New Incremental Term Loans definition

New Incremental Term Loans as defined in Section 2.25.
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New Incremental Term Loans means an Incremental Term Loan made pursuant to the New Incremental Term Loan Commitment pursuant to Section 2.01(c).
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New Incremental Term Loans shall have the meaning specified in Section 2.1(c).
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Examples of New Incremental Term Loans in a sentence

  • Any Affiliated Lender that has committed to providing New Incremental Term Loans or Refinancing Loans shall be subject to the same restrictions set forth in Section 11.2(j) (Assignments and Participations) as they would otherwise be subject to with respect to any purchase by or assignment to such Affiliated Lender of Loans.

  • In addition, the issue price of the Term Loans (including the modified Initial Term Loans) shall be determined based on the amount of cash paid for the New Incremental Term Loans in accordance with Section 1.1273-2(a)(1) of the Treasury Regulations.

  • New Incremental Term Loans created pursuant to this Section 2.19 shall become effective on the date agreed by the Company, the Administrative Agent and the relevant Increasing Lenders or Augmenting Lenders and the Administrative Agent shall notify each Lender thereof.

  • New Incremental Term Loans borrowed and prepaid or repaid may not be reborrowed.

  • This Agreement shall be a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents and, to the extent it relates to the making of New Incremental Term Loans, an “Incremental Assumption Agreement” for all purposes of the Credit Agreement and the other Loan Documents.

  • Other than as set forth in the Amended Credit Agreement, the New Incremental Term Loans shall have terms and provisions identical to those applicable to the 2022 Incremental Term B-2 Loans after giving effect to this Amendment.

  • Upon the funding of the New Term Loans and the New Incremental Term Loans, the Administrative Agent will record the New Term Loans and the New Incremental Term Loans as being of the same “Class,” each Tranche 2 Term Loans.

  • Amounts paid or prepaid in respect of the New Incremental Term Loans may not be reborrowed.

  • The New Term Loans and the New Incremental Term Loans shall be assigned the same CUSIP.

  • Except as may be expressly set forth in this Amendment or the Amended Credit Agreement, the New Incremental Term Loans shall have identical terms as the New Term Loans and shall otherwise be subject to the provisions, including any provisions restricting the rights, or regarding the obligations, of the Loan Parties or any provisions regarding the rights of the Lenders, of the Amended Credit Agreement and the other Loan Documents.