Shared Fixed Incremental Amount has the meaning set forth in the definition of “Maximum Incremental Facilities Amount”.
Shared Fixed Incremental Amount means the greater of (x) $25,000,000 and (y) 25.0% of Consolidated Adjusted EBITDA for the most recently ended Test Period, less (i) for purposes of Sections 2.21(a) and 6.01(y), the aggregate outstanding principal amount of all Ratio Debt incurred in reliance on the Shared Fixed Incremental Amount or (ii) for purposes of Section 6.01(w), the aggregate outstanding principal amount of all Incremental Facilities and Incremental Equivalent Debt incurred in reliance on the Shared Fixed Incremental Amount.
Shared Fixed Incremental Amount means the greater of (x) $25,000,000 and (y) [__]25.0% of Consolidated Adjusted EBITDA for the most recently ended Test Period, less (i) for purposes of Sections 2.21(a) and 6.01(y), the aggregate outstanding principal amount of all Ratio Debt incurred in reliance on the Shared Fixed Incremental Amount or (ii) for purposes of Section 6.01(w), the aggregate outstanding principal amount of all Incremental Facilities and Incremental Equivalent Debt incurred in reliance on the Shared Fixed Incremental Amount.
More Definitions of Shared Fixed Incremental Amount
Shared Fixed Incremental Amount means, as of any date of determination, (a) $250.0 million minus (b)(i) the aggregate principal amount of all Incremental Term Loan Commitments incurred or issued in reliance on the Shared Fixed Incremental Amount and (ii) the aggregate principal amount of all Incremental Equivalent Debt incurred or issued in reliance on Section 10.01(m) in reliance on the Shared Fixed Incremental Amount.
Shared Fixed Incremental Amount means, as of any date of determination, (a) $1,000.0 million minus (b)(i) the aggregate principal amount of all Incremental Commitments incurred or issued in reliance on the Shared Fixed Incremental Amount and (ii) the aggregate principal amount of all Indebtedness incurred or issued in reliance on Section 10.01(t) in reliance on the Shared Fixed Incremental Amount.
Shared Fixed Incremental Amount means an amount equal to (a) the greater of $125,000,000 and an amount equal to 75.0% of Consolidated Adjusted EBITDA for the most recently ended four consecutive Fiscal Quarters for which financial statements are internally available, minus (b) to the extent issued and/or incurred under this Shared Fixed Incremental Amount, the aggregate principal amount of all Incremental Facilities, Incremental Equivalent Debt, and all First Lien Incremental Equivalent Debt and all “Incremental Facilities” (as defined under the First Lien Credit Agreement or any equivalent term under any documentation governing any First Lien Facilities having a “fixed” incremental basket or cap shared with the Incremental Facilities and Incremental Equivalent Debt), plus (c) the aggregate amount of voluntary prepayments, redemptions, repurchases and other retirements of indebtedness referred to in clause (b) above and any Replacement Loans, Replacement Notes and any equivalent term under the documentation governing any First Lien Facilities, in respect of such Indebtedness referred to in clause (b) above (with, in the case of any revolving facility, a corresponding reduction in commitments) to the extent such prepayments, redemptions, repurchases and other retirements were not funded with Long-Term Funded Indebtedness.
Shared Fixed Incremental Amount in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Shared Fixed Incremental Amount means (a) $85,000,000 less (b)(i) the aggregate principal amount of all Incremental Commitments incurred or issued in reliance on the Shared Fixed Incremental Amount, (ii) the aggregate principal amount of all Indebtedness incurred or issued in reliance on Section 7.03(q)(i)(a) and (iii) the aggregate principal amount of all Incremental Commitments incurred or issued in reliance on the “Shared Fixed Incremental Amount” as defined in the Second Lien Credit Agreement.
Shared Fixed Incremental Amount means the greater of (x) $90,000,000 and (y) 100.0% of Consolidated Adjusted EBITDA for the most recently ended Test Period, less (i) for purposes of Sections 2.21(a) and 6.01(y), the aggregate outstanding principal amount of all Ratio Debt incurred in reliance on the Shared Fixed Incremental Amount or (ii) for purposes of Section 6.01(w), the aggregate outstanding principal amount of all Incremental Facilities and Incremental Equivalent Debt incurred in reliance on the Shared Fixed Incremental Amount; provided, that as of the Third Amendment Closing Date (immediately after giving effect to the funding of the Third Amendment Incremental Term Loans on such date), the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and Ratio Debt incurred in reliance on the Shared Fixed Incremental Amount shall be deemed to be zero.
Shared Fixed Incremental Amount means the greater of (x) $90,000,000 and (y) 100.0% of Consolidated Adjusted EBITDA for the most recently ended Test Period, less (i) for purposes of Sections 6.01(y), the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and Ratio Debt incurred in reliance on the Shared Fixed Incremental Amount or (ii) for purposes of Section 6.01(w), the aggregate outstanding principal amount of all Incremental Facilities and Incremental Equivalent Debt incurred in reliance on the Shared Fixed Incremental Amount.