Incremental Commitment Termination Date definition

Incremental Commitment Termination Date means (x) with respect to any Tranche of Incremental Term Loans, the last date by which Incremental Term Loans under such Tranche may be incurred under this Agreement, which date shall be set forth in the respective Incremental Term Loan Commitment Agreement but may be no later than the latest Maturity Date then in effect, and (y) with respect to any Tranche of Incremental Revolving Loan Commitments, the last date such Incremental Revolving Loan Commitments may become effective but may be no later than the latest Maturity Date then in effect.
Incremental Commitment Termination Date means 5:00 p.m. (Boston, Massachusetts time) on the third anniversary of the Effective Date.
Incremental Commitment Termination Date means (x) with respect to any Tranche of Incremental Term Loans, the last date by which Incremental Term Loans under such Tranche may be incurred under this Agreement, which date shall be set forth in the respective Incremental Term Loan Commitment Agreement but may be no later than the latest Maturity Date then in effect, and (y) with respect to any Tranche of Incremental Revolving Loan Commitments, the last date such Incremental Revolving Loan Commitments may become effective but may be no later than the latest Maturity Date then in effect. “Incremental Equivalent Indebtedness” shall have the meaning provided in Section 9.04(xix). “Incremental Loan Commitment Date” shall mean any Incremental Term Loan Borrowing Date or any Incremental Revolving Loan Commitment Date, as the context may require. “Incremental Loan Commitment Request Requirements” shall mean, with respect to any request for an Incremental Term Loan Commitment made pursuant to Section 2.14 or Incremental Revolving Loan Commitment made pursuant to Section 2.15, the satisfaction of each of the following conditions on the date of such request: (i) no Default or Event of Default then exists or would result therefrom and all of the representations and warranties contained herein and in the other Credit Documents are true and correct in all material respects at such time (unless stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date); (ii) Silgan and its Subsidiaries will be in compliance with Sections 9.07 and 9.08 for the Calculation Period most recently ended prior to the date of the request for Incremental Term Loan Commitments or Incremental Revolving Loan Commitments, as the case may be, on a Pro Forma Basis, as if the relevant Loans to be made pursuant to such Incremental Term Loan Commitments or Incremental Revolving Loan Commitments (in each case, assuming the full utilization thereof) had been incurred and after giving effect to the application of the proceeds therefrom (including, without limitation, any Permitted Acquisition which is to be financed with the proceeds of such Loans (as well as other Permitted Acquisitions theretofore consummated after the first day of such Calculation Period) had occurred on the first day of such Calculation Period); and (iii) the respective incurrence of Incremental Term Loans or incurrence of Revolving Loans (assuming full utilization of su...

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).


More Definitions of Incremental Commitment Termination Date

Incremental Commitment Termination Date means December 31, 2002.
Incremental Commitment Termination Date means December 31, 2024 (or such other date agreed between the Tranche B-2 Lenders and Auna) (except that, if such date is not a Business Day, the Incremental Commitment Termination Date shall be the next preceding Business Day).
Incremental Commitment Termination Date means the Revolving Loan Maturity Date.
Incremental Commitment Termination Date means 5:00 p.m. (Boston, Massachusetts time) on January 31, 2001.
Incremental Commitment Termination Date means at any time the latest Maturity Date then in effect.
Incremental Commitment Termination Date appearing in Section 11.01 of the Credit Agreement is hereby amended by deleting the text “Revolving Loan Maturity Date” appearing therein and inserting “Non-Extending Revolving Loan Maturity Date” in lieu thereof.
Incremental Commitment Termination Date. January 31, 2001.