Incremental Term Facility Closing Date definition

Incremental Term Facility Closing Date has the meaning assigned to such term in Section 2.20(b).
Incremental Term Facility Closing Date means any Business Day designated as such in an Incremental Term Facility Activation Notice.
Incremental Term Facility Closing Date means in respect of an Incremental Term Facility any date on which all of the conditions to funding of the Incremental Term Loans under such Incremental Term Facility are satisfied and the applicable Lenders advance Incremental Term Loans.

Examples of Incremental Term Facility Closing Date in a sentence

  • Subject to the terms and conditions set forth herein, each Incremental Term Loan Lender under the relevant Incremental Term Facility severally agrees to make a single loan in Dollars consisting of an Incremental Term Loan pursuant to such Incremental Term Facility in an amount equal to its Pro Rata Share of such Incremental Term Facility to the Borrower on the applicable Incremental Term Facility Closing Date.

  • If the Borrower requests a Term Commitment Increase in respect of the Term A Facility in accordance with the provisions of Section 2.15, then subject to the terms and conditions set forth herein, each Term A Lender agreeing to provide an additional Term A Loan in accordance with the provisions of Section 2.15, shall make a single loan in an amount equal to its committed amount in respect of such additional Term A Loans to the Borrower on the applicable Incremental Term Facility Closing Date.

  • If the Effective Date and the Incremental Term Facility Closing Date do not occur on or prior to the Termination Date, the Incremental Term Commitments hereunder shall automatically terminate.

  • In the case of any extension of credit made on an Increased Revolving Commitment Closing Date or Incremental Term Facility Closing Date, the Administrative Agent shall have received such customary documents and information as it may reasonably request.

  • If the Borrower requests a Term Commitment Increase in respect of the Term B Facility in accordance with the provisions of Section 2.15, then subject to the terms and conditions set forth herein, each Term B Lender agreeing to provide an additional Term B Loan in accordance with the provisions of Section 2.15, shall make a single loan in an amount equal to its committed amount in respect of such additional Term B Loans to the Borrower on the applicable Incremental Term Facility Closing Date.


More Definitions of Incremental Term Facility Closing Date

Incremental Term Facility Closing Date has the meaning specified in Section 2.14(b)(iii).
Incremental Term Facility Closing Date has the meaning assigned to such term in Section 2.20(b)(iii) and, for the avoidance of doubt, shall include the Amendment No. 1 Effective Date, Amendment No. 2 Effective Date, Amendment No. 3 Effective Date and Amendment No. 4 Effective Date.
Incremental Term Facility Closing Date any Business Day designated as such in an Incremental Term Facility Activation Notice.
Incremental Term Facility Closing Date means any Business Day designated as such in an Incremental Term Facility ActivationNotice.
Incremental Term Facility Closing Date of the condition set forth in Section 4.02(a) (it being understood that all references to “the date of such Borrowing” in Section 4.02(a) shall be deemed to refer to the Incremental Revolving Facility Closing Date) and such conditions may, in the case such Incremental Term Facility Amendment is being entered into in connection with a permitted Business Acquisition or similar Investment, be limited to the Specified Representations and, to the extent reasonably requested by the Administrative Agent, the Lenders and/or the Additional Term Lenders of such Commitments, receipt of legal opinions, board resolutions, officers’ certificates, amendments to Security Documents and/or reaffirmation agreements consistent with those delivered on the Effective Date under Section 4.01 (other than changes to such legal opinions resulting from a change in law, change in fact or change to counsel’s form of opinion reasonably satisfactory to the Administrative Agent and the Additional Term Lenders).
Incremental Term Facility Closing Date. Loan Documents”, “Maturity Date”, “Restricted Payment”, “Term Borrowing”, “Term Commitment”, “Term Commitment Increase Availability”, “Term Facilities”, “Term Loan” and “Term Note” to read, respectively, as follows:
Incremental Term Facility Closing Date means any Business Day designated as such in an Incremental Term Facility Activation Notice. “Incremental Term Lenders” means (a) on any Incremental Term Facility Activation Date relating to Incremental Term Loans, the Lenderssignatory to the relevant Incremental Term Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.