Extended Incremental Term Loans definition

Extended Incremental Term Loans shall have the meaning provided in Section 2.14(a).
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Extended Incremental Term Loans as defined in Section 2.23(c)(i).
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Extended Incremental Term Loans shall have substantially the same terms, taken as a whole as the tranche of Incremental Term Loans subject to such Extension Offer until the maturity of such Incremental Term Loans; provided that the terms and conditions applicable to any Extended Incremental Term Loan may provide for additional or different financial or other covenants or other provisions that are agreed between the Borrower and the lenders thereof and applicable only during periods after the maturity of the Incremental Loans that are not extended, (iv) the final maturity date of any Extended Incremental Term Loans shall be no earlier than the then latest maturity date hereunder and the amortization schedule applicable to Extended Incremental Term Loans for periods prior to the then latest maturity date hereunder may not be increased, (v) the weighted average life of any Extended Incremental Term Loans shall be no shorter than the remaining weighted average life of the Incremental Term Loans extended thereby, (vi) any Extended Incremental Term Loans may participate on a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder, in each case as specified in the respective Extension Offer, (vii) if the aggregate principal amount of Incremental Term Loans (calculated on the face amount thereof) or Revolving Commitments, as the case may be, in respect of which Incremental Term Lenders or Revolving Lenders, as the case may be, shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Incremental Term Loans or Revolving Commitments, as the case may be, offered to be extended by the Borrower pursuant to such Extension Offer, then the Incremental Term Loans or Revolving Loans, as the case may be, of such Incremental Term Lenders or Revolving Lenders, as the case may be, shall be extended ratably up to such maximum amount based on the respective principal amounts (but not to exceed actual holdings of record) with respect to which such Incremental Term Lenders or Revolving Lenders, as the case may be, have accepted such Extension Offer, (viii) all documentation in respect of such Extension shall be consistent with the foregoing, (ix) any applicable Minimum Extension Condition shall be satisfied unless waived by the Borrower and (x) the Minimum Tranche Amount shall be satisfied unless waived by the Administrative Agent.
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Examples of Extended Incremental Term Loans in a sentence

  • Extended Existing Term Loans, Extended Initial Term Loans, Extended Incremental Term Loans or the Refinancing Term Loans as the context may require.

  • All Extended Incremental Term Loans, Extended Revolving Commitments and all obligations in respect thereof shall be Obligations under this Agreement and the other Loan Documents that are secured by the Collateral and guaranteed on a pari passu basis with all other applicable Obligations under this Agreement and the other Loan Documents.


More Definitions of Extended Incremental Term Loans

Extended Incremental Term Loans means any class of Incremental Term Loans the maturity of which shall have been extended pursuant to Section 2.18.
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Extended Incremental Term Loans means any Incremental Term Loans the maturity of which shall have been extended pursuant to Section 2.16.
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Related to Extended Incremental Term Loans

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Term Note shall have the meaning provided in Section 2.05(a).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).