First Amendment Incremental Term Loans has the meaning assigned to the term “Incremental Term Loans” in the First Amendment.
First Amendment Incremental Term Loans means the term loans made by the Lenders on the First Amendment Effective Date to the Borrower pursuant to Section 2.1(a)(ii); it being understood that except as set forth in the First Amendment and in this Agreement, the First Amendment Incremental Term Loans shall be of the same Class as the Initial Term Loans, shall have identical terms as the Initial Term Loans and shall otherwise be subject to the provisions, including any provisions restricting the rights, or regarding the obligations, of the Loan Parties or any provisions regarding the rights of the Lenders, of this Agreement and the other Loan Documents.
First Amendment Incremental Term Loans means Incremental Term Loans implemented pursuant to the First Amendment.
Examples of First Amendment Incremental Term Loans in a sentence
The aggregate principal amount of the First Amendment Incremental Term Loans made on the First Amendment Effective Date was $23,000,000.
The Borrower shall give the Administrative Agent irrevocable prior written notice in the form of a Notice of Borrowing not later than 12:00 p.m. at least one Business Day prior to the anticipated First Amendment Effective Date requesting that the First Amendment Incremental Term Lenders make the First Amendment Incremental Term Loans on the First Amendment Effective Date and specifying the amount to be borrowed.
Not later than 2:00 p.m. on the First Amendment Effective Date, each First Amendment Incremental Term Lender shall make available to the Administrative Agent, for the account of the Borrower, at the office of the Administrative Agent in funds immediately available to the Administrative Agent, First Amendment Incremental Term Loans in an amount equal to such First Amendment Incremental Term Lender’s First Amendment Incremental Term Loan Commitment.
Such fee shall be paid by the Borrower to the Administrative Agent, for the account of the First Amendment Incremental Term Lenders in respect of the First Amendment Incremental Term Loans on the date of such prepayment.
The aggregate principal amount of the First Amendment Incremental Term Loans made on the First Amendment Effective Date shall be $23,000,000.
More Definitions of First Amendment Incremental Term Loans
First Amendment Incremental Term Loans means the term loans made by the Lenders on the First Amendment Effective Date to the Borrower pursuant to Section 2 of the First Amendment. Except as otherwise expressly set forth herein or therein, the First Amendment Incremental Term Loans shall have the same terms as the Initial Term Loans and, once funded, shall constitute, together with the Initial Term Loans and any Delayed Draw Term Loans, a single Class of Loans.
First Amendment Incremental Term Loans the Incremental Term Loans incurred pursuant to Section 2.4.
First Amendment Incremental Term Loans means Incremental Term Loans implemented pursuant to the First Amendment. “First Priority” means, with respect to any Lien purported to be created in any Collateral pursuant to any Security Document, that such Lien is the only Lien to which such Collateral is subject, other than Permitted Liens. “Fiscal Quarter” means a fiscal quarter of any Fiscal Year.
First Amendment Incremental Term Loans has the meaning set forth in the First Amendment. “First Amendment Effective Date” has the meaning provided in the First Amendment.
First Amendment Incremental Term Loans to the Borrower on the First Amendment Effective Date, in an aggregate principal amount equal to $231,029,411.80 (the “First Amendment Incremental Term Loan Commitments”), and (ii) the New Lender identified on Schedule I-B hereto will establish commitments to lend term loans (the “Delayed Draw Term Loans”) to the Borrower from time to time during the Delayed Draw Availability Period, in an aggregate principal amount equal to $145,000,000 (the “Delayed Draw Term Loan Commitments” and, together with the First Amendment Incremental Term Loan Commitments, the “New Commitments”)), in each case, on the terms and conditions set forth in this Agreement and the Amended Credit Agreement; and
First Amendment Incremental Term Loans means Incremental Term Loans implemented pursuant to the First Amendment. “First Priority” means, with respect to any Lien purported to be created in any Collateral pursuant to any Security Document, that such Lien is the only Lien to which such Collateral is subject, other than Permitted Liens. “Fiscal Quarter” means a fiscal quarter of any Fiscal Year. “Fiscal Year” means the fiscal year of Holdings and its Subsidiaries ending on December 31 of each calendar year. “Foreign Lender” means a Lender that is not a U.S. Person. “GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect from time to time. “Governing Documents” shall mean, with respect to any Person, the certificate or articles of incorporation, by-laws, or other organizational documents of such Person. “Governmental Authority” means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central bank). “Governmental Authorization” means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority. “Guarantor” means each of Holdings and each Subsidiary Guarantor. 17 9482345
First Amendment Incremental Term Loans means the Incremental Term Loans provided pursuant to the First Amendment. “Fiscal Month” means any of the monthly accounting periods of the U.S. Borrower. “Fiscal Quarter” means each period of three (3) Fiscal Month periodMonths ending on March 31, June 30, September 30 or December 31. “Fiscal Year” means the twelve-montheach period of twelve (12) months ending on December 31. “Fixed Amount” has the meaning specified in Section 1.1(d)(ii). “Fixed Incremental Amount” means (i) at any time prior to the consummation of the Xxx Acquisition, $26,000,000 and (ii) if the Xxx Acquisition is consummated, $31,500,000. “Foreign Subsidiary” means any Subsidiary of the U.S. Borrower that is not a Domestic Subsidiary. 27 [[5286738]]