Incremental Facility definition

Incremental Facility has the meaning specified in Section 2.16(a).
Incremental Facility has the meaning assigned to such term in Section 2.20(a).
Incremental Facility as defined in Section 2.1(d).

Examples of Incremental Facility in a sentence

  • On any Incremental Facility Closing Date on which any Revolving Commitment Increase is effected, subject to the satisfaction of the terms and conditions in this Section 2.15, (i) each Incremental Revolving Credit Lender shall make its Revolving Credit Commitment available to the Borrowers and (ii) each Incremental Revolving Credit Lender shall become a Lender hereunder with respect to its portion of the Revolving Commitment Increase.

  • Any Incremental Term Loans effected through the establishment of one or more new Incremental Term Loans made on an Incremental Facility Closing Date shall be designated a separate Class of Incremental Term Loans for all purposes of this Agreement.


More Definitions of Incremental Facility

Incremental Facility shall have the meaning set forth in Section 2.5.
Incremental Facility means the Incremental Commitments and the Incremental Loans made thereunder.
Incremental Facility means an Incremental Revolving Facility or an Incremental Term Facility.
Incremental Facility and “Incremental Facilities”: as defined in Subsection 2.6(a).
Incremental Facility means the Incremental Term Loan Commitments and the Incremental Term Loans made thereunder.
Incremental Facility means (a) any Incremental Term Facility, (b) any Incremental Revolving Credit Facility, (c) the commitments (if any) of Additional Revolving Lenders to make Incremental Revolving Loans in respect of any Revolving Credit Commitment Increase and the Incremental Revolving Loans in respect thereof and/or (d) the commitments (if any) of Additional Term Lenders to make Incremental Term Loans in respect of any Term Commitment Increase and the Incremental Term Loans in respect thereof.