Incremental Commitment Increase definition

Incremental Commitment Increase shall have the meaning given such term in Section 2.19(a).

Incremental Commitment Increase has the meaning specified in Section 2.08(d).

Incremental Commitment Increase is defined in Section 1.18.

Examples of Incremental Commitment Increase in a sentence

• As proposed by the Applicants, the Commission could not have found the Transaction to be in the public interest.

• The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the applicable Incremental Commitment Increase Effective Date.

• Each such notice shall specify (i) the date (each, an “Increase Effective Date”) on which the Borrower proposes that the Incremental Commitment Increase shall be effective, which shall be a date not less than 10 Business Days after the date on which such notice is delivered to the Agent and (ii) the identity of each assignee to whom the Borrower proposes any portion of such Incremental Commitment Increase be allocated and the amounts of such allocations.

• Any assignment, participation or Incremental Commitment Increase in violation of this clause (g)(i) shall not be void, but the other provisions of this clause (g) shall apply.

• Any Lender offered or approached to provide all or a portion of any Incremental Commitment Increase may elect or decline, in its sole discretion, to provide such Incremental Commitment Increase.

• Each such notice shall specify the date (each, an "Increased Amount Date") on which Borrowers propose that any Incremental Commitment Increase shall be effective, which shall be a date not less than ten (10) Business Days after the date on which such notice is delivered to Agent.

• Borrowers shall invite each Lender and may invite any other Person reasonably satisfactory to Agent, to provide an Incremental Commitment Increase (any such Person, an "Incremental Lender").

• The Administrative Agent shall notify each Lender as to the effectiveness of each Incremental Commitment Increase, and at such time the applicable Commitments under, and for all purposes of, this Agreement shall be increased by the aggregate amount of such Incremental Commitment Increases.

• Any such requested Incremental Commitment Increase shall be first made to all existing Lenders on a pro rata basis.

• Each Additional Lender, the Loan Parties and the Administrative Agent shall enter into an amendment (an “Incremental Facility Amendment”) to this Agreement to evidence the Incremental Commitment Increase and such other Loan Documents as may be requested by the Administrative Agent.

More Definitions of Incremental Commitment Increase

Incremental Commitment Increase is hereby added to Section 1.01 in proper alphabetical order:

Incremental Commitment Increase has the meaning specified in Section 2.08(d). "Incremental Increase Lender" means, at any time, any bank or other financial institution that agrees to provide any portion of any Incremental Commitment Increase in accordance with Section 2.08. ​

Incremental Commitment Increase and “Incremental Commitment Increases” have the meaning assigned thereto in Section 5.13.

Incremental Commitment Increase means any increase to the Revolving Credit Commitments made prior to the Amendment No. 4 Effective Date pursuant to Section 1.18 of the Agreement as in effect prior to the Amendment No. 4 Effective Date. Notwithstanding anything to the contrary in this Agreement, no Incremental Commitment Increase may be requested on or after the Amendment No. 4 Effective Date.