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 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.

Examples of Incremental Loan Facility in a sentence

  • In connection with the establishment of any Incremental Loan Facility, (A) neither of the Lead Arrangers or the Administrative Agent hereunder shall have any obligation to arrange for or assist in arranging for any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.

  • In connection with the establishment of any Incremental Loan Facility, (A) neither of the Lead Arrangers hereunder shall have any obligation to arrange for or assist in arranging for any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.

  • In 1987, in an effort to improve access to and delivery of services for people with mental illness, Texas created what is today referred to as the Texas Correctional Office on Offenders with Medical or Mental Impairments (TCOOMMI).

  • 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.

  • In connection with the establishment of any Incremental Loan Facility, (A) none of the Lead Arrangers hereunder shall have any obligation to arrange for or assist in arranging for any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.

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

  • 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.

  • In connection with the establishment of any Incremental Loan Facility, (A) none of the Lead Arrangers or the Administrative Agent shall have any obligation to arrange for or assist in arranging any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.

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

  • Each such notice shall specify the date (each, an “Increased Amount Date”) on which the applicable Borrower proposes that any Incremental Loan Facility shall be effective, which shall be a date not less than thirty (30) days after the date on which such notice is delivered to Administrative Agent.


More Definitions of Incremental Loan Facility

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

Related to Incremental Loan Facility

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).