Term Facility Increase definition

Term Facility Increase has the meaning specified in Section 2.15(a).

Term Facility Increase is defined in Section 2.18(a).

Term Facility Increase shall have the meaning specified in Section 2.1(c).

Examples of Term Facility Increase in a sentence

• The additional Term Loans made pursuant to any Term Facility Increase shall be made by the applicable Lenders participating therein pursuant to the procedures set forth in Section 2.02.

• As of the Term Increase Effective Date, the amortization schedule for the Tranche of Term Loans subject to the Term Facility Increase set forth in Section 2.07(a) (or any other applicable amortization schedule for the relevant Tranche of Term Loans) shall be amended in a writing (which may be executed and delivered solely by the Borrower and the Administrative Agent) to reflect the addition of such Term Facility Increase.

• The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Term Facility Increase Funding Date.

• The Agent shall promptly notify the Company and the Term Lenders of the final allocation of such increase and the Term Facility Increase Effective Date.

• Any Term Facility Increase shall be on the same terms and conditions (including maturity, amortization, interest rate and right of payment, guarantees and collateral) as the Term Facility so being increased.

• The Agent shall promptly notify the Borrower and the Term Lenders of the final allocation of such increase and the Term Facility Increase Effective Date.

• The Administrative Agent shall promptly notify the Administrative Borrower and the Term Lenders of the final allocation of such increase and the Term Facility Increase Effective Date.

• The Administrative Agent may receive commitments from existing Lenders or their Affiliates or Approved Funds and Eligible Assignees (other than any Affiliate of the Borrower) in connection with such Term Facility Increase.

• The Administrative Agent shall promptly notify the Borrower and the Term Lenders of the final allocation of such increase and the Term Facility Increase Effective Date.

• Nothing in this Agreement shall be construed to obligate any Lender to negotiate for (whether or not in good faith), solicit, provide or commit to provide any Term Facility Increase, and any such Term Facility Increase may be subject to changes in any term herein.

More Definitions of Term Facility Increase

Term Facility Increase as defined in Section 2.1.4. Term Facility Increase Lender: as defined in Section 2.1.4. Term Increase Effective Date: as defined in Section 2.1.4. Term Loan: any Initial Term Loan, Incremental Term Loan, Extended Term Loan or other Term Loan under any other Tranche.