Incremental Commitment Amount definition

Incremental Commitment Amount shall have the meaning set forth in Section 2.23.

Incremental Commitment Amount means, at any time, the excess, if any, of $150,000,000 over the aggregate amount of all Incremental Commitments established prior to such time pursuant to Section 2.23.

Incremental Commitment Amount means, at any time, the excess, if any, of (a) $100,000,000 over (b) the aggregate amount of all Incremental Commitments established prior to such time pursuant to Section 2.01(c).

Examples of Incremental Commitment Amount in a sentence

• The sum of the increase in the principal amount of the Revolving Commitments and the aggregate principal amount of the Incremental Term Loan Commitments of the Increasing Lenders plus the principal amount of the Revolving Commitments and the aggregate principal amount of the Term Loan Commitments of the Additional Lenders shall not in the aggregate exceed the unsubscribed amount of the Incremental Commitment Amount.

• The sum of the increase in the Revolving Commitments and the new Term Loan Commitments of the Increasing Lenders plus the Revolving Commitments and the Term Loan Commitments of the Additional Lenders shall not in the aggregate exceed the Incremental Commitment Amount.

• The sum of the increase in the Revolving Commitments of the Increasing Lenders plus the Revolving Commitments of the Additional Lenders shall not in the aggregate exceed the unsubscribed amount of the Incremental Commitment Amount.

• The sum of the increase in the Revolving Commitment of the Increasing Lenders plus the Revolving Commitments of the Additional Lenders shall not in the aggregate exceed the unsubscribed amount of the Incremental Commitment Amount.

• The sum of the increase in the Revolving Commitments and the Term Loan Commitments of the Increasing Lenders plus the Revolving Commitments and the Term Loan Commitments of the Additional Lenders shall not in the aggregate exceed the unsubscribed amount of the Incremental Commitment Amount.

More Definitions of Incremental Commitment Amount

Incremental Commitment Amount means, at any time of determination, $400,000,000 minus (i) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Commitments established prior to such time and (ii) the aggregate amount of reductions in the Incremental Commitment Amount effected pursuant to Section 2.13(c).

Incremental Commitment Amount set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Incremental Commitment Amount means, at any time of determination after the making of the Incremental Term Loans contemplated by Amendment No. 2, the excess, if any, of (a) U.S.$400,000,000 over (b) the sum of (i) the aggregate amount of all Incremental Term Loan Commitments established after the making of the Incremental Term Loans contemplated by Amendment No. 2 but prior to such time of determination, (ii) the aggregate amount of all Incremental Revolving Credit Commitments established after the making of the Incremental Term Loans contemplated by Amendment No. 2 but prior to such time of determination, (iii) the aggregate amount of all Incremental Revolving (Canadian) Credit Commitments established after the making of the Incremental Term Loans contemplated by Amendment No. 2 but prior to such time of determination and (iv) the aggregate amount of all Incremental Deposit Funded Commitments established after the making of the Incremental Term Loans contemplated by Amendment No. 2 but prior to such time of determination.”

Incremental Commitment Amount are hereby deleted from Section 1.01 of the Original Agreement.

Incremental Commitment Amount means, at any time, the excess, if any, of (a) U.S.$400,000,000 over (b) the sum of (i) the aggregate amount of all Incremental Term Loan Commitments established prior to such time, (ii) the aggregate amount of all Incremental Revolving Credit Commitments established prior to such time, (iii) the aggregate amount of all Incremental Revolving (Canadian) Credit Commitments established prior to such time and (iv) the aggregate amount of all Incremental Deposit Funded Commitments established prior to such time.

Incremental Commitment Amount means, at any time of determination, $100,000,000 minus the sum of (x) the aggregate principal amount of Other Term Loans issued at or prior to such time and (y) the aggregate principal amount of Permitted Tranche B-2 Refinancing Indebtedness in excess of the amount necessary to Refinance Tranche B-2 Term Loans issued at or prior to such time.

Incremental Commitment Amount means, after giving pro forma effect to the occurrence of Other Term Loans in respect of the Incremental Commitment and the application of the proceeds thereof to purchase an Additional Collateral Vessel, an amount not to exceed the lesser of (A) an amount such that the pro forma Loan To Value Ratio does not exceed 55% and (B) $115,000,000 per Additional Collateral Vessel.