Incremental Term Loan Commitment definition

Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.
Incremental Term Loan Commitment shall have the meaning assigned to such term in Section 2.20(a).
Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Term Loans to the Borrower.

Examples of Incremental Term Loan Commitment in a sentence

  • The Borrower may invite any Lender, any Affiliate of any Lender and/or any Approved Fund, and/or any other Person reasonably satisfactory to the Administrative Agent, to provide an Incremental Term Loan Commitment (any such Person, an “Incremental Term Loan Lender”).

  • Each Lender’s Fourth Amendment Incremental Term Loan Commitment shall terminate immediately and without further action on the Fourth Amendment Effective Date upon funding of the Fourth Amendment Incremental Term Loans.

  • Any Lender or any Incremental Term Loan Lender offered or approached to provide all or a portion of any Incremental Term Loan Commitment may elect or decline, in its sole discretion, to provide such Incremental Term Loan Commitment.

  • Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that any Incremental Term Loan Commitment shall be effective, which shall be a date not less than ten (10) Business Days after the date on which such notice is delivered to Administrative Agent.


More Definitions of Incremental Term Loan Commitment

Incremental Term Loan Commitment means, for each Lender, any commitment to make Incremental Term Loans provided by such Lender pursuant to Section 2.15 on a given Incremental Term Loan Borrowing Date, in such amount as agreed to by such Lender in the Incremental Term Loan Commitment Agreement delivered pursuant to Section 2.15, as the same may be terminated pursuant to Sections 4.02 and/or 11.
Incremental Term Loan Commitment has the meaning assigned thereto in Section 5.13(a)(i).
Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to Section 2.17, to make Incremental Term Loans to the Borrower.
Incremental Term Loan Commitment as defined in Section 2.4(a).
Incremental Term Loan Commitment means the Commitment of any Lender to make Incremental Term Loans of a particular Class pursuant to Section 2.20(a).
Incremental Term Loan Commitment means the commitment of any Incremental Lender to make an Incremental Term Loan to the Borrower in accordance with Section 2.14, and “Incremental Term Loan Commitments” shall mean the aggregate of the Incremental Term Loan Commitments of each Incremental Lender.
Incremental Term Loan Commitment is defined in clause (b) of Section 2.1.1.