First Incremental Effective Date definition

First Incremental Effective Date means February 9, 2018.

First Incremental Effective Date means the Incremental Effective Date (as defined in the 2015 Term B-1 Incremental Assumption Agreement).

First Incremental Effective Date means June 21, 2024.

Examples of First Incremental Effective Date in a sentence

• Pursuant to the Incremental Amendment, the Company borrowed $250.0 million in aggregate principal amount of incremental term loans (the “Incremental Term Loans”) at an original issue discount of 0.75%, increasing the aggregate principal amount of loans outstanding under the Term Loan Credit Facility on the First Incremental Effective Date to $943.0 million.

• Notes to Condensed Consolidated Financial Statements (Unaudited) On May 22, 2019 (the "First Incremental Effective Date"), we amended the Term Loan Credit Facility agreement pursuant to the terms of the First Incremental Amendment to Term Loan Credit Agreement (the "Incremental Amendment").

• Delek may also make voluntarily prepayments under the Term Loan Credit Facility at any time, subject to a prepayment premium of 1.0% in connection with certain customary repricing events that may occur within six months after the First Incremental Effective Date, with no such premium applied after six months.

• As a result, the refunded bonds are considered to be defeased and the liability has been removed from the business- type activities column of the statement of net assets.

More Definitions of First Incremental Effective Date

First Incremental Effective Date means the date on which the First Incremental Amendment becomes effective in accordance with its terms.

First Incremental Effective Date means the date on which the conditions precedent set forth in Section 5 of the Incremental Assumption Agreement and Amendment No. 1 shall have been satisfied, which date is May 29, 2015.

First Incremental Effective Date the Effective Date (as defined in the First Incremental Amendment), which, for the avoidance of doubt, is April 18, 2018.

First Incremental Effective Date means the Incremental Effective Date (as defined in the 2017 Term B-1 Incremental Assumption Agreement).

First Incremental Effective Date means the 2024 Incremental Effective Date (as defined in the First Incremental Assumption and Amendment Agreement).

First Incremental Effective Date means July 29, 2016.

First Incremental Effective Date means the date on which the First Incremental Assumption Agreement became effective, which date is March 14, 2024.