Incremental Loan Facilities. Subject to the terms and conditions set forth herein, the Borrowers may at any time after the Effective Date, upon notice to the Administrative Agent, establish one or more incremental term loans (each such term loan, an “Incremental Term Loan”); provided that:
Appears in 3 contracts
Samples: Credit Agreement (Speedway Motorsports LLC), Credit Agreement (Speedway Motorsports LLC), Credit Agreement (Speedway Motorsports Inc)
Incremental Loan Facilities. Subject to the terms and conditions set forth herein, the Borrowers may at any time after the Effective Closing Date, upon notice to the Administrative Agent, establish one additional credit facilities (the “Incremental Loan Facilities”) by increasing the Revolving Commitments or more incremental establishing a term loans loan (each such term loan, an “Incremental Term Loan”), or some combination thereof; provided that:
Appears in 2 contracts
Samples: Credit Agreement (Speedway Motorsports Inc), Credit Agreement (New Hampshire Motor Speedway, Inc.)
Incremental Loan Facilities. Subject to the terms and conditions set forth herein, the Borrowers may at any time after the Effective Closing Date, upon notice to the Administrative Agent, establish one additional credit facilities (the “Incremental Loan Facilities”) by increasing the Revolving Commitments or more incremental term loans (each such establishing a term loan, an “Incremental Term Loan”)or some combination thereof; provided that:
Appears in 1 contract
Samples: Credit Agreement (Inex Corp)
