Common use of Incremental Term Loans and Revolving Facility Increases Clause in Contracts

Incremental Term Loans and Revolving Facility Increases. Subject to the terms and conditions set forth herein, the Borrower shall have the right, at any time and from time to time prior to the Revolving Maturity Date, to incur additional Indebtedness under this Credit Agreement in the form of (i) additional term loans under a new term loan facility under this Credit Agreement (each, an "Incremental Term Loan") and/or (ii) an increase to the Aggregate Revolving Committed Amount (each, a "Revolving Facility Increase") by an aggregate principal amount for all such Incremental Term Loans and Revolving Facility Increases of up to $100,000,000 ("Incremental Increase Amount").

Appears in 1 contract

Samples: Credit Agreement (Henry Jack & Associates Inc)

AutoNDA by SimpleDocs

Incremental Term Loans and Revolving Facility Increases. Subject to the terms and conditions set forth herein, the Borrower Borrowers shall have the right, at any time and from time to time prior to the Revolving Maturity Date, to incur additional Indebtedness under this Credit Agreement in the form of (i) additional term loans under a new term loan facility facilities under this Credit Agreement (each, an "Incremental Term Loan") and/or (ii) an increase to the Aggregate Revolving Committed Amount (each, a "Revolving Facility Increase") by an aggregate principal amount for all such Incremental Term Loans and Revolving Facility Increases of up to $100,000,000 75,000,000 ("Incremental Increase Amount").

Appears in 1 contract

Samples: Credit Agreement (Esterline Technologies Corp)

Incremental Term Loans and Revolving Facility Increases. Subject to the terms and conditions set forth herein, the Borrower shall have the right, at any time and from time to time (but not to exceed five (5) increases in the aggregate) prior to the Revolving Maturity Date, to incur additional Indebtedness under this Credit Agreement in the form of (i) additional term loans under a new term loan facility under this Credit Agreement (each, an "Incremental Term Loan") and/or (ii) an increase to the Aggregate Revolving Committed Amount (each, a "Revolving Facility Increase") by an aggregate principal amount for all such Incremental Term Loans and Revolving Facility Increases of up to $100,000,000 25,000,000 ("Incremental Increase Amount").

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

Incremental Term Loans and Revolving Facility Increases. Subject to the terms and conditions set forth herein, the Borrower Borrowers shall have the right, at any time and from time to time prior to the Revolving Maturity Date, to incur additional Indebtedness under this Credit Agreement in the form of (i) additional term loans under a new term loan facility facilities under this Credit Agreement (each, an "Incremental Term Loan") and/or (ii) an increase to the Aggregate Revolving Committed Amount (each, a "Revolving Facility Increase") by an aggregate principal amount for all such Incremental Term Loans and Revolving Facility Increases of up to $100,000,000 250,000,000 ("Incremental Increase Amount").

Appears in 1 contract

Samples: Credit Agreement (Esterline Technologies Corp)

AutoNDA by SimpleDocs

Incremental Term Loans and Revolving Facility Increases. Subject to the terms and conditions set forth herein, the Borrower shall have the right, at any time and from time to time prior to the Revolving Maturity Date, to incur additional Indebtedness under this Credit Agreement in the form of (i) additional term loans under a new term loan facility facilities under this Credit Agreement (each, an "Incremental Term Loan") and/or (ii) an increase to the Aggregate Revolving Committed Amount (each, a "Revolving Facility Increase") by an aggregate principal amount for all such Incremental Term Loans and Revolving Facility Increases of up to $100,000,000 250,000,000 ("Incremental Increase Amount").

Appears in 1 contract

Samples: Credit Agreement (Esterline Technologies Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!