Second Lien Incremental Facility definition

Second Lien Incremental Facility has the meaning assigned to the termIncremental Facility” in the Second Lien Credit Agreement.
Second Lien Incremental Facility means an “Incremental Facility” and any “Incremental Equivalent Debt” (or, in each case, any similar term) as defined in the Initial Second Lien Document or any similar terms in any other Second Lien Financing Document.
Second Lien Incremental Facility any facility established pursuant to the terms of any [Incremental Amendment] (as defined in any Second Lien Document) and any [“Incremental Equivalent Debt”] as defined in any Second Lien Document.

Examples of Second Lien Incremental Facility in a sentence

  • Royal Bank is pleased to advise you of its commitment to provide 60% of the Second Lien Incremental Term Loan Facility and DBNY is pleased to advise you of its commitment to provide 40% of the Second Lien Incremental Term Loan Facility, in each case, upon the terms described in the Second Lien Incremental Facility Term Sheet, and subject solely to the Specified Conditions (defined below).


More Definitions of Second Lien Incremental Facility

Second Lien Incremental Facility. Incremental Facility” as defined in the Second Lien Credit Agreement as in effect on the date hereof, and any modification, replacement, refinancing, refunding, renewal or extension thereof permitted hereunder.

Related to Second Lien Incremental Facility