Examples of Additional Credit Facilities in a sentence
For the avoidance of doubt, the parties hereto agree and acknowledge that the Additional Credit Facilities described in Sections 3 and 4 below constitute an increase in the Revolving Credit Facility under Section 2.17 of the Existing Credit Agreement and the making of Incremental Term Loans under Section 2.18 of the Existing Credit Agreement, respectively.
Pursuant to this Amendment, the amounts available for increases in the Revolving Credit Facility under Section 2.17 of the Credit Agreement and the making of Incremental Term Loans under Section 2.18 of the Credit Agreement, in each case following the Third Amendment Effective Date, shall be reset to the amounts as set forth in Exhibit A and shall not be reduced or otherwise affected by the Additional Credit Facilities provided for in this Amendment.
Up to $25.0 million of the Additional Credit Facilities may be utilized in connection with the Merger.
Subject to certain restrictions and exceptions, the Pinnacle Senior Credit Facility also permits Pinnacle to obtain up to an additional $125.0 million (the "Additional Credit Facilities") without the consent of the existing lenders thereunder, so long as no default or event of default under the Pinnacle Senior Credit Facility has occurred or would occur after giving effect to such issuance and certain other conditions are satisfied, including pro forma compliance with certain financial ratios.
No amendment, modification or waiver of any provision of this Agreement, and no consent to any departure by any Party hereto, shall be effective unless it is in a written agreement executed by (i) prior to the Discharge of Original First Lien Obligations, the First Lien Agent, (ii) prior to the Discharge of Original Second Lien Obligations, the Second Lien Agent and (iii) prior to the Discharge of Additional Obligations in respect of any Additional Credit Facilities, the applicable Additional Agent.