Examples of Incremental Term C Loan in a sentence
Any unpaid principal and interest of the Incremental Facility Loans (other than any Incremental Term C Loans) and any other outstanding Obligations under any of the Incremental Facility Commitments (other than the Incremental Term C Loan Commitment) shall be due and payable in full on the Incremental Facility Maturity Date applicable thereto.
Amounts repaid under the Incremental Term C Loan Commitment may not be reborrowed.
The Lenders that have issued an Incremental Term C Loan Commitment, severally and in accordance with their respective Incremental Term C Commitment Percentages and not jointly, upon the terms and subject to the conditions of this Agreement, agree to lend to the Borrower on the Agreement Date an amount equal to the Incremental Term C Loan Commitment.
After the Agreement Date, Advances under the Incremental Term C Loan Commitment may be continued or converted pursuant to a Notice of Conversion/Continuation as provided in Section 2.2 hereof; provided, however, there shall be no increase in the aggregate principal amount of the Incremental Term C Loans outstanding at any time after the Agreement Date.