Examples of Incremental Term A Facility in a sentence
This Agreement constitutes notice of the Borrower’s request to implement the Incremental Term A Facility and to extend the Revolving Facility Maturity Date in accordance Sections 2.02(g) and 2.17 of the Credit Agreement and the Administrative Agent agrees to such shorter period of notice.
This Agreement shall constitute a “Refinancing Amendment” with respect to the Replacement Term A Loans and the Replacement Revolving Credit Commitments established hereunder, an “Incremental Facility Amendment” with respect to the Incremental Term A Facility and Incremental Revolving Facility established hereunder and a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents.
Each 2023 Incremental Term A Facility Lender has delivered herewith to Borrower and Administrative Agent such forms, certificates or other evidence with respect to United States federal income tax withholding matters as such 2023 Incremental Term A Facility Lender may be required to deliver to Borrower and Administrative Agent pursuant to Section 5.06 of the Credit Agreement.
The Incremental Term A Facility will bear interest initially, at the Borrower’s option, (a) at the Base Rate plus 1.25% per annum; or (b) Adjusted Eurodollar Rate plus 2.25% per annum.
The Borrower and the Administrative Agent hereby agree that from and after the Effective Date, each 2016 Incremental Term A Facility Lender shall be deemed to be, and shall become, a “Lender”, a “Term Lender” and a “Term A Lender” for all purposes of, and with all the rights and remedies of a “Lender”, a “Term Lender” and a “Term A Lender” under, the Credit Agreement and the other Loan Documents.