First Lien Incremental Facility definition

First Lien Incremental Facility means an “Incremental Facility” and any “Incremental Equivalent Debt” as defined in the First Lien Credit Agreement (or any similar terms in any other First Lien Financing Document).
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First Lien Incremental Facility has the meaning assigned to such term in the Credit Agreement as in effect on the Issue Date.
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First Lien Incremental Facility the “Incremental Facility” as defined in the First Lien Credit Agreement.
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Examples of First Lien Incremental Facility in a sentence

  • Each First Lien Incremental Facility shall be in a minimum principal amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof if such Incremental Facilities are denominated in Dollars (unless the Borrower and the First Lien Administrative Agent otherwise agree); provided that such amount may be less than $5,000,000 and to the extent such amount represents all the remaining availability under the aggregate principal amount of First Lien Incremental Facilities set forth above.

  • Any loan under a First Lien Incremental Facility shall be a “Loan” for all purposes of this Agreement and the other First Lien Loan Documents.

  • A First Lien Incremental Facility may be provided, subject to the prior written consent of the Borrower (not to be unreasonably withheld), by any existing Lender (it being understood that no existing Lender shall have the right to participate in any First Lien Incremental Facility or, unless it agrees, be obligated to provide any First Lien Incremental Facilities) or by any Additional Lender.

  • A First Lien Incremental Facility may be provided, subject to the prior written consent of the Borrower (not to be unreasonably withheld), by any existing Lender (it being understood that no existing Lender shall be required to participate in any First Lien Incremental Facility or, unless it agrees, be obligated to provide any First Lien Incremental Facilities) or by any Additional Lender.

  • It is further agreed that Jefferies shall have “left side” designation and shall appear on the top left of any Information Materials (as defined below) in respect of the First Lien Incremental Facility, with Golub Capital and Ares appearing to its right in that order.

  • A First Lien Incremental Facility may be provided, subject to the prior written consent of the Borrower (not to be unreasonably withheld), by any existing Lender (it being understood that no existing Lender shall have the right to participate in any First Lien Incremental Loans or, unless it agrees, be obligated to provide any First Lien Incremental Loans) or by any First Lien Additional Lender.

  • Each First Lien Incremental Facility shall be in a minimum principal amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof if such First Lien Incremental Facilities are denominated in Dollars (unless the Borrower and the First Lien Administrative Agent otherwise agree); provided that such amount may be less than $5,000,000 and to the extent such amount represents all the remaining availability under the aggregate principal amount of First Lien Incremental Facilities set forth above.

  • All other financial institutions and any other applicable Lead Arranger or Joint Bookrunner will be listed in customary fashion (as mutually agreed to by you and the applicable Lead Arrangers and/or Joint Bookrunners) on any Information Materials in respect of the First Lien Incremental Facility.

  • It is agreed that (i) each of Jefferies, Golub Capital and Ares will act as a joint lead arranger for the First Lien Incremental Facility (as defined below), (collectively the “Lead Arrangers,” and each a “Lead Arranger”) and (ii) each of Jefferies, Golub Capital and Ares will act as a joint bookrunner for the First Lien Incremental Facility (collectively with the Lead Arrangers, the “Joint Bookrunners,” and each a “Joint Bookrunner”).

  • The Lenders acknowledge that the First Lien Loans, First Lien Specified Letters of Credit, First Lien Specified Swap Agreements and First Lien Specified Cash Management Agreements and related obligations are secured by the Collateral, subject to the Intercreditor Agreement, and that the First Lien Obligations may be increased from time to time, including pursuant to the First Lien Incremental Facility or by amendment.


More Definitions of First Lien Incremental Facility

First Lien Incremental Facility has the meaning assigned to such term in Section 2.20(a).
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Related to First Lien Incremental Facility

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

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

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

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

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

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

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

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

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

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

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

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.