Additional Facility Amount definition

Additional Facility Amount means, at Borrower’s option, as agreed to by Borrower and Lenders in accordance with Section 2.9, an aggregate principal amount equal of not more than One Hundred Million Dollars ($100,000,000.00).
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Additional Facility Amount means at any time, the aggregate commitments then outstanding under the Additional Credit Agreement, provided that, if at such time, the commitments under the Additional Credit Agreement shall have terminated "Additional Facility Amount" shall mean, at such time, the aggregate principal amount of loans outstanding under the Additional Credit Facility at such time.
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Additional Facility Amount means, at such time, the aggregate principal amount of loans outstanding under the Additional Credit Facility at such time.
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Examples of Additional Facility Amount in a sentence

  • The Collateral Agent shall endeavor to cause each such Person that agrees to make any term loan with respect to the Additional Facility Amount and makes any such term loan to timely provide complete and accurate Internal Revenue Service forms and other documentation required pursuant to Section 2.6(d) or Section 2.8 and the Collateral Agent shall update the Register as required to reflect any such term loan made by such Person.

  • In the event Borrower and the Required Lenders mutually agree on the terms described in Sections 2.9(a)(i) –(iv) above, the parties hereto agree to amend or restate this Agreement to reflect such terms in this Agreement and to otherwise incorporate in this Agreement the term loans to be made with respect to the Additional Facility Amount, including such amendments or restatements as may be reasonably necessary to confirm that such term loans are “Term Loans” for all purposes hereunder.

  • A drawdown under the Extension Facility shall require the consent of SkyGem and Southern Fox and as such the Additional Facility Amount does not represent committed funding.

  • Under the Extension Facility, the Additional Facility Amount may be drawn by Allergy Therapeutics during the period to 31 January 2024 with a minimum drawdown amount of £3 million per utilisation, and interest of 18 per cent.

  • In the event Borrower fails to deliver the Additional Facility Amount Request on or before the 24th-month anniversary of the Tranche A Closing Date, Borrower shall be deemed to have declined to exercise its right under this Section 2.9 to request that the Lenders make one or more term loans to Borrower in an aggregate principal amount equal to the Additional Facility Amount and such right shall automatically expire.

  • A drawdownunder the Extension Facility shall require the consent of SkyGem and Southern Fox and as such the Additional Facility Amount does not represent committed funding.

  • Each Lender may, not more than 20 days following such notice, elect by written notice to the Borrower and the Agent to increase its Facility Amount by a principal amount equal to its Percentage of the Additional Facility Amount.

  • On 26 September 2023, Allergy Therapeutics entered into the Extension Facility pursuant to which, subject to, amongst other things, the repayment of all amounts due under the Loan Facility and the grant of the Additional Security, SkyGem and Southern Fox have agreed, on an uncommitted basis, to make available to Allergy Therapeutics the Additional Facility Amount.

  • Under the Extension Facility, the Additional Facility Amount may be drawn by Allergy Therapeutics during the period to 31 January 2024 with a minimum drawdown amount of £3 million per utilisation and interest of 18 per cent.

  • In the event that the Bank Facility Amount is increased to $400,000,000 and the Additional Facility Amount is decreased to zero as a result of any amendment pursuant to this Section 9.08(c), such amendment shall also delete (i) Section 3.10(c) in its entirety and (ii) the last sentence of Section 6.01 in its entirety.


More Definitions of Additional Facility Amount

Additional Facility Amount means $142,000,000 or such amount as may be adjusted in accordance with Section 9.08(c).
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Additional Facility Amount means the total principal sum of up to £15 million which, subject tothe satisfaction of certain conditions in the Extension Facility including the consent of SkyGem and Southern Fox, may be drawn by Allergy Therapeutics under the terms of the Extension Facility;
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Related to Additional Facility Amount

  • Additional Facility means an additional term or revolving facility referred to in Section 2.14 and “Additional Facilities” means all or any such Additional Facilities.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Additional Facilities has the meaning assigned to that term in Section 2.9(a).

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Total Facility A Commitments means the aggregate of the Facility A Commitments, being €300,000,000 at the date of this Agreement.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Total Unutilized Revolving Loan Commitment means, at any time, an amount equal to the remainder of (x) the Total Revolving Loan Commitment in effect at such time less (y) the sum of (i) the aggregate principal amount of all Revolving Loans and Swingline Loans outstanding at such time plus (ii) the aggregate amount of all Letter of Credit Outstandings at such time.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Increase Amount is defined in Section 2.3(a).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).