Incremental Revolving Increase definition

Incremental Revolving Increase has the meaning set forth in Section 2.16(a).
Incremental Revolving Increase has the meaning assigned to such term in Section 2.06(d).
Incremental Revolving Increase as defined in Section 2.14(a).

Examples of Incremental Revolving Increase in a sentence

  • To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent and, in the case of an Incremental Revolving Increase, each L/C Issuer, the Borrower may also invite additional Eligible Assignees to become Lenders pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel (a “New Lender Joinder Agreement”).

  • On each Increase Effective Date on which an Incremental Revolving Increase is effected, promptly following fulfillment of the conditions set forth in Section 2.15(e), the Administrative Agent shall notify the Lenders of the occurrence of such Incremental Revolving Increase and the amount of the Revolving Credit Commitments and the Applicable Percentage of each Revolving Credit Lender as a result thereof.


More Definitions of Incremental Revolving Increase

Incremental Revolving Increase has the meaning assigned to such term is Section 2.20(a).
Incremental Revolving Increase has the meaning specified in Section 11.6.
Incremental Revolving Increase and “Incremental Revolving Increases” shall have the meanings assigned to such terms in Section 2.22(a).
Incremental Revolving Increase as defined in Section 2.23(a). “Incremental Term Loan”: as defined in Section 2.23(a).
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 respect thereto, (iv) Indebtedness of any Parent Entity appearing on the balance sheet of the Borrower solely by reason of push down accounting under GAAP, (v) accrued expenses and royalties...
Incremental Revolving Increase has the meaning assigned to such term in Section 2.17(a). “Incremental Term A Facility” means an Incremental Term Facility in the form of a term loan A facility designated by the Company in writing to the Administrative Agent as an Incremental Term A Facility. “Incremental Term A Commitment” has the meaning assigned to such term in the Restatement Agreement. “Incremental Term A Lender” has the meaning assigned to such term in the Restatement Agreement. “Incremental Term A Loans” has the meaning assigned to such term in the Restatement Agreement. - 30-
Incremental Revolving Increase has the meaning provided in Section 2.01(c). “Incremental Term Loan Facility” has the meaning provided in Section 2.01(c). “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) all direct or contingent obligations under letters of credit (including standby and commercial), bankers’ acceptances and similar instruments (including bank guaranties, surety bonds, comfort letters, keep well agreements and capital maintenance agreements) to the extent such instruments or agreements support financial, rather than performance, obligations; (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 a contingent earn-out obligation until such amount is actually due);