Incremental Term Commitment definition

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 Commitment has the meaning specified in Section 2.14(a).

Incremental Term Commitment means the commitment of the Additional Term Lenders to make Incremental Term Loans pursuant to Section 2.18.

Examples of Incremental Term Commitment in a sentence

• Each Lender having an Incremental Term Commitment hereby agrees, severally and not jointly, on the terms and subject to the conditions set forth herein and in the applicable Incremental Amendment and, subject to the terms of Section 2.26, in reliance on the representations and warranties set forth herein, to make Incremental Term Loans to Borrower, as specified in the applicable Incremental Amendment, in an aggregate principal amount not to exceed its Incremental Term Commitment.

• Except for Loans deemed made pursuant to Section 2.02(c), the Loans comprising any Borrowing shall be in an aggregate principal amount that is (i) an integral multiple of $100,000 and not less than $500,000 (except, with respect to any Incremental Term Commitment, to the extent otherwise provided in the related Incremental Amendment) or (ii) equal to the remaining available balance of the applicable Commitments.

More Definitions of Incremental Term Commitment

Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant to an Incremental Facility Amendment and Section 2.22, 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 Commitment means, with respect to any Incremental Term Facility, as to each Incremental Term Lender under such Incremental Term Facility, its obligation to make an Incremental Term Loan under such Incremental Term Facility.

Incremental Term Commitment means the commitment of any Lender or Eligible Assignee who is or subsequently becomes a Lender pursuant to an Incremental Term Assumption Agreement to make Incremental Term Loans to a Borrower.

Incremental Term Commitment has the meaning assigned to such term in Section 2.19(y).

Incremental Term Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make an Incremental Term Loan under any Incremental Facility Amendment with respect thereto, expressed as an amount representing the maximum principal amount of the Incremental Term Loans to be made by such Lender under such Incremental Facility Amendment, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04.

Incremental Term Commitment means, as to each Incremental Term Loan Lender in respect of an Incremental Term Facility, its obligation to make Incremental Term Loans to the Borrower pursuant to the applicable Incremental Term Facility Supplement and Section 2.01(c) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 1 to such Incremental Term Facility Supplement under the caption “Incremental Term Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be increased pursuant to Section 2.15 hereof or as such amount may be otherwise adjusted from time to time in accordance with this Agreement.

Incremental Term Commitment means the commitment of any Lender, established pursuant to Section 2.18, to make Incremental Term Loans to the Borrowers.