Examples of First Incremental Effective Date in a sentence
The original aggregate amount of the Tranche B Delayed Draw Commitments on the First Incremental Effective Date is $110 million.
On the First Incremental Effective Date (after giving effect to the funding of the Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the First Incremental Effective Date will terminate.
The Loan Parties party hereto have requested, and the Lenders party hereto have agreed, that the Existing Credit Agreement be, effective from the First Incremental Effective Date, amended as set forth herein.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single loan (the “First Incremental Term Loan”) to the Borrower, in Dollars, on the First Incremental Effective Date in an amount not to exceed such Xxxxxx’s First Incremental Term Commitment.
Subject to the terms and conditions set forth herein, the Incremental Revolving Facility Lender agrees to become an Existing Revolving Facility Lender and to provide, on and from the First Incremental Effective Date, an Existing Revolving Facility Commitment to the Borrower in an amount equal to $15,000,000 (the “Incremental Revolving Facility Commitment”).