Incremental Revolving Commitments definition

Incremental Revolving Commitments has the meaning specified in Section 2.14(a).
Incremental Revolving Commitments as defined in Section 2.25(a).
Incremental Revolving Commitments as defined in Subsection 2.8(a).

Examples of Incremental Revolving Commitments in a sentence

  • The effectiveness of any Incremental Facility Amendment shall be subject to the satisfaction on the date thereof of each of the conditions set forth above and such other conditions as requested by the Lenders under the Incremental Term Facility and/or Incremental Revolving Commitments, as applicable, established in connection therewith.

  • Neither any Incremental Facility Amendment, nor any such amendments to the other Loan Documents or such other new Loan Documents, shall be required to be executed or approved by any Lender, other than the Lenders providing such Incremental Term Loans and/or Incremental Revolving Commitments, as applicable, and the Administrative Agent, in order to be effective.

  • The Borrower may also specify any fees offered to those Lenders (the “Increasing Lenders”) that agree to incur Incremental Revolving Commitments and make Incremental Revolving Loans pursuant thereto, which fees may be variable based upon the amount by which any such Lender is willing to incur Incremental Revolving Commitment and make Incremental Revolving Loans pursuant thereto.


More Definitions of Incremental Revolving Commitments

Incremental Revolving Commitments shall have the meaning assigned to such term in Section 2.21.
Incremental Revolving Commitments shall have the meaning set forth in Section 2.16.
Incremental Revolving Commitments means Incremental Existing Tranche Revolving Commitments and New Revolving Commitments.
Incremental Revolving Commitments has the meaning specified in ‎Section 2.14(a). “Incremental Revolving Lender” has the meaning specified in ‎Section 2.14(e). “Incurrence Based Amounts” has the meaning specified in ‎Section 1.09(b). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount (after giving effect to any prior drawings or reductions which may have been reimbursed) of all letters of credit (including standby and commercial), banker’s acceptances, bank guaranties, surety bonds, performance bonds and similar instruments issued or created by or for the account of such Person; (c) net obligations of such Person under any Swap Contract; (d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) trade accounts payable in the ordinary course of business and (ii) any earn-out obligation until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and if not paid within thirty (30) days after becoming due and payable); (e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements and mortgage, industrial revenue bond, industrial development bond and similar financings), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; (f) all Attributable Indebtedness; (g) all obligations of such Person in respect of Disqualified Equity Interests; and (h) all Guarantee Obligations of such Person in respect of any of the foregoing. For all purposes hereof, the Indebtedness of any Person shall (A) include the Indebtedness of any partnership or joint venture (other than a joint venture that is itself a corporation, company, or limited liability company) in which such Person is a general 50 #95488248v20
Incremental Revolving Commitments means the revolving commitments in respect of any Incremental Revolving Facility.
Incremental Revolving Commitments means such commitments of all Lenders in the aggregate.
Incremental Revolving Commitments any increased Revolving Commitments established pursuant to Section 2.24(a).