Incremental Loan Amendment definition

Incremental Loan Amendment has the meaning specified in Section 2.01(c)(i).
Incremental Loan Amendment means any amendment to this Agreement pursuant to which Incremental Loans of any Series are established pursuant to Section 2.01(c).
Incremental Loan Amendment shall have the meaning assigned to such term in Section 2.19(d).

Examples of Incremental Loan Amendment in a sentence

  • The Incremental Loans made pursuant to the same Incremental Loan Amendment shall be deemed to be a separate series (each a “Series”) of Incremental Loans for all purposes of this Agreement.

  • The Incremental Term Commitments under any Incremental Facility shall terminate effective as of the day after the effective date of the Incremental Loan Amendment relating thereto.

  • The proceeds of any Incremental Loans in any Series shall be used for such purposes as agreed between the Borrower and the Lenders providing such Incremental Loan Commitments for such Series in the applicable Incremental Loan Amendment.

  • Notwithstanding anything to the contrary contained herein, the effectiveness of such Incremental Loan Amendment shall be subject to the satisfaction on the date thereof and, if different, on the date on which the Incremental Loans are made, of each of the conditions set forth in Section 5.03.

  • This Agreement shall constitute an Incremental Loan Amendment and a Loan Document for all purposes of the Credit Agreement and the other Loan Documents.


More Definitions of Incremental Loan Amendment

Incremental Loan Amendment as defined in Section 2.23.
Incremental Loan Amendment has the meaning set forth in Section -------------------------- ------- 2.01(c)(i). ----------
Incremental Loan Amendment means any amendment to this Agreement pursuant to which Incremental Loan Commitments of any Series are established pursuant to Section 2.01(c) hereof.
Incremental Loan Amendment. Incremental Commitment", "Incremental Loans", "Incremental Revolving Credit Loan" and "Incremental Seasonal Revolving Credit Loan" shall have the meanings given to such terms in Section 2.15.
Incremental Loan Amendment as defined in Section 2.1.7. Indemnified Taxes: Taxes other than Excluded Taxes. Indemnitees: Agent Indemnitees, Lender Indemnitees, Issuing Bank Indemnitees and Bank of America Indemnitees. Insolvency Proceeding: any case or proceeding commenced by or against a Person under any state, federal or foreign law for, or any agreement of such Person to, (a) the entry of an order for relief under the Bankruptcy Code, or any other insolvency, debtor relief or debt adjustment law; (b) the appointment of a receiver, trustee, liquidator, administrator, conservator or other custodian for such Person or any part of its Property; or (c) an assignment or trust mortgage for the benefit of creditors.
Incremental Loan Amendment shall have the meaning set forth in Section 2.9.5. Incremental Loans: shall have the meaning set forth in Section 2.9.1. Indemnified Agency Parties: shall have the meaning set forth in Section 13.19. Indemnified Parties: shall have the meaning set forth in Section 11.1. Individual Commitment: means with respect to any Syndication Party the amount shown as its Individual Commitment on Schedule 1 hereto with respect to the Term Facility and/or the Revolving Facility, as applicable, subject to adjustment in the event of the sale of all or a portion of a Syndication Interest in accordance with Section 13.27 hereof, or a reduction in the Commitment in accordance with Section 2.1.32.1.1(c), 2.1.4 or 2.8 hereof, or, if applicable to such Syndication Party, an increase in its Individual Commitment in accordance with Section 2.9 hereof. Individual Lending Capacity: means with respect to any Syndication Party the amount at any time of its Individual Commitment, less its Individual Outstanding Obligations. 11
Incremental Loan Amendment has the meaning assigned to such term in Section 2.20. “Indebtedness” of any Person means, without duplication, (a) all obligations of such Person for borrowed money or with respect to deposits or advances of any kind, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property acquired by such Person, (d) all obligations of such Person in respect of the deferred purchase price of property or services (excluding accounts payable incurred in the ordinary course of business), (e) all Indebtedness of others secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by such Person, whether or not the Indebtedness secured thereby has been assumed, (f) all Guarantees by such Person of Indebtedness, described in the other clauses of this definition, of others, (g) all Capital Lease Obligations of such Person, (h) all obligations, contingent or otherwise, of such Person as an account party in respect of letters of credit and letters of guaranty, (i) all obligations, contingent or otherwise, of such Person in respect of bankers’ acceptances and (j) all obligations of such Person under Sale and Leaseback Transactions. The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is directly liable therefor as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor. Notwithstanding the foregoing, Indebtedness shall not include (i) deferred or prepaid 13 revenue, (ii) earnouts, purchase price adjustments, purchase price holdbacks and similar payments payable in connection with an Acquisition (unless such obligations remain unpaid after the date which is sixty (60) days prior to the date such obligations become due and payable),