Sixth Amendment Incremental Term Loans definition

Sixth Amendment Incremental Term Loans as defined in the Sixth Amendment. 50
View Source
Sixth Amendment Incremental Term Loans means, collectively, the amounts advanced by the Sixth Amendment Incremental Term Lenders to the Borrowers under the Sixth Amendment Incremental Term Loan Commitment on the Sixth Amendment Effective Date.
View Source
Sixth Amendment Incremental Term Loans and, together with the Sixth Amendment Replacement Term Loans, collectively, the “Sixth Amendment Term Loans”) in an aggregate principal amount not to exceed such Sixth Amendment Incremental Term Lender’s Sixth Amendment Incremental Term B Commitment (as defined below);
View Source

Examples of Sixth Amendment Incremental Term Loans in a sentence

  • The proceeds of the Sixth Amendment Incremental Term Loans made on the Sixth Amendment Effective Date shall be applied by the Borrower for general corporate purposes, including, without limitation, to finance acquisitions permitted under this Agreement and the working capital needs of the Borrower and its Subsidiaries in the ordinary course of business.

  • The proceeds of the Sixth Amendment Incremental Term Loans shall be used to finance a portion of the Sixth Amendment Transactions and/or for general corporate purposes (including Permitted Acquisitions, other Investments permitted by this Agreement and other uses not prohibited by this Agreement).

  • Notwithstanding anything in the Credit Agreement to the contrary, the initial Eurodollar Loan Period with respect to Sixth Amendment Incremental Term Loans shall commence on the Effective Date and end on the date(s) necessary (as NY\6293685.6 determined by the Term Facility Administrative Agent) to ensure that all such Sixth Amendment Incremental Term Loans are included in each Eurodollar Loan Period applicable to the outstanding Term Loans on a pro rata basis.

  • In connection with this Sixth Amendment, the Interest Periods applicable to the Fourth Amendment Replacement Term Loans shall be reset as necessary to cause the Interest Periods applicable to the Fourth Amendment Replacement Term Loans to be identical to the Interest Periods applicable to the Sixth Amendment Incremental Term Loans funded on the Sixth Amendment Effective Date.

  • The Term Facility Administrative Agent is hereby authorized to take all actions as may be reasonably necessary to ensure that all such Sixth Amendment Incremental Term Loans are included in each Eurodollar Loan Period applicable to the outstanding Term Loans on a pro rata basis and the Administrative Agent shall be authorized to ▇▇▇▇ the Register accordingly to reflect the amendments and adjustments set forth herein.

  • Each such Borrowing of Sixth Amendment Incremental Term Loans shall be added to (and made a part of) the related Borrowing of Sixth Amendment Replacement Term Loans.


More Definitions of Sixth Amendment Incremental Term Loans

Sixth Amendment Incremental Term Loans means the term loans made by the Lenders on the Sixth Amendment Effective Date to the Borrower pursuant to Section 2.1(a)(v); it being understood that except as set forth in the Sixth Amendment and in this Agreement, the Sixth Amendment Incremental Term Loans shall be of the same Class as the Fourth Amendment Replacement Term Loans, shall have identical terms as the Fourth Amendment Replacement 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 this Agreement and the other Loan Documents.
View Source