Incremental Loan Facility definition

Incremental Loan Facility as defined in the definition of “Facility” in this Section 1.1.

Incremental Loan Facility is defined in Section 1.2 hereof.

Incremental Loan Facility and “Incremental Loan Facilities” shall have the respective meanings assigned thereto in Section 4.14.

Examples of Incremental Loan Facility in a sentence

• The effective date of the Incremental Loan Facility shall be designated by the Borrowers in consultation with the Administrative Agent.

• The principal amount of any Incremental Loan Facility established hereunder shall be as provided in the Incremental Loan Facility Joinder Agreement pursuant to which such loan is established.

• The U.S. Borrower agrees to pay any reasonable expenses of the Administrative Agent relating to any Incremental Loan Facility.

• The proceeds of any Incremental Loan Facility will be used only as provided in Section 2.01(g)(iii) and in the Incremental Facility Amendment.

• Borrower shall repay the aggregate outstanding principal balance of the Incremental Term Loans as provided in the supplement to this Agreement documenting the Incremental Loan Facility.

• Any existing Lender approached to provide all, or a portion, of the Incremental Loan Facility may elect or decline to do so, in its discretion, and no Agent shall have any obligation to arrange all, or a portion, of the Incremental Loan Facility without its prior written agreement.

• The U.S. Xxxxxxxx agrees to pay any reasonable expenses of the Administrative Agent relating to any Incremental Loan Facility.

• The applicable Borrower may invite any Lender, any Affiliate of any Lender and/or any Approved Fund, and/or any other Person reasonably satisfactory to the Administrative Agent, each Issuing Lender (in the case of an Incremental Revolving Commitment) and each Swingline Lender (in the case of an Incremental Revolving Commitment), to provide an Incremental Loan Facility (any such Person, an “Incremental Lender”).

• The proceeds of any Incremental Loan Facility will be used only as provided in Section 2.01(i)(iii) and in the Incremental Facility Amendment.

• If the Incremental Loan Commitments are provided in accordance with this Section 2.01(d), Administrative Agent and Borrowers shall determine the Incremental Loan Effective Date, which date shall be at least 60 days after the Business Day on which Administrative Agent receives the request for the Incremental Loan Facility, and the final allocation of such increase.

More Definitions of Incremental Loan Facility

Incremental Loan Facility means, collectively, all Incremental Loans provided to Borrowers pursuant to the Incremental Loan Agreement in an aggregate, maximum amount of up to $30,000,000. 21029590V.1

Incremental Loan Facility by increasing the Aggregate Revolving Committed Amount, increasing the amount of the Term A Loans or any then-existing Incremental Term Loan Facility (any such increase to the amount of the Term A Loans or to the amount of any then-existing Incremental Term Loan Facility, an “Incremental Add-on Term Loan Facility”, and any loan thereunder, an “Incremental Add-on Term Loan”), or establishing one or more new tranches of term loans (each such tranche, an “Incremental Term Loan Facility”, and any loan thereunder, an “Incremental Term Loan”); provided that with respect to the establishment of any such Incremental Loan Facility: