Incremental Term Bank definition

Incremental Term Bank means each Bank that has an Incremental Term Commitment or that is the holder of an Incremental Term Loan.
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Incremental Term Bank means each of the Persons identified as an “Incremental Term Bank” in an Incremental Term Joinder Agreement (so long as such Persons are Banks at the time of execution of such Incremental Term Joinder Agreement or other Persons selected at such time by the Borrower Representative and acceptable to the Administrative Agent (so long as such Persons would be permitted at such time by Section 11.3(b)(v) to become assignees hereunder)), together with their respective successors and assigns.
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Incremental Term Bank means each of the Persons identified as an “Incremental Term Bank” in an Incremental Term Joinder Agreement (so long as such Persons are Banks at the time of execution of such Incremental Term Joinder Agreement or other Persons selected at such time by the Borrower Representative and acceptable to the Administrative Agent (so long as such Persons would be permitted at such time by Section 11.3(b)(v) to become assignees hereunder)), together with their respective successors and assigns. “Incremental Term Commitment” means, as to each Incremental Term Bank providing an Incremental Term Loan with respect to an Incremental Term Facility, the commitment of such Incremental Term Bank to make an Incremental Term Loan with respect to such Incremental Term Facility in an aggregate principal amount outstanding at any time up to such Incremental Term Bank’s Incremental Term Committed Amount for such Incremental Term Facility. “Incremental Term Commitment Percentage” means, with respect to each Incremental Term Bank under an Incremental Term Facility, a fraction (expressed as a percentage) the numerator of which is the Incremental Term Committed Amount of such Incremental Term Bank with respect to such Incremental Term Facility at such time and the denominator of which is the aggregate amount of the Incremental Term Commitments under such Incremental Term Facility at such time. “Incremental Term Committed Amount” means, with respect to each Incremental Term Bank under an Incremental Term Facility at any time, the amount of such Incremental Term Bank’s Incremental Term Commitment under such Incremental Term Facility at such time, as such amount may from time to time be reduced in accordance with the provisions hereof. “Incremental Term Facility” means, at any time, with respect to any Incremental Term Joinder Agreement, the aggregate principal amount of all Incremental Term Loans made by Incremental Term Banks pursuant to such Incremental Term Joinder Agreement that are outstanding at such time. “Incremental Term Facility Termination Date” with respect to any Incremental Term Facility, shall be as set forth in the applicable Incremental Term Joinder Agreement for such Incremental Term Facility. “Incremental Term Joinder Agreement” means a joinder agreement, substantially in the form of Schedule 2.10, or such other form as shall be reasonably approved by the Administrative Agent, executed and delivered in accordance with the provisions of Section 2.10(b). “Incremental T...
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Examples of Incremental Term Bank in a sentence

  • On November 15, 2021, all Increasing Noteholders will fund to Indenture Trustee, funds in an amount, such that, after giving effect to such funding, the unpaid principal balance of the Series 2012-1 Notes owing to each such Increasing Noteholder (stated as a percentage of the Aggregate Series 2012-1 Note Principal Balance) shall be equal to the percentage opposite its name on Schedule II to the Proposed NPA.

  • From and after the First Amendment Effective Date, each First Amendment Incremental Term Bank shall have all the rights of a Bank under the Credit Agreement as if it were an original signatory thereto.

  • From and after the Second Amendment Effective Date, each Second Amendment Incremental Term Bank shall have all the rights of a Bank under the Credit Agreement as if it were an original signatory thereto.

  • Each Second Amendment Incremental Term Bank agrees to be bound by the terms and conditions set forth in the Credit Agreement as if it were an original signatory thereto and hereby confirms that its administrative details are set forth in its Administrative Questionnaire.

  • Each First Amendment Incremental Term Bank agrees to be bound by the terms and conditions set forth in the Credit Agreement as if it were an original signatory thereto and hereby confirms that its administrative details are set forth in its Administrative Questionnaire.

  • Section 3.1. Subject to satisfaction of the conditions precedent contained in Article IV below, each First Amendment Incremental Term Bank hereby severally agrees to provide an Incremental Term Commitment in the amount set forth next to its name on the Incremental Term Commitment Schedule attached as Schedule II hereto, with each such Incremental Term Commitment to be effective as of the First Amendment Effective Date.

Related to Incremental Term Bank

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing Incremental Term Loans made by such Lender, substantially in the form of Exhibit B-2.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.