Incremental Term Facilities definition

Incremental Term Facilities has the meaning specified in Section 2.16(a).

Incremental Term Facilities has the meaning assigned to that term in Section 2.13(a).

Incremental Term Facilities as defined in Section 2.24(a).

Examples of Incremental Term Facilities in a sentence

• The Borrower may approach any Lender or any other third party bank or financial institution to provide all or a portion of the Incremental Term Facilities; provided that (i) no Lender will be required to provide such Incremental Term Facility and (ii) any entity providing all or a portion of a Incremental Term Loan Facility shall be consented to by the Administrative Agent, such consent not to be unreasonably withheld or delayed.

• Any publication resulting from work under this Agreement shall include an acknowledgement of support from City in the following terms, "This material is based upon work supported by the “City of Waukee.” A copy of all publications generated from work under this Agreement will be provided to the City.

• Notwithstanding anything to the contrary herein, (i) the aggregate principal amount of all Incremental Term Facilities and all Incremental Equivalent Debt shall not exceed $1,000,000,000 and (ii) the aggregate amount of all Incremental Revolving Facilities shall not exceed $200,000,000; provided that any Incremental Revolving Facility shall be effectuated as an increase of the Revolving Facility.

• Incremental Term Facilities may be provided, subject to the prior written consent of the Borrower (not to be unreasonably withheld), by any existing Lender (it being understood that no existing Lender shall have any right to participate in any Incremental Term Facility or, unless it agrees, be obligated to provide any Incremental Term Facilities) or by any Additional Term Lender.

• Type and Amount: A seven-year term loan B facility (the “Term B Facility”) in the amount of $1,115 million (the loans thereunder, the “Term B Loans”; together with term loans under the Incremental Term Facilities, the “Term Loans”).

• For the avoidance of doubt, the Intercreditor Agreement will permit, among other things, (a) additional indebtedness permitted to be incurred pursuant to Incremental Term Facilities and any Incremental Equivalent Debt, (b) additional indebtedness under the ABL Facility permitted to be incurred pursuant to the any incremental facility provisions thereunder and (c) refinancing indebtedness permitted thereunder in respect of any of the foregoing.

• There are no participating rights or entitlements inherent in the Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the Options without exercising the Options.

• For the avoidance of doubt, the assumption of the Escrow Term Loans on the Escrow Assumption Date shall not be deemed an incurrence of Incremental Revolving Facilities or Incremental Term Facilities pursuant to this Section 2.18.

• The Borrower will use the proceeds of the Incremental Term Facilities for any purpose not prohibited by this Agreement.

• For purposes of clarification, the Borrower’s option to request one or more additional Incremental Term Facilities pursuant to this Section 2.16 shall be reinstated and remain available to the Borrower upon the termination or repayment of any established Incremental Term Facilities, provided that after giving effect thereto the Aggregate Commitments do not exceed the maximum amount set forth above at any time.

More Definitions of Incremental Term Facilities

Incremental Term Facilities has the meaning set forth in Section 2.20(a).

Incremental Term Facilities means all of the forgoing collectively then existing.

Incremental Term Facilities has the meaning specified in Section 2.16(a). “Incremental Term Loan Commitment” means the commitment of a Lender to make or otherwise fund an Incremental Term Loan and “Incremental Term Loan Commitments” means such commitments of all Lenders in the aggregate. “Incremental Term Loan Exposure” means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Incremental Term Loans of such Lender; provided, at any time prior to the making of the Incremental Term Loans, the Incremental Term Loan Exposure of any Lender shall be equal to such Lender’s Incremental Term Loan Commitment. “Incremental Term Loans” has the meaning specified in Section 2.16(a). “Indebtedness” means, with respect to any Person, without duplication, (a) any indebtedness (including principal or premium) of such Person in respect of borrowed money; any indebtedness evidenced by bonds, notes, debentures, loan agreements or similar instruments; letters of credit and banker’s acceptances (or, without double counting, reimbursement agreements in respect thereof); Capitalized Lease Obligations; the balance deferred and unpaid of the purchase price of any property to the extent the same would be required to be shown as a liability on the balance sheet of such Person prepared in accordance with GAAP; (b) (i) to the extent not otherwise included, any Guarantee by such Person of the obligations of the type referred to in clause (a) of another Person (whether or not such items would appear upon the balance sheet of such obligor or guarantor), other than by endorsement of negotiable instruments for collection in the ordinary course of business and (ii) to the extent not otherwise included, the obligations of the type referred to in clause (a) of another Person secured by a Lien on any property owned by such Person, whether or not such obligations are assumed by

Incremental Term Facilities means the Incremental Tranche A Term Facility and the Incremental Tranche B Term Facility.

Incremental Term Facilities as defined in Section 2.8(a).

Incremental Term Facilities as defined in Section 2.24(a). “Incremental Term Loans” as defined in Section 2.24(a).