Examples of Incremental Term A Loan Commitment in a sentence
Nothing contained in this Section 2.08 shall constitute, or otherwise be deemed to be, a commitment on the part of any Lender to increase its Commitment or make an Incremental Term A Loan Commitment hereunder at any time.
Subject to the terms and conditions set forth herein and in the Fifth Amendment, and in accordance with the Fifth Amendment (and without duplication thereof), each Incremental Term A Lender party to the Fifth Amendment with an Incremental Term A Loan Commitment severally agrees to make its portion of the Incremental Term A Loan to the Company in Dollars on the Fifth Amendment Effective Date in an amount not to exceed such Xxxxxx’s Incremental Term A Loan Commitment.
Subject to the terms and conditions set forth herein and in the Fifth Amendment, and in accordance with the Fifth Amendment (and without duplication thereof), each Incremental Term A Lender party to the Fifth Amendment with an Incremental Term A Loan Commitment severally agrees to make its portion of the Incremental Term A Loan to the Company in Dollars on the Fifth Amendment Effective Date in an amount not to exceed such Lender’s Incremental Term A Loan Commitment.
The notion of propriety rights in respect of abstract things that are far from being property per se, is the major preoccupation of intellectual property.
Each Loan Party, Administrative Agent, Required Lenders and each Lender with an Incremental Term A Loan Commitment or Increased Revolving Commitment shall have executed and delivered to Administrative Agent this Amendment.
To the extent requested by any Lender with an Incremental Term A Loan Commitment, such Lender shall have received a new Note reflecting each such Lender’s outstanding Term Loans, as applicable, after giving effect to this Amendment.
Administrative Agent has received (a) this Amendment duly executed by each Loan Party, Administrative Agent, each Lender and each Lender with an Incremental Term A Loan Commitment and (b) a joinder to the Guaranty and Collateral Agreement duly executed by the Target, Acquisition Holdings and the Borrower Representative; provided that such joinder shall only be effective with respect to the Target immediately following the Acquisition.
Each Lender with an Incremental Term A Loan Commitment as of the Incremental Amendment Effective Date, agrees to make an additional term loan to Borrower (each such loan, an “Incremental Term A Loan” and together with the Existing Term A Loans, the “Term A Loans”) on the Incremental Amendment Effective Date in an amount equal to such Lender’s applicable Incremental Term A Loan Commitment.
The Incremental Term A Loan Commitment provided hereunder shall terminate on the Incremental Amendment Effective Date immediately upon the borrowing of the Incremental Term A Loans.
The aggregate amount of the Amendment No. 2 Date Incremental Term A Loan Commitment and the Delayed Draw Term A Loan Commitments on the Amendment No. 2 Closing Date is $187,500,000 and $400,000,000, respectively.