Incremental Term A-1 Commitment definition
Incremental Term A-1 Commitment means, with respect to an Incremental Term A-1 Lender, the commitment of such Incremental Term A-1 Lender to make an Incremental Term A-1 Loan hereunder on the Amendment No. 7 Effective Date, in the amount set forth opposite such Lender’s name on Schedule 1 to Amendment No. 7 and made a part hereof.
Incremental Term A-1 Commitment has the meaning assigned to such term in the Fifth Amendment.
Incremental Term A-1 Commitment has the meaning assigned to such term in the Fifth Amendment. “Incremental Term A-1 Lender” has the meaning assigned to such term in the Fifth Amendment. “Incremental Term A-1 Loans” has the meaning assigned to such term in the Fifth Amendment. “Incremental Term B Facility” means an Incremental Term Facility other than an Incremental Term A Facility. “Incremental Term Facility” has the meaning assigned to such term in Section 2.17(a). “Incremental Term Increase” has the meaning assigned to such term in Section 2.17(a). “Incremental Term Loan Commitment” means any term loan commitment under an Incremental Term Facility. “Incremental Term Loans” means any term loans made under an Incremental Term Facility. “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 of such Person arising under letters of credit, bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (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, in each case, maturing within 365 days after the incurrence thereof which are not overdue for a period of more than 180 days and, if overdue for more than 180 days, as to which a dispute exists and adequate reserves in accordance with GAAP have been established on the books of such Person and (ii) deferred compensation payable to directors, officers or employees); provided, that in no event shall Specified Earnout Obligations be considered Indebtedness; (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), whether or not such indebtedness shall have been assumed by such Person (but limited, in the event that such Indebtedness has not been assumed by such - 32-
Examples of Incremental Term A-1 Commitment in a sentence
The aggregate amount of the Term A-1 Commitments as of the Fifth Amendment Effective Date is $900,000,000 and (x) the Additional Term A-1 Commitment of each Additional Term A-1 Lender as of the Fifth Amendment Effective Date is set forth on Schedule I to the Fifth Amendment and (y) the Incremental Term A-1 Commitment of each Incremental Term A-1 Lender as of the Fifth Amendment Effective Date is set forth on Schedule I to the Fifth Amendment.
More Definitions of Incremental Term A-1 Commitment
Incremental Term A-1 Commitment means, as to each Incremental Term A-1 Lender, the obligation of such Person to make an Incremental Term A-1 Loan to the U.S. Borrower on the Amendment No. 4 Effective Date in the principal amount set forth opposite such Person’s name on Schedule 1 to Amendment No. 4. Such Incremental Term A-1 Commitments shall terminate on the Amendment No. 4 Effective Date immediately following the funding of the Incremental Term A-1 Loans. The initial aggregate amount of the Incremental Term A-1 Lenders’ Incremental Term A-1 Commitments is $375,000,000. For the avoidance of doubt, the Incremental Term A-1 Commitments constitute the Amendment No. 4 Incremental Term A-1 Commitments.