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, 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.

Examples of Incremental Term Loan Commitment in a sentence

  • Subject to the terms and conditions set forth herein, on any Incremental Facility Closing Date on which any Incremental Term Loan Commitments of any Class are effected pursuant to Section 2.16, (i) each Lender of such Class severally agrees to make its portion of a term loan (each, an “Incremental Term Loan”) to the Borrower in Dollars or any other Agreed Currency an amount equal to such Lender’s Incremental Term Loan Commitment with respect to such Incremental Term Loan.


More Definitions of Incremental Term Loan Commitment

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 2.20, to make Incremental Term Loans to the Borrower.
Incremental Term Loan Commitment as defined in Section 2.4(a).
Incremental Term Loan Commitment means, as to any Lender at any time, the amount initially set forth opposite its name in any Incremental Term Loan Funding Agreement with respect to any Tranche of the Incremental Term Loan Facility, as such Commitment is thereafter assigned or modified and “Incremental Term Loan Commitments” means the aggregate Incremental Term Loan Commitments of all of the Lenders with respect to all Tranches of the Incremental Term Loan Facility.
Incremental Term Loan Commitment means, for each Lender, the commitment of such Lender to make a portion of any Incremental Term Loan; provided that, at any time after funding of such Incremental Term Loan determinations of “Required Lenders” shall be based on the outstanding principal amount of such Incremental Term Loan.
Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to Section 2.24, to make Incremental Term Loans to the Borrower.
Incremental Term Loan Commitment has the meaning specified in Section 2.01(c).