Examples of Incremental Commitment Termination Date in a sentence
The Aleris Incremental Commitment Termination Date (as defined in the Amended Credit Agreement) shall not have occurred.
The Delayed Draw Incremental Commitment Fee shall accrue at all times from the Second Incremental Amendment Effective Date until the Delayed Draw Incremental Commitment Termination Date, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the last Business Day of the first full fiscal quarter to end following the Second Incremental Amendment Effective Date, and on the Delayed Draw Incremental Commitment Termination Date.
The Ticking Fee shall accrue from and including May 14, 2016 (such date, the “Ticking Start Date”) and ending on the earlier of (x) the Incremental Loan Funding Date and (y) the Incremental Commitment Termination Date (such earlier date, the “Ticking Fee Termination Date”).
The commitment fee with respect to the Incremental-1 Loan Commitments shall accrue at all times prior to the Incremental-1 Commitment Termination Date and shall be due and payable in arrears on the Incremental Commitment Termination Date.
Within such limits, and subject to the other terms and conditions hereof, from time to time prior to the Incremental Commitment Termination Date, the Borrower may borrow Incremental Loans under this SECTION 2.1(b), prepay Incremental Loans pursuant to SECTION 2.6, SECTION 2.7(a) or SECTION 2.7(d), and reborrow Incremental Loans pursuant to this SECTION 2.1(b).