amount of the Incremental 2016 First Lien Term Loans outstanding on such date immediately prior to the effectiveness of Amendment No. 4 were refinanced with 100% of the Net Cash Proceeds of the Amendment No. 4 Refinancing Term Loans.4

Appears in 1 contract

Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.)

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