Incremental Revolving Facility definition

Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

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Incremental Revolving Facility has the meaning set forth in Section 2.14(a).

Incremental Revolving Facility as defined in Section 2.24(a).

Examples of Incremental Revolving Facility in a sentence

Each party hereto hereby agrees that, upon the effectiveness of any Incremental Assumption Agreement, this Agreement and any other Loan Documents shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Revolving Facility Commitments evidenced thereby as provided for in Section 9.08(e).
Each such Borrowing Request shall be irrevocable (other than in the case of any Borrowing Request given in respect of Incremental Revolving Facility Commitments, which may be conditioned as provided in the applicable Incremental Assumption Agreement).
For purposes of this Agreement and the other Loan Documents, such Extending Lender will be deemed to have an Incremental Revolving Facility Commitment having the terms of such Extended Revolving Facility Commitment.
Any such extension (an “Extension”) agreed to between the Borrower and any such Lender (an “Extending Lender”) will be established under this Agreement by implementing an Incremental Revolving Facility Commitment for such Lender if such Lender is extending an existing Revolving Facility Commitment (such extended Revolving Facility Commitment, an “Extended Revolving Facility Commitment” and any Revolving Facility Loans made thereunder, “Extended Revolving Loans”).

More Definitions of Incremental Revolving Facility

Incremental Revolving Facility means any Class of Incremental Revolving Facility Commitments and the Incremental Revolving Loans made thereunder.

Incremental Revolving Facility shall have the meaning provided in Section 2.18(a).

Incremental Revolving Facility means an incremental portion of the Revolving Commitments established hereunder pursuant to an Incremental Facility Amendment providing for Incremental Revolving Commitments.

Incremental Revolving Facility has the meaning provided in Section 2.01(f).

Incremental Revolving Facility as defined in the definition of “Facility”.

Incremental Revolving Facility as defined in Section 3.16.

Incremental Revolving Facility has the meaning assigned to such term in Section 2.18(a), together with any Incremental Revolving Increase thereof, and the extensions of credit thereunder. “Incremental Revolving Increase” has the meaning assigned to such term in Section 2.18(a). “Incremental Term Commitment” means a commitment in respect of Incremental Term Loans. “Incremental Term Facility” means each and any facility comprised of Incremental Term Commitments and related Incremental Term Loans created pursuant to an Incremental Facility Amendment, together with any refinancing thereof. “Incremental Term Loan” has the meaning assigned to such term in Section 2.18(a). “Indebtedness” of any Person means, without duplication, (a) all obligations of such Person for borrowed money, (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 and unpaid purchase price of property or services (excluding trade accounts payable in the ordinary course of business and 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 60 days after being due and payable), (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 of others (other than by endorsement of negotiable instruments for collection in the ordinary course of business), (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 and (i) all obligations, contingent or otherwise, of such Person in respect of bankers’ acceptances; provided that the term “Indebtedness” shall not include (i) deferred or prepaid revenue, (ii) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty or other unperformed obligations of the seller, (iii) any obligations attributable to the exercise of appraisal rights and the settlement of any claims or actions (whether actual, contingent or potential) with ...