Incremental Term Loan Commitments definition

Incremental Term Loan Commitments has the meaning set forth in Section 2.24.
Incremental Term Loan Commitments as defined in Subsection 2.8(a).
Incremental Term Loan Commitments means such commitments of all Lenders in the aggregate.

Examples of Incremental Term Loan Commitments in a sentence

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

  • Each such notice shall specify the date (an “Increased Amount Date”) on which the Borrower proposes that the Incremental Term Loan Commitments shall be effective, which shall be a date not less than 30 days after the date on which such notice is delivered to the Agent.

  • The aggregate amount of the Incremental Term Loan Commitments made with respect to each new Incremental Term Loan Facility or for any additional Incremental Term Loan Advances under any existing Incremental Term Loan Facility shall be, in each case, at least $50,000,000.

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

  • The terms and provisions of any Incremental Term Loan Commitments and any Incremental Term Loans shall provide that the maturity date of any Incremental Term Loan shall be no earlier than the Revolving Maturity Date (but may have scheduled amortization payments prior to such date).


More Definitions of Incremental Term Loan Commitments

Incremental Term Loan Commitments is defined in Section 1.15(a) hereof.
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 Commitments as to any Lender, the obligation of such Lender, if any, to make an Incremental Term Loan to the Borrower in a principal amount not to exceed the amount set forth in the applicable Incremental Amendment governing such Incremental Term Loan.
Incremental Term Loan Commitments means the Incremental Term A Loan Commitments and the New Term Loan Commitments.
Incremental Term Loan Commitments and/or “Revolving Commitment Increase” (as such terms are defined in the Bank of America Credit Agreement as in effect on the Restatement Effective Date) funded pursuant to Section 2.01(d) of the Bank of America Credit Agreement as in effect on the Restatement Effective Date without waiver of any requirements thereof (and any Permitted Refinancing Indebtedness with respect thereto) and (iii) any Indebtedness under “Secured Hedge Agreements” and “Secured Cash Management Agreements” under, and as defined in, the Bank of America Credit Agreement; (t) Incremental Equivalent Debt in an aggregate principal amount measured at the time of incurrence not to exceed the then remaining Incremental Amount; (u) any Refinancing Debt Securities and any Permitted Refinancing Indebtedness in respect of the foregoing; (v) Indebtedness under tri-party guarantee agreements (guaranteeing Indebtedness of third-party suppliers) in an aggregate principal amount outstanding at any one time not to exceed the greater of (i) $375,000,000 and (ii) 25.0% of Consolidated EBITDA for the most recently ended Test Period; (w) any Indebtedness among Restricted Subsidiaries arising under a declaration of joint and several liability (hoofdelijke aansprakelijkheid) pursuant to Section 2:403 of the Dutch Civil Code issued by a Subsidiary incorporated in the Netherlands and any residual liability with respect to such declaration arising under Section 2:404 of the Dutch Civil Code; and (x) any Indebtedness arising as a result of (the establishment of) a fiscal unity (fiscale eenheid) for Dutch corporate income tax purposes or Dutch value added tax only between Restricted Subsidiaries located in the Netherlands. The accrual of interest, the accretion of accreted value, the payment of interest in the form of additional Indebtedness, the payment of dividends on Disqualified Equity Interests in the form of additional shares of Disqualified Equity Interests, accretion or amortization of original issue discount or liquidation preferences and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the applicable amount of any Indebtedness will not be deemed to be an incurrence of Indebtedness for purposes of this Section 8.01. The principal amount of any non-interest bearing Indebtedness or other discount security constituting Indebtedness at any date shall be the principal amount thereof that would be shown on a consolidated balance sheet of the Borrower dated such date ...
Incremental Term Loan Commitments means, collectively, the Increase Term Loan Commitments and the New Term Loan Commitments.
Incremental Term Loan Commitments has the meaning specified in Section 2.11. “Incremental Term Loan Exposure” shall mean, with respect to any Lender, as of any date of determination, the sum of (a) such Lender’s undrawn Incremental Term Loan Commitment and (b) the aggregate outstanding principal amount of the Incremental Term Loans of such Lender. “Incremental Term Loan Lender” has the meaning specified in Section 2.11. “Incremental Term Loans” has the meaning specified in Section 2.11. “Indebtedness” shall mean all indebtedness and liabilities (including without limitation principal, interest (including without limitation interest accruing at the then applicable rate provided in this Agreement or any other applicable Loan Document after an applicable maturity date and interest accruing at the then applicable rate provided in this Agreement or any other applicable Loan Document after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Credit Parties whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), fees, prepayment premiums (including the Yield Maintenance Premium and the Prepayment Premium), expenses, indemnification and other charges) arising under this Agreement or any of the other Loan Documents, whether direct or indirect, absolute or contingent, of any Credit Party to any of the Lenders or Affiliates thereof or to the Agent, in any manner and at any time, whether arising under this Agreement, the Guaranty or any of the other Loan Documents due or hereafter to become due, now owing or that may hereafter be incurred by any Credit Party to any of the Lenders or Affiliates thereof or to the