INCREMENTAL JOINDER AGREEMENTIncremental Joinder Agreement • April 28th, 2015 • Microsemi Corp • Semiconductors & related devices • New York
So long as no Default or Event of Default has occurred and is continuing, the Applicable Margin for the Incremental Term Loans, Incremental Revolving Loans and Swingline Loans and the Commitment Fee Rate with respect to the Incremental Revolving Commitments shall be adjusted, on and after the first Adjustment Date occurring after the completion of the first full fiscal quarter of the Borrower after the Effective Date, based on changes in the Consolidated Leverage Ratio, with such adjustments to become effective on the date (the “Adjustment Date”) that is three Business Days after the date on which the relevant financial statements are delivered to the Lenders pursuant to Section 7.1 of the Credit Agreement
