Incremental Bank definition

Incremental Bank has the meaning set forth in Section 2.17(b).
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Incremental Bank means a Bank that has an Incremental Commitment. ----------------
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Incremental Bank has the meaning specified in Section 10.8(f).
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Examples of Incremental Bank in a sentence

  • GM will reimburse Supplier for the incremental costs that Supplier reasonably incurs in connection with building and shipping the Inventory Bank Parts, including, without limitation, overtime costs, special packaging costs, and handling costs, as applicable (the “Incremental Bank Costs”), provided that such Incremental Bank Costs are approved by GM in advance and in writing, which approval shall not be unreasonably withheld.

  • The covenants for the Unsecured Exchange Notes will include credit facilities and liens capacity equal to the greater of (a) the Bank Facilities plus the capacity under the Incremental Bank Facilities (as in effect under the Bank Facilities Documentation on the Closing Date) and (b) an amount such that the Senior Secured Leverage Ratio is no greater than the Senior Secured Leverage Ratio as of the Closing Date.

  • The parties hereto acknowledge and agree that upon the Agreement Effective Date (as defined below), the Incremental Commitment of each Incremental Bank shall become, or in the case of an existing Bank under the Credit Agreement, shall be added to (and thereafter become a part of), the Commitment of such Incremental Bank.

  • The Incremental Term Loans shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Company, the Administrative Agent and each Incremental Bank making such Incremental Term Loan, in form and substance reasonably satisfactory to each of them.

  • The parties hereto further agree that, with respect to the Incremental Commitment provided by each Incremental Bank pursuant to this Agreement, such Incremental Bank shall receive from the Borrower such upfront fees, unutilized commitment fees and/or other fees, if any, as may be separately agreed to in writing with Borrower and acknowledged by the Administrative Agent, all of which fees shall be due and payable to such Incremental Bank on the terms and conditions set forth in each such separate agreement.


More Definitions of Incremental Bank

Incremental Bank shall have the meaning provided in Section 1B.02.
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Incremental Bank is defined in Section 2.24(a).
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Related to Incremental Bank

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

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

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

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

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

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

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

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

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

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

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

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

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

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

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit P (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.15.

  • 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.

  • 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.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

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

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing Incremental Term Loans made by such Lender, substantially in the form of Exhibit B-2.

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

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

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