First Incremental Term Loans definition

First Incremental Term Loans has the meaning set forth in Section 2.01(c).
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First Incremental Term Loans means the Incremental Term Loans in an aggregate principal amount of $65,000,000 provided to the Borrower on the Amendment No. 5 Effective Date pursuant to the terms of Amendment No. 5.
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First Incremental Term Loans has the meaning set forth in the Third Amendment to this Agreement dated as of April 21, 2021.”
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Examples of First Incremental Term Loans in a sentence

  • First Incremental Term Loans shall be made as Eurocurrency Rate Loans as further provided in Amendment No. 1.

  • The First Incremental Term Loans shall shall constitute Loans under the Credit Agreement as amended by this Amendment and shall have the same terms as to interest rate, repayments and prepayments as do the Initial Term Loans under the Credit Agreement as amended by this Amendment.

  • First Incremental Term Loans shall be made as Eurocurrency Rate Loans as further provided in Amendment No.

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  • This Amendment constitutes the Incremental Amendment for the First Incremental Term Loans.

  • All of the parties hereto agree that the First Incremental Term Loans will, upon funding, be an increase in the Initial Term Loans outstanding immediately prior to the Amendment No. 1 Effective Date (after giving effect to this Amendment), will constitute Term Loans for all purposes of the Credit Agreement, will have the same terms as the Initial Term Loans, and will, together with the Initial Term Loans, be treated as a single Class of Term Loans.

  • The First Incremental Term Loans shall be funded on the Amendment No. 1 Effective Date as Eurocurrency Rate Loans and shall have an initial Interest Period that ends on the same date as the Interest Period applicable to the Initial Term Loans outstanding immediately prior to the Amendment No. 1 Effective Date.

  • The First Incremental Term Loans funded on the Amendment No. 1 Effective Date shall be funded as Term Loans in the form of Eurodollar Rate Loans and shall have an initial Interest Period that ends on the same date as the Interest Period applicable to the Outstanding Term Loans.

  • For U.S. federal income tax purposes, the parties hereto intend to treat (i) all First Incremental Term Loans and all Initial Term Loan as fungible and (ii) unless otherwise required by applicable law, none of the Borrower, the Administrative Agent or any Lender shall take any tax position inconsistent with clause (i) above.

  • At the time of and immediately after giving effect to this Amendment, no Default or Event of Default has occurred and is continuing, or would result from this Amendment, the incurrence of the First Incremental Term Loans as contemplated hereunder or from the application of the proceeds therefrom.


More Definitions of First Incremental Term Loans

First Incremental Term Loans means the Incremental Term Loans (as defined in the First Incremental Agreement).
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First Incremental Term Loans has the meaning set forth in Amendment No. 1.
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First Incremental Term Loans denominated in Dollars in an aggregate amount equal to the amount of such First Incremental Term Lender’s First Incremental Commitment. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed. First Incremental Term Loans shall be made as Eurocurrency Rate Loans as further provided in Amendment No. 1.
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First Incremental Term Loans means the Incremental Term Loans in an aggregate principal amount of $35,000,000 provided to the U.S. Borrower on the Second Amendment Effective Date pursuant to Second Amendment.”
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First Incremental Term Loans means the Term Loans funded pursuant to the First Incremental Amendment on the First Incremental Amendment Date, the proceeds of which shall be used to consummate the First Incremental Transactions, to pay fees and expenses in connection with the foregoing and for general corporate purposes or other actions or purposes permitted hereunder.
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First Incremental Term Loans shall have the meaning assigned to such term in the Preliminary Statement.
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Related to First Incremental Term Loans

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).