Term Extension Amendment definition

Term Extension Amendment has the meaning specified in Section 2.18(d).
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Examples of Term Extension Amendment in a sentence

  • The Administrative Agent shall promptly notify each Term Lender as to the effectiveness of each Term Extension Amendment and the matters specified therein.

  • Any Extended Term Loans effected pursuant to a Term Extension Request shall be designated a series (each, a “Term Extension Series”) of Extended Term Loans for all purposes of this Agreement; provided that any Extended Term Loans effected from an Existing Term Tranche may, to the extent provided in the applicable Term Extension Amendment, be designated as an increase in any previously established Term Extension Series with respect to such Existing Term Tranche.

  • No conversion of Term Loans pursuant to any Term Extension Amendment in accordance with this Section 2.18 shall constitute a voluntary or mandatory payment or prepayment for purposes of this Agreement.

  • Contract Type and Term: Extension Amendment 2-year term, July 1, 2022 through June 30, 2024 Termination Clause: 90-day without cause termination clause.

  • Notwithstanding the foregoing provisions of this Section 8.04, any Refinancing Amendment, Incremental Amendment, Revolving Extension Amendment and Term Extension Amendment shall be subject only to the consent of the Administrative Agent, Borrower and the applicable Lenders party to such Refinancing Amendment, Incremental Amendment, Extension Amendment or Term Extension Amendment as described in Sections 2.17, 2.18, 2.19 and 2.20, as applicable.

  • Notwithstanding the foregoing, after the establishment of any new Class of Loans pursuant to an Additional Facility Joinder Agreement, a Refinancing Amendment, a Revolving Credit Extension Amendment and/or a Term Extension Amendment, the number of Interest Periods otherwise permitted by this Section 2.02(e) shall increase by three (3) Interest Periods for each applicable Class so established.

  • Section 6-5-115 – Limited Exemption, Ammonia Optimization: The draft amendments also modify the limited exemption under Section 6-5-115 regarding ammonia optimization.

Related to Term Extension Amendment

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Corrective Extension Amendment has the meaning specified in Section 2.16(6).

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

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

  • Extension Agreement means an Extension Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company, the Administrative Agent and one or more Extending Lenders, effecting an Extension Permitted Amendment and such other amendments hereto and to the other Loan Documents as are contemplated by Section 15.1.1.

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • ESG Amendment has the meaning specified in Section 2.18.

  • L/C Amendment Application means an application form for amendment of outstanding Letters of Credit as shall at any time be in use at the Issuing Bank, as the Issuing Bank shall request.

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Refinancing Amendment means an amendment to this Agreement in form and substance reasonably satisfactory to the Administrative Agent and the Borrower executed by each of (a) the Borrower and Holdings, (b) the Administrative Agent and (c) each Additional Lender and Lender that agrees to provide any portion of the Credit Agreement Refinancing Indebtedness being incurred pursuant thereto, in accordance with Section 2.21.

  • 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.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Debt service extension base means an amount equal to that

  • Time Extension shall have the meaning set forth in Clause 10.5;

  • Qualifying Amendment means an amendment or supplement to the Proxy Statement (including by incorporation by reference) to the extent it contains (i) a Change in the Company Recommendation, (ii) a statement of the reasons of the Board of Directors of the Company for making such Change in the Company Recommendation and (iii) additional information reasonably related to the foregoing.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Extension Term means the time period defined in §2.C.

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

  • Incremental Facility has the meaning specified in Section 2.16(a).

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