Second Amendment Incremental Term Lender definition

Second Amendment Incremental Term Lender has the meaning assigned to the term “2020 Incremental Term Loan Lender” in the Second Amendment.
Sample 1Sample 2Sample 3
Second Amendment Incremental Term Lender means the New Term Lender, as defined in the Second Amendment.
Sample 1

Examples of Second Amendment Incremental Term Lender in a sentence

  • In connection with any prepayment or repayment of the principal amount of the Second Amendment Incremental Term Loans, whether voluntary or mandatory, at maturity, by acceleration or otherwise, the Borrower hereby agrees to pay to each Second Amendment Incremental Term Lender the applicable Takeout Fee.

  • Upon the making of an Initial Term Loan by the Second Amendment Incremental Term Lender pursuant to Section 2(a) of the Second Amendment, the Initial Term Commitment of the Second Amendment Incremental Term Lender shall be automatically and permanently reduced in an amount equal to such Initial Term Loan.

  • The provisions of this Section II, including the Second Amendment Incremental Term Loan Commitments and the obligation of each Second Amendment Incremental Term Lender to make its Second Amendment Incremental Term Loans, shall become effective on the Second Amendment Effective Date.

  • For purposes of the Credit Agreement, the initial notice address of each Second Amendment Incremental Term Lender, to the extent not already set forth in the Existing Credit Agreement or in any Assignment, shall be as set forth below its signature below.

  • Upon the making of Initial Term Loans by the Initial Term Lenders (other than the Second Amendment Incremental Term Lender) pursuant to Section 2.01, the Initial Term Commitments of such Initial Term Lenders were reduced to $0.

Related to Second Amendment Incremental Term Lender

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

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

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

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

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

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

  • 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.

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

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

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

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

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit P (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.15.

  • New Term Lender a Lender that has a New Term Loan.

  • 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.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • 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 Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).