Incremental Revolving Loan Commitment definition

Incremental Revolving Loan Commitment shall have the meaning assigned to such term in Section 2.20(a).
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Incremental Revolving Loan Commitment means the commitment of any Lender, established pursuant to subsection 2.10, to make Incremental Revolving Loans to Company.
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Incremental Revolving Loan Commitment is defined in Section 2.6(a)(ii).
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Examples of Incremental Revolving Loan Commitment in a sentence

  • Each Incremental Term Loan Commitment, Incremental Revolving Loan Commitment and/or Incremental Equivalent Indebtedness shall be in a minimum principal amount of not less than $5,000,000 or any whole multiple of $500,000 in excess thereof (provided that such principal amount may be less than $5,000,000 if such amount represents all remaining availability under the aggregate limit in respect of the Incremental Facilities and/or Incremental Equivalent Indebtedness set forth above).

  • The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Revolving Loan Commitment Agreement and, at such time, Schedule I shall be deemed modified to reflect the Incremental Revolving Loan Commitments of such Incremental Revolving Lenders.

  • It is understood and agreed that the Incremental Revolving Loan Commitments provided by an Incremental Revolving Lender or Incremental Revolving Lenders, as the case may be, pursuant to each Incremental Revolving Loan Commitment Agreement shall constitute part of, and be added to, the Total Revolving Loan Commitment and each Incremental Revolving Lender shall constitute a Revolving Lender for all purposes of this Agreement and each other applicable Credit Document.

  • For the avoidance of doubt, an Incremental Revolving Loan Commitment shall become a “Revolving Loan Commitment” (or in the case of an Incremental Revolving Loan Commitment to be provided by an existing Revolving Loan Lender, an increase in such Lender’s Revolving Loan Commitment) under this Agreement, in any such case, pursuant to a “Commitment and Acceptance” substantially in the form of Exhibit I (a “Commitment and Acceptance”).

  • Any Note evidencing a May 2022 Incremental Revolving Loan Commitment shall be in form and substance similar to Exhibit D-2 to the Credit Agreement.


More Definitions of Incremental Revolving Loan Commitment

Incremental Revolving Loan Commitment means, for each Incremental RL Lender, any commitment by such Incremental RL Lender to make Revolving Loans pursuant to Section 1.01(a) as agreed to by such Incremental RL Lender in the respective Incremental Revolving Loan Commitment Agreement delivered pursuant to Section 1.19; it being understood, however, that on each date upon which an Incremental Revolving Loan Commitment of any Incremental RL Lender becomes effective, such Incremental Revolving Loan Commitment of such Incremental RL Lender shall be added to (and thereafter become a part of) the Revolving Loan Commitment of such Incremental RL Lender for all purposes of this Agreement as contemplated by Section 1.19.
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Incremental Revolving Loan Commitment. See §6.18.1.
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Incremental Revolving Loan Commitment. 1.1(e)(i) “Incremental Term Loan” 1.1(e)(i)
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Incremental Revolving Loan Commitment means any additional Revolving Loan Commitment provided pursuant to subsection 2.9.
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Incremental Revolving Loan Commitment as to any Lender under an Incremental Revolving Loan Facility, its commitment to make Incremental Revolving Loans to the Company pursuant to subsection 7.1, in an aggregate amount not to exceed at any time the amount set forth opposite such Lender’s name in the applicable Incremental Facility Activation Notice and in an aggregate amount not to exceed at any time the amount equal to such Lender’s Incremental Revolving Loan Commitment Percentage of the aggregate Incremental Revolving Loan Commitments under such Incremental Revolving Loan Facility, as the aggregate Incremental Revolving Loan Commitments under such Incremental Revolving Loan Facility may be reduced or adjusted from time to time pursuant to this Agreement; collectively, as to all the Lenders under such Incremental Revolving Loan Facility, the “Incremental Revolving Loan Commitments”.
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Incremental Revolving Loan Commitment as defined in Section 2.24.
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Incremental Revolving Loan Commitment has the meaning assigned thereto in Section 2.7(A).
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