Examples of Incremental Assumption and Amendment Agreement in a sentence
On the Fourteenth Incremental Assumption and Amendment Agreement Effective Date, after giving effect to the funding of the 2024 Refinancing Term B-1 Loans, the 2024 Refinancing Term B-1 Loan Commitment of each 2024 Refinancing Term B-1 Lender terminated.
From and after the Sixteenth Incremental Assumption and Amendment Agreement Effective Date, the 2024 Refinancing Term B-1 Loans, the Incremental Term B-1 Loans and the May 2024 Incremental Term B-1 Loans shall be treated as a single “Class” and have the same terms and conditions for all purposes of this Agreement and the other Loan Documents, including all scheduled, optional and mandatory prepayments.
On the Fourth Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-2 Loans to be made on such date), the Term B-2 Loan Commitments of each Lender as of the Fourth Incremental Assumption and Amendment Agreement Effective Date will terminate.
On the Sixteenth Incremental Assumption and Amendment Agreement Effective Date, after giving effect to the funding of the May 2024 Incremental Term B-1 Loans, the May 2024 Incremental Term B-1 Loan Commitment of each May 2024 Incremental Term B-1 Lender shall terminate.
On the First Incremental Assumption and Amendment Agreement Effective Date (after giving effect to the funding of the Incremental Term B-1 Loans to be made on such date), the Term B-1 Loan Commitments of each Lender as of the First Incremental Assumption and Amendment Agreement Effective Date were terminated.
Notwithstanding anything in this Agreement to the contrary, any Incremental Term Loan Commitments and Incremental Term Loans established and incurred after the Fourth Incremental Assumption and Amendment Agreement Effective Date shall be in the form of additional Term B-2 Loans with terms identical to the existing Term B-2 Loans.
On the Tenth Incremental Assumption and Amendment Agreement Effective Date, after giving effect to the funding of the 2021 Refinancing Term B-1 Loans, the 2021 Refinancing Term B-1 Loan Commitment (as defined in the Tenth Amended and Restated Credit Agreement) of each Lender terminated.
On or after the Eleventh Incremental Assumption and Amendment Agreement Effective Date, Revolving Facility Loans may be allocated between the Borrower and any Co-Borrower by the Borrower in its sole discretion so long as the Borrower will continue to remain a Borrower hereunder or become a Guarantor.
The aggregate amount of the Swingline Commitments with respect to the 2021 Revolving Facility Commitments as of the Eleventh Incremental Assumption and Amendment Agreement Effective Date is $100,000,000.
The Incremental Lender (as defined in the Incremental Assumption and Amendment Agreement) is willing to provide the Incremental Commitments to the Borrower for the purposes set forth above, and the Issuing Bank is willing to increase the aggregate face amount of Letters of Credit that may be outstanding at anytime hereunder, in each case subject to the terms and conditions set forth herein.