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 (a) U.S.$25,000,000 over (b) 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 $150,000,000 over the aggregate amount of all Incremental Commitments established prior to such time pursuant to Section 2.23.
Examples of Incremental Commitment Amount in a sentence
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.
More Definitions of Incremental Commitment Amount
Incremental Commitment Amount has the meaning given that term in the definition of “Commitment”.
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 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.
Incremental Commitment Amount means, at any time of determination, $100,000,000 minus the aggregate principal amount of Other Term Loans issued at or prior to such time.
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 shall have the meaning set forth in Section 2.22. “Incurrence Test” shall mean compliance with Section 6.1 on a Pro Forma Basis.