Facilities Increase Notice definition

Facilities Increase Notice means a notice from the Borrower to the Administrative Agent requesting a Facilities Increase, which may include any proposed term and condition for such proposed Facilities Increase but shall include in any event the amount of such proposed Facilities Increase.
Facilities Increase Notice means a notice from the Borrower Representative to the Administrative Agent requesting a Facilities Increase, which may include any proposed term and condition for such proposed Facilities Increase but shall include in any event the amount of such proposed Facilities Increase.
Facilities Increase Notice appearing in Section 1.01 (Defined Terms) of the Credit Agreement is hereby amended by deleting the text “Agents” in said definition and inserting the text “Administrative Agentin lieu thereof.

Examples of Facilities Increase Notice in a sentence

  • Pursuant to Section 2.08(e) (Repayment of Loans), as of the Effective Date, the Borrower promises to repay the Incremental Term Loans made pursuant to the First Facilities Increase on the dates and in the amounts specified in the First Facilities Increase Notice.

  • Waive the requirement specified in Section 2.01(b) (Facilities Increase) that no Facilities Increase shall be effective earlier than 10 days after the delivery of the applicable Facilities Increase Notice to the Agents in respect of such Facilities Increase solely to the extent necessary to permit the Second Facilities Increase to become effective on the Effective Date.

  • The amortization for any Incremental Term Loans shall be as set forth on the relevant Facilities Increase Notice, subject to the provisions of Section 2.19(c).

  • The amortization for any Incremental Term Loans shall be as set forth on the relevant Facilities Increase Notice, subject to the provisions of SECTION 2.19(C).

Related to Facilities Increase Notice

  • Commitment Increase Notice as defined in Section 2.1(b).

  • Increase Notice has the meaning specified in Section 2.05(c)(ii).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

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

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • 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.

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

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

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

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Subordination Increase Amount As to any Distribution Date, the lesser of (i) the Subordination Deficiency and (ii) the Excess Interest.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Extended Revolving Facility Commitment shall have the meaning assigned to such term in Section 2.21(e).

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

  • Increase Date has the meaning specified in Section 2.18(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

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

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).