Incremental Term Loan Funding Date definition

Incremental Term Loan Funding Date as defined in Section 2.16(b).
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Incremental Term Loan Funding Date means, with respect to each Tranche of Incremental Term Loans, each date on which Incremental Term Loans of such Tranche are incurred pursuant to Section 2.1A(iv) and as otherwise permitted by Section 2.11.
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Incremental Term Loan Funding Date has the meaning set forth in Section 2.01(a)(ii)(A).
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Examples of Incremental Term Loan Funding Date in a sentence

  • The obligations of the Lenders providing the Incremental Term Loan to make the Incremental Term Loan shall be, in addition to the conditions precedent specified in Section 4.2, subject to prior or concurrent satisfaction of each condition agreed to by the Company, all Lenders providing the Incremental Term Loan and the Administrative Agent in writing prior to the Incremental Term Loan Funding Date.

  • The Incremental Term Loan Commitments under a given Tranche (and the Incremental Term Loan Commitment of each Lender in respect of such Tranche) shall terminate in its entirety on the Incremental Term Loan Funding Date for such Tranche of Incremental Term Loans (after giving effect to the incurrence of the Incremental Term Loans of such Tranche on such date).

  • If the Company shall fail to indicate whether the Incremental Term Loan is to be initially funded as Eurodollar Rate Loans or ABR Loans by 11:00 A.M. (New York, New York time) on the third Business Day prior to the Incremental Term Loan Funding Date, then the full amount of the Incremental Term Loan shall be disbursed on the Incremental Term Loan Funding Date as an ABR Loan.

  • The Incremental Term Loan must be drawn in a single drawing on the Incremental Term Loan Funding Date.

  • After the 2018 Incremental Term Loan Funding Date, the 2018 Incremental Term Loans shall be deemed Term Loans for all purposes of this Agreement.

  • The representations and warranties of or on behalf of the Borrower and each other Loan Party in this Amendment shall be true and correct on and as of the Incremental Term Loan Funding Date.

  • On the terms and subject to the conditions contained in the First Amendment, each Incremental Term Loan Lender severally, but not jointly, agrees to make a loan (each an “Incremental Term Loan”) in Dollars to the Borrower on the Incremental Term Loan Funding Date in an amount not to exceed such Lender’s Incremental Term Loan Commitment.

  • Receipt by the Administrative Agent of payment of all fees, expenses and other amounts due and payable on or prior to the Incremental Term Loan Funding Date in connection with the establishment of the Incremental Term Loan.

  • Delivery by the Borrower of a written notice to the Incremental Term Loan Lender at least one Business Day prior to the requested Incremental Term Loan Funding Date.


More Definitions of Incremental Term Loan Funding Date

Incremental Term Loan Funding Date. Each Lender shall, before 2:00 p.m. (prevailing Eastern time) on the proposed funding date of the Incremental Term Loan make available to the Administrative Agent, in same day funds and in Dollars, such Lender’s ratable portion of the Incremental Term Loan borrowing.
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Incremental Term Loan Funding Date means November 15, 2007.
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Related to Incremental Term Loan Funding Date

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

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

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

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

  • 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 Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing Incremental Term Loans made by such Lender, substantially in the form of Exhibit B-2.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).