Incremental Term Loan Facility definition

Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).
Incremental Term Loan Facility means each Class of Incremental Term Loans made pursuant to Section 2.14.
Incremental Term Loan Facility means, at any time, the aggregate amount of the Incremental Term Loan LendersIncremental Term Loan Commitments of a given Series at such time.

Examples of Incremental Term Loan Facility in a sentence

  • Insert an additional chart for each Incremental Term Loan Facility added pursuant to Section 2.16 of the Agreement.

  • No Lender shall be required to increase its Revolving Commitment or make term loans under the Incremental Term Loan Facility, as applicable, to facilitate such Incremental Facility.

  • In the case of any increase in the Commitments under any Facility (other than any Incremental Term Loan Facility), the terms applicable to such increased Commitments and the Loans thereunder shall be the same as the terms applicable to the Facility being so increased.

  • If the Revolver Commitments are increased or an Incremental Term Loan Facility is added to this Agreement in accordance with this Section, then Administrative Agent and Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation thereof.

  • Each tranche of Incremental Term Loans will be in an integral multiple of $1.0 million and in an aggregate principal amount that is not less than $15.0 million (or such lesser minimum amount approved by the Administrative Agent in its reasonable discretion); provided that such amount may be less than the applicable minimum amount or integral multiple amount if such amount represents all the remaining availability under the Available Incremental Term Loan Facility Amount.


More Definitions of Incremental Term Loan Facility

Incremental Term Loan Facility means the incremental term loan facility established pursuant to Section 2.8.
Incremental Term Loan Facility as defined in Section 2.28(a).
Incremental Term Loan Facility has the meaning assigned to such term in Section 1.15. Unless otherwise specified herein, each tranche of Incremental Term Loan Commitments or Incremental Term Loans shall constitute a separate Incremental Term Loan Facility.
Incremental Term Loan Facility as defined in the definition of “Facility”.
Incremental Term Loan Facility and the commitments with in respect thereof the “Incremental Term Loan Commitments”) in accordance with the following provisions and subject to the following conditions:
Incremental Term Loan Facility means the secured term loan facility entered into by Company pursuant to the Term Loan Credit Agreement, as amended by that certain First Incremental Facility Amendment, dated as of December 29, 2016, by and among Parent, Deutsche Bank AG New York Branch, as administrative agent, the guarantors party thereto and DT, as the initial incremental term loan lender, and that certain Second Incremental Facility Amendment, dated as of January 25, 2017, by and among Parent, Deutsche Bank, AG New York Branch, as administrative agent, the guarantors party thereto and DT.
Incremental Term Loan Facility means a credit facility comprising a Class of Incremental Term Loan Commitments and Incremental Term Loans, if any.
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