Common use of Incremental Term Commitments Clause in Contracts

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing Date, by notice to the Administrative Agent (an “Incremental Request”), request one or more new commitments which may be in the same Facility as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 4 contracts

Sources: Second Lien Credit Agreement (Global Eagle Entertainment Inc.), Second Lien Credit Agreement (Global Eagle Entertainment Inc.), Second Lien Credit Agreement (Jason Industries, Inc.)

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing Date, by notice to the Administrative Agent (an “Incremental Term Loan Request”), request indicate that it has obtained or is requesting one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans Loan (a “Term Loan Increase”) or a new Class of term loans under this Agreement Term Loans (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy of such Incremental Term Loan Request to each of the Lenders.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement (Concordia International Corp.), Credit and Guaranty Agreement

Incremental Term Commitments. The Borrower Borrowers may at any time or from time to time after the Closing Date, by notice to the Administrative Agent (an “Incremental Loan Request”), request one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.)

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing Restatement Effective Date, by notice to the Administrative Agent (an “Incremental Loan Request”), request one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Michaels Companies, Inc.), Credit Agreement (Michaels Stores Inc)

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing RestatementFourth Amendment Effective Date, by notice to the Administrative Agent (an “Incremental Loan Request”), request one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Michaels Companies, Inc.)

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing Date, by notice to the Administrative Agent (an “Incremental Term Loan Request”), request one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 1 contract

Sources: Second Lien Credit Agreement (TransFirst Inc.)

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing Date, by notice to the Administrative Agent (an “Incremental Term Loan Request”), request one or more new commitments which may be in the same Facility as any outstanding Term Loans of an existing Class of Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (DJO Finance LLC)

Incremental Term Commitments. The Borrower Borrowers may at any time or from time to time after the Closing Date, by notice to the Administrative Agent (an “Incremental Loan Request”), request one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term 90 Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (Sally Beauty Holdings, Inc.)

Incremental Term Commitments. The Borrower may at any time or from time to time after the Closing Date, by notice from the Borrower to the Administrative Agent (an “Incremental Term Loan Request”), request one or more new commitments which may be in of the same Facility Class as any outstanding Term Loans (a “Term Loan Increase”) or a new Class of term loans Term Loans under this Agreement (collectively with any Term Loan Increase, the “Incremental Term Commitments”), whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders.

Appears in 1 contract

Sources: Credit Agreement (New Fortress Energy Inc.)