Incremental Revolving Credit Commitment Increase definition

Incremental Revolving Credit Commitment Increase shall have the meaning provided in Section 2.14(a).
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Incremental Revolving Credit Commitment Increase shall have the meaning provided in Section 2.14(a)(ii). “Incremental Revolving Credit Commitment Increase Lender” shall have the meaning provided in Section 2.14(f)(ii). “Incremental Term Loan Commitment” shall mean the Commitment of any Lender to make Incremental Term Loans of a particular Class pursuant to Section 2.14(a), which shall include the 2022 Incremental Term Loan Commitments. “Incremental Term Loan Facility” shall mean each Class of Incremental Term Loans made pursuant to Section 2.14, which shall include the 2022 Incremental Term Loan Facility. “Incremental Term Loan Maturity Date” shall mean, with respect to any Class of Incremental Term Loans made pursuant to Section 2.14, the final maturity date thereof. The Incremental Term Loan Maturity Date for the 2022 Incremental Term Loans shall be the 2022 Incremental Term Loan Maturity Date. “Incremental Term Loans” shall have the meaning provided in Section 2.14(a)(i), which shall include the 2022 Incremental Term Loan Loans. “Incremental/Refinancing Maturity Limitation Excluded Amount” shall mean an amount equal to the greater of (x) $55.0 and (y) 50.0% of Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for the Test Period most recently ended on or prior to such date of determination (measured as of such date) based upon the Internal Financial Statements most recently available on or prior to such date minus the sum of (w) the aggregate amount of Indebtedness Incurred pursuant to a Permitted Debt Exchange without regard to clause (w) of the second proviso to Section 2.17(a), (x) the aggregate amount of Incremental Term Loans Incurred without regard to clause (B) or (C) of Section 2.14(c), and (y) the aggregate amount of Credit Agreement Refinancing Indebtedness Incurred without regard to the requirements under clause (ii) of the definition of “Credit Agreement Refinancing Indebtedness” pursuant to subclause (y) of such clause (ii) and (z) the aggregate amount of Permitted Refinancing Indebtedness Incurred without regard to the requirements under clause (C) of the definition of “Permitted Refinancing Indebtedness” pursuant to the proviso to such clause (C). “Incur” shall mean create, issue, assume, guarantee, incur or otherwise become directly or indirectly liable for any Indebtedness; provided, however, that any Indebtedness of a Person existing at the time such Person becomes a Restricted Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed t...
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Incremental Revolving Credit Commitment Increase shall have the meaning provided in Section 2.14(a). “Incremental Revolving Credit Commitment Increase Lender” shall have the meaning provided in Section 2.14(g). “Incremental Term Loan Commitment” shall mean the Commitment of any Lender to make Incremental Term Loans of a particular Class pursuant to Section 2.14(a). “Incremental Term Loan Facility” shall mean each Class of Incremental Term Loans made pursuant to Section 2.14.
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Examples of Incremental Revolving Credit Commitment Increase in a sentence

  • The 2017 Incremental Commitments (including, for the avoidance of doubt, the 2017 Incremental Revolving Credit Commitment Increase) shall terminate on the last day of the Certain Funds Period if the Certain Funds Transactions have not been consummated by such date or the Certain Funds Funding Date has not yet occurred.

  • The Borrower agrees to pay to the Administrative Agent, for the account of each Incremental Revolving Credit Commitment Increase Lender as of the Incremental Facility Closing Date, as fee compensation for such Incremental Revolving Credit Commitment Increase Lender’s commitments hereunder, an amount equal to 0.25% of the aggregate amount of such Incremental Revolving Credit Commitment Increase Lender’s Incremental Commitment.

  • Upon the Incremental Facility Closing Date, the Administrative Agent will record in the Register any Loans made under the Incremental Revolving Credit Commitment Increase contemplated in this Agreement.

  • The Borrower shall, and shall cause each Guarantor to, promptly following a request by the Administrative Agent or any Incremental Revolving Credit Commitment Increase Lender, provide all documentation and other information that the Administrative Agent or such Incremental Revolving Credit Commitment Increase Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Act.

  • Xxxxxx Xxxxxxx Title: Authorized Signatory Schedule 1 Commitment Schedule 2017 Incremental Lender 2017 Incremental Term A-4 Loan Commitment 2017 Incremental Term B-1 Loan Commitment 2017 Incremental Term B-2 Loan Commitment 2017 Incremental Revolving Credit Commitment Increase Xxxxxx Xxxxxxx Senior Funding, Inc.

  • The effectiveness of this Agreement and the Borrower’s receipt of the Incremental Commitments contemplated hereby (subject to the conditions set forth in Section 3 hereof) is subject to the due execution and delivery of this Agreement by the Borrower, the Guarantors and Grantors, the Administrative Agent and the Incremental Revolving Credit Commitment Increase Lenders (the date of satisfaction of such condition, the “Joinder Effective Date”).

  • The 2017 Incremental B-2 Loan Commitments (including, for the avoidance of doubt, the 2017 Incremental Revolving Credit Commitment Increase) shall terminate on the last daydate of the Certain Funds Period if the Certain Funds Transactions have not been consummated by such date or the Certain Funds Funding Date has not yet occurred.applicable to the 2017 Incremental Term B-2 Facility if the 2017 Incremental Term B-2 Loans have not been borrowed as of such date.

  • By its execution of this Agreement, each Incremental Revolving Credit Commitment Increase Lender represents and warrants that it is an Eligible Assignee and insofar as any Incremental Revolving Credit Commitment Increase Lender hereto constitutes an “Additional Lender”, as contemplated in the Credit Agreement, the Administrative Agent hereby provides its consent to such Additional Lender making Incremental Revolving Credit Commitment Increases in accordance with Section 2.14(d) of the Credit Agreement.

  • Xxxxxxx Title: Executive Vice President, Chief Financial Officer and Treasurer [Signature Page to Incremental Revolving Credit Commitment Increase Agreement No. 1] MEDICAL AUDIT & REVIEW SOLUTIONS, INC.

  • Except as set forth in this Agreement, the Incremental Revolving Credit Commitment Increase contemplated in this Agreement and the loans made pursuant thereto shall otherwise be subject to the provisions of the Credit Agreement and the other Credit Documents.

Related to Incremental Revolving Credit Commitment Increase

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Initial Revolving Credit Commitment means, with respect to any Person, the commitment of such Person to make Initial Revolving Loans (and acquire participations in Letters of Credit and Swingline Loans) hereunder as set forth on the Commitment Schedule, or in the Assignment Agreement pursuant to which such Person assumed its Initial Revolving Credit Commitment, as applicable, as the same may be (a) reduced from time to time pursuant to Section 2.09 or 2.19, (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.05 or (c) increased pursuant to Section 2.22. The aggregate amount of the Initial Revolving Credit Commitments as of the Closing Date is $75,000,000.

  • Total Revolving Credit Commitment means the sum of the Revolving Credit Commitments of all the Lenders.

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Extended Revolving Credit Commitments shall have the meaning provided in Section 2.14(g)(ii).

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Refinancing Revolving Credit Commitments has the meaning specified in Section 2.15(a).

  • Revolving Credit Commitment means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.