Examples of Increased Term Loan in a sentence
For the avoidance of doubt, no existing Lender shall have any obligation to provide any portion of any Increased Revolving Commitments, Increased Term Loan Commitments or Incremental Term Facility.
The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of any Increased Revolving Commitments, Increased Term Loan Commitments or Incremental Term Facility.
The Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of any Increased Revolving Commitments, Increased Term Loan Commitments or Incremental Term Facility.
The Term Loan Commitments of the Additional Lenders shall not in the aggregate exceed the requested amount of such Increased Term Loan Commitments.
Except as set forth in this Amendment, the Increased Term Loan shall otherwise be subject to the provisions of the Credit Agreement and the other Loan Documents.
Except as set forth in this Agreement, the [Increased Term Loan [B][C] Commitment[s]] [Increased Revolving Commitment[s]] shall otherwise be subject to the provisions of the Credit Agreement and the other Loan Documents.
As of the First Amendment Effective Date, after giving effect to the incurrence of the Increased Term Loan, the aggregate principal amount of Term Loans outstanding pursuant to the Credit Agreement shall be $920,875,000.00.
Upon execution and delivery hereof, and the funding of the Increased Term Loan, the Administrative Agent will record the Increased Term Loan made by the Increase Lender in the Register as “Term Loans” for all purposes of the Credit Agreement and constituting the same class as the Term Loans made pursuant to Section 2.01 of the Credit Agreement.
You will have a security interest in the motor vehicle being purchased.
As of the Increased Term Loan Effective Date, the amortization schedule for the Term Loan set forth in Section 5.3 shall be amended to increase the then-remaining unpaid installments of principal by an aggregate amount equal to the Increased Term Loan being made on such date.