Increased Term Loans definition

Increased Term Loans is defined in the fourth recital hereto.
Sample 1Sample 2Sample 3
Increased Term Loans has the meaning set forth in Section 2.14(a).
Sample 1Sample 2Sample 3

Examples of Increased Term Loans in a sentence

  • Amounts paid or prepaid in respect of Increased Term Loans or Additional Term Loans may not be reborrowed.

  • No Lender shall be obligated to provide any Incremental Term Loans, Increased Term Loans or Revolving Commitment Increases, unless it so agrees.

  • The Borrower will use the proceeds of the Incremental Term Loans, Increased Term Loans and Revolving Commitment Increases for any purpose not prohibited by this Agreement.

  • The exchange of Exchanged Term Loans with Refinancing Term Loans and the repayment of Existing Term Loans (other than the Exchanged Term Loans) with the proceeds of the Increased Term Loans and Additional Term Loans contemplated hereby collectively constitute a voluntary prepayment of the Existing Term Loans by the Borrower pursuant to Section 2.11 of the Credit Agreement and shall be subject to the provisions of Section 2.11 of the Credit Agreement.

  • SECTION 4.7 The Borrower shall have applied, concurrently with the exchange of the Exchanged Term Loans with Refinancing Term Loans and the making of the Increased Term Loans and Additional Term Loans (if any), the Net Proceeds of the Refinancing Term Loans (if any), together with cash on hand, to prepay in full the principal amount of all Existing Term Loans other than Exchanged Term Loans.

  • During the coordination phase of the mangrove rehabilitation project, the benefits from a rehabilitated mangrove ecosystem were highlighted in meetings with the barangay.

  • Section 2.9.5 Any Additional Term Loans, Increased Term Loans or Additional Revolving Commitments, as applicable, made or provided pursuant to this Section 2.9 shall be evidenced by one or more entries in the Register maintained by the Administrative Agent in accordance with the provisions set forth in this Agreement.

  • Unless the Agent determines that any applicable condition specified in Article III has not been satisfied, the Agent will make the proceeds of the Increased Term Loans available to the Borrowers at the Agent’s main office on the requested date.

  • Agreement to Make Increased Term Loans and Additional Term Loans .

  • The proceeds of the Increased Term Loans shall be used to (a) fund Permitted Acquisitions after the Second Amendment Effective Date, (b) fund prepayments upon the Revolving Loans, (c) fund transaction costs in connection with Permitted Acquisitions and this Agreement and (d) fund working capital of the Borrowers.

Related to Increased Term Loans

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

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

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • New Term Loans as defined in Section 2.24.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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

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

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • 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.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

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

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

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

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • 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.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • 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.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.