First Lien Incremental Term Loan definition

First Lien Incremental Term Loan means any Term Loan provided under any First Lien Incremental Facility.

First Lien Incremental Term Loan means any Term Loan provided under any First Lien Incremental Facility. “First Lien Loan Document Obligations” means (a) the due and punctual payment by the Borrower of (i) the principal of the Loans and LC Disbursements, and all accrued and unpaid interest thereon at the applicable rate or rates provided in this Agreement (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations of the Borrower under or pursuant to this Agreement and each of the other First Lien Loan Documents, including obligations to pay fees, expenses, reimbursement obligations and -28-

First Lien Incremental Term Loan means any Term Loan provided under any Incremental Facility.

Examples of First Lien Incremental Term Loan in a sentence

• Amendment No. 4 First Lien Incremental Term Loan (First Lien) Participation $ 4,000,000.00 99.25 % $ 3,970,000.00 $ 3,970,000.00 $ 0.00 LX212309 Lightbeam Bidco, Inc.

• You have requested that the Commitment Parties commit to provide the First Lien Incremental Term Loan Facility and the Commitment Parties agree to structure, arrange and syndicate the First Lien Incremental Term Loan Facility.

• Royal Bank is pleased to advise you of its commitment to provide 60% of the First Lien Incremental Term Loan Facility and DBNY is pleased to advise you of its commitment to provide 40% of the First Lien Incremental Term Loan Facility, in each case, upon the terms described in the First Lien Incremental Facility Term Sheet, and subject solely to the Specified Conditions (defined below).

• Each First Lien Incremental Term Loan shall be in a minimum principal amount of $2,000,000 and integral multiples of $500,000 in excess thereof (unless the Borrower and the First Lien Administrative Agent otherwise agree); provided that such amount may be less than $2,000,000 if such amount represents all the remaining availability of the aggregate principal amount of First Lien Incremental Term Loans set forth above.

More Definitions of First Lien Incremental Term Loan

First Lien Incremental Term Loan means any Term Loan provided under any First Lien Incremental Facility. “First Lien Loan Document Obligations” means (a) the due and punctual payment by the Borrower of (i) the principal of the Loans and LC Disbursements, and all accrued and unpaid interest thereon at the applicable rate or rates provided in this Agreement (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise and (ii) all other monetary obligations of the Borrower under or pursuant to this Agreement and each of the other First Lien Loan Documents, including obligations to pay fees, expenses, reimbursement obligations and indemnification obligations and obligations to provide cash collateral, whether primary, secondary, direct, contingent, fixed or otherwise (including interest and monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), (b) the due and punctual payment and performance of all other obligations of the Borrower under or pursuant to each of the First Lien Loan Documents and (c) the due and punctual payment and performance of all the obligations of each other Loan Party under or pursuant to this Agreement and each of the other First Lien Loan Documents (including interest and monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding).