First Incremental Commitment definition

First Incremental Commitment means, for any Term Lender, the commitment amount set forth opposite such Term Lender’s name in Schedule 1.01(A) under the caption “First Incremental Commitment” (as amended pursuant to the terms of Amendment No. 1). The aggregate amount of the Term Lenders’ First Incremental Commitments on the Amendment No. 1 Effective Date (immediately prior to the incurrence of the First Incremental Term Loans on such date) is $205,000,000.
First Incremental Commitment means the Incremental Commitment of the applicable Lender pursuant to the First Incremental Facility Amendment.
First Incremental Commitment means, with respect to each First Incremental Lender, the obligation of such First Incremental Lender to make an Incremental Loan to the Borrower hereunder on the First Incremental Amendment Closing Date (as defined in Section 5 hereof) in a principal amount equal to the Permitted Incremental Loan Amount, multiplied by the percentage set forth opposite such First Incremental Lender’s name on Schedule I hereto.

Examples of First Incremental Commitment in a sentence

  • On the First Increase Effective Date, Borrowers paid an upfront fee to each Lender then party to this Agreement in an amount equal to the Upfront Fee Percentage multiplied by the First Incremental Commitment of such Lender (the “First Incremental Facility Upfront Fee”).


More Definitions of First Incremental Commitment

First Incremental Commitment means, with respect to each First Incremental Lender, the obligation of such First Incremental Lender to make an Incremental Loan to the Borrower hereunder on the First Incremental Amendment Closing Date (as defined in Section 5 hereof) in a principal amount equal to the Permitted Incremental Loan Amount, multiplied by the percentage set forth opposite such First Incremental Lender’s name on Schedule I hereto.

Related to First Incremental Commitment