Incremental Term Facility Commitment definition

Incremental Term Facility Commitment means, as to each Incremental Term Facility Lender, its obligation to make Incremental Term Facility Loans to the Borrower pursuant to an amendment or supplement to this Agreement relating to an Incremental Term Facility, in the aggregate principal amount at any time not to exceed the amount set forth in such amendment or supplement.
Incremental Term Facility Commitment means the commitment of any Lender, established pursuant to Section 1.9 of this Agreement, to make additional Term Loans available to the Borrowers after the Restatement Date.
Incremental Term Facility Commitment means a commitment to an Incremental Term Facility.

Examples of Incremental Term Facility Commitment in a sentence

  • Any Loan made or to be made pursuant to an Incremental Term Facility Commitment shall (A) constitute a Loan made pursuant to this Agreement, (B) be deemed advanced under the Term Facility, (C) bear interest and be repaid in accordance with this Agreement applicable to advances made under the Term Facility, without preference or priority, (D) be secured by the Collateral on a pari passu basis, and (E) be subject to all other terms and provisions of this Agreement applicable to Loans and advances thereof.

  • Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Facility Assumption Agreement, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Facility Commitment evidenced thereby.

  • The Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Facility Commitment Agreement and, at such time, Part I of Schedule 1 (Lenders and Commitments) shall be deemed modified to reflect the Incremental Term Facility Commitments of such Incremental Term Facility Lenders.

  • Each Lender will participate through its Facility Office in each Advance made pursuant to Clause 4.1 (Conditions to Utilisation), the relevant Incremental Revolving Facility Commitment Agreement and the relevant Incremental Term Facility Commitment Agreement in its respective Proportion.

  • The Incremental Term Facility Commitment described above shall be part of such Lender’s “Term Facility Commitment Amount” for all purposes of the Loan Agreement and the other Loan Documents, and the Incremental Facility Lender shall be a Lender with respect to such Term Facility Commitment Amount for all purposes of the Loan Agreement and the other Loan Documents.

  • The Incremental Revolving Facility Upfront Fee or Term Facility Upfront Fee shall be due and payable in full on the effective date of such Incremental Revolving Facility Commitment or Incremental Term Facility Commitment (as applicable).

  • Xxxxx Title: Managing Director By: /s/ Xxxxxxxxxxx Xxx Name: Xxxxxxxxxxx Xxx Title: Authorized Signatory By: /s/ Xxxxx Xxxxxxxxxx Name: Xxxxx Xxxxxxxxxx Title: Authorized Signatory Incremental Term Facility Commitment Percentage: 50% By: /s/ Xxxx Xxxxxx Name: Xxxx Xxxxxx Title: Managing Director Incremental Term Facility Commitment Percentage: 50% By: /s/ Xxxxxx X.

  • The Local Union shall select and refer applicants for employment without discrimination against such applicants by reason of membership or non- membership in the Union and such selection and referral shall not be affected in anyway by rules, regulations, by-laws, constitutional provisions or any other aspect or obligation of Union membership policies or requirements.

  • Plausibility does not require probability, but does require something “morethan a sheer possibility that a defendant has acted unlawfully.” Iqbal, 129 S.Ct. at 1949 (citing Twombly, 550 U.S. at 556).

  • Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Facility Assumption Agreement, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Term Loans being made available pursuant to the applicable Incremental Term Facility Commitment evidenced thereby.


More Definitions of Incremental Term Facility Commitment

Incremental Term Facility Commitment means the commitment of any Term Facility Lender, established pursuant to Section 1.8 of this Agreement, to make additional Term Loans available to the Borrowers.
Incremental Term Facility Commitment etc.). 13 Amounts in this column and in the column immediately to the right to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 14 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 15 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. The terms set forth in this Assignment and Assumption are hereby agreed to: By: Title: By: Title: [Consented to and]16 Accepted: BANK OF AMERICA, N.A., as Administrative Agent By: Title: [Consented to:]17 By: Title: 16 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement.
Incremental Term Facility Commitment means a commitment to an Incremental Term Facility. “Incremental Term Facility” has the meaning specified in Section 2.16(a).
Incremental Term Facility Commitment means the commitment of any Lender, established pursuant to Section 1.9 of this Agreement, to make additional Term Loans available to the Borrowers.

Related to Incremental Term Facility Commitment

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

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.