Examples of Incremental Term Loan Lenders in a sentence
The applicable Incremental Term Loan Lenders shall make the Incremental Term Loan to the Borrower on the applicable Incremental Term Loan Effective Date in an amount equal to the Incremental Term Loan Commitment of each Incremental Term Loan Lender with respect to such Incremental Term Loan as agreed upon pursuant to subsection (b) above.
The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Term Loan Commitment Agreement and, at such time, Schedule I shall be deemed modified to reflect the Incremental Term Loan Commitments of such Incremental Term Loan Lenders.
Mr. DeAngelo stated that the donation will be in the amount of $5000, with the condition to purchase one additional TV and computer for the cafeteria and to help with the upgrades with the Life Skills students for their residential area, as well as the balance to go towards the playground or the auditorium upgrade.
Such fees shall be payable to each such 2019 Incremental Term Loan Lender out of the proceeds of such 2019 Incremental Term Loan Lender’s 2019 Incremental Term Loan as and when funded on the Amendment No. 2 Effective Date and may be treated (and reported) by the Borrower and 2019 Incremental Term Loan Lenders as a reduction in issue price of the 2019 Incremental Term Loans for U.S. federal, state and local income tax purposes.
The Administrative Agent shall notify the Company and the 2020 Incremental Term Lenders no later than five (5) days after the applicable Recommitment Request Response Date whether the Administrative Agent has received Recommitment Notices from 2020 Incremental Term Loan Lenders holding more than 50% of the outstanding 2020 Incremental Term Loans on the date of the applicable Recommitment Request.