First Amendment Incremental Term Commitment definition

First Amendment Incremental Term Commitment means, as to each Term Loan Lender, its obligation (if applicable) to make a First Amendment Incremental Term Loan to the Borrower pursuant to Section 2.1(a)(ii) in an aggregate amount not to exceed the amount specified opposite such Lender’s name on Schedule 2.1 under the caption “First Amendment Incremental Term Commitment” or in the Assignment and Acceptance (or Affiliated Lender Assignment and Assumption) pursuant to which such Term Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including pursuant to Section 2.24 or Section 2.25). The aggregate amount of the First Amendment Incremental Term Commitments as of the First Amendment Effective Date is $25,000,000.
First Amendment Incremental Term Commitment has the meaning specified in the First Amendment.
First Amendment Incremental Term Commitment means, as to each Term Loan Lender, its obligation (if applicable) to make a First Amendment Incremental Term Loan to the Borrower pursuant to Section 2.1(a)(ii) in an aggregate amount not to exceed the

Examples of First Amendment Incremental Term Commitment in a sentence

  • The First Amendment Incremental Term Commitment of the First Amendment Incremental Term Lender shall terminate upon funding of the First Amendment Incremental Term Loans.

  • From and after the First Amendment Effective Date, (a) each Incremental Term Lender party hereto shall be an Initial Tranche B Term Lender for all purposes under the Agreement and the other Credit Documents and (b) the First Amendment Incremental Term Commitment of each Incremental Term Lender party hereto shall be an Initial Tranche B Term Commitment for all purposes under the Credit Agreement and the other Credit Documents.

  • Each Incremental Term Lender party hereto hereby acknowledges and agrees that it has a First Amendment Incremental Term Commitment in the amount set forth opposite such Incremental Term Lender’s name on Appendix A-2 to this Amendment and agrees to severally make to the Borrower First Amendment Incremental Term Loans on the First Amendment Effective Date, in Dollars, in an aggregate amount equal to such Incremental Term Lender’s First Amendment Incremental Term Commitment hereunder.


More Definitions of First Amendment Incremental Term Commitment

First Amendment Incremental Term Commitment or in the Assignment and Acceptance (or Affiliated Lender Assignment and Assumption) pursuant to which such Term Loan Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement (including pursuant to Section 2.24 or Section 2.25). The aggregate amount of the First Amendment Incremental Term Commitments as of the First Amendment Effective Date is $25,000,000.

Related to First Amendment Incremental Term Commitment