Second Amendment Incremental Term Loans definition

Second Amendment Incremental Term Loans has the meaning assigned to the term “2020 Incremental Term Loans” in the Second Amendment.

Second Amendment Incremental Term Loans as defined in the Second Amendment.

Second Amendment Incremental Term Loans the Incremental Term Loans incurred pursuant to the Second Incremental Facility Amendment.

Examples of Second Amendment Incremental Term Loans in a sentence

• The Second Amendment Incremental Term Loans must be repaid in their entirety, at whichtime a takeout fee ranging from $11,250 to $25,500 shall be due and payable (the “Takeout Fee”).

• The Takeout Fee is inclusive of all interest accruing due and payable with respect to the Second Amendment Incremental Term Loans.

• The interest rate on the Second Amendment Incremental Term Loans is 12.50% and, commencing on September 1, 2020 and on the first day of each of the next four calendar months thereafter, the interest in respect of the Second Amendment Incremental Term Loans shall increase on each such date, on a cumulative basis, by an additional 1.00% per annum (such that, after the fifth such increase, the Base Rate with respect to the Second Amendment Incremental Term Loans shall equal 17.50% per annum).

More Definitions of Second Amendment Incremental Term Loans

Second Amendment Incremental Term Loans means the term loans made by a Second Amendment Incremental Term Lender pursuant to a Second Amendment Incremental Term Commitment.

Second Amendment Incremental Term Loans means the Incremental Term Loans provided pursuant to the Second Amendment. “Secured Hedging Agreement” means any Hedging Agreement that (a) has been entered into by a Loan Party with a Secured Hedging Counterpartyany Person, (b) in the case of a Hedging 57 [[5286738]]

Second Amendment Incremental Term Loans as set forth in that certain Incremental Facility Agreement, dated as of the date hereof (the “Incremental Facility Agreement”), among the Borrower, the Administrative Agent and the Second Amendment Incremental Lenders;

Second Amendment Incremental Term Loans shall constitute a part of the same Tranche of Term Loans as the New Term Loans on the Second Amendment Effective Date after giving effect to the Second Amendment having the same terms as such New Term Loans, except as otherwise specified herein.

Second Amendment Incremental Term Loans and, together with the Second Amendment Replacement Term Loans, collectively, the “Second Amendment Term B Loans”) in aggregate principal amount of $355,000,000;