Incremental Credit Extensions definition

Incremental Credit Extensions has the meaning specified in Section 2.14(a).
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Examples of Incremental Credit Extensions in a sentence

  • For the avoidance of doubt, neither (i) the Term A-1 Loans made on the Amendment No. 1 Effective Date nor (ii) the Term A-2 Loans made on the Amendment No. 2 Effective Date are Incremental Increases or Incremental Credit Extensions pursuant to this Section 2.14.

  • For the avoidance of doubt, the Additional Term Loans made on the Amendment No. 1 Effective Date are not Incremental Increases or Incremental Credit Extensions pursuant to this Section 2.14.

  • CREDIT FACILITIES 5663 2.1 Loans 5663 2.2 Repayment of Loans 5867 2.3 Prepayments 5867 2.4 Termination or Reduction of Commitments 6373 2.5 Evidence of Indebtedness 6373 2.6 Payments Generally 6474 2.7 Sharing of Payments 6575 2.8 Incremental Credit Extensions 6676 2.9 Refinancing Amendments 6777 2.10 Extension of Term Loans 6878 SECTION 3.

  • Each Loan Party hereby acknowledges its receipt of the Restated Credit Agreement and its review of the terms and conditions thereof and consents to the terms and conditions of this Agreement, the Restated Credit Agreement and the Transactions contemplated hereby and thereby, including the extension of credit to Company in the form of the Incremental Credit Extensions.

  • CREDIT FACILITIES 6266 2.1 Loans 6266 2.2 Repayment of Loans 6672 2.3 Prepayments 6773 2.4 Termination or Reduction of Commitments 7279 2.5 Evidence of Indebtedness 7279 2.6 Payments Generally 7379 2.7 Sharing of Payments 7481 2.8 Incremental Credit Extensions 7581 2.9 Refinancing Amendments 7683 2.10 Extension of Term Loans 7784 SECTION 3.

  • For the avoidance of doubt, the Additional Term Loans made on the Amendment No. 1neither (i) the Term A-1 Loans made on the Amendment No. 1 Effective Date nor (ii) the Term A-2 Loans made on the Amendment No. 2 Effective Date are not Incremental Increases or Incremental Credit Extensions pursuant to this Section 2.14.

  • Each of Administrative Agent, Existing Requisite Lenders, New Lenders and Company consents to the Transactions and each hereby acknowledges and agrees that, notwithstanding anything to the contrary set forth in the Existing Credit Agreement (including subsection 2.1A(iv) thereof), as of the Effective Time, subject to the terms and conditions set forth herein and in the Restated Credit Agreement, Company shall be permitted to incur Incremental Credit Extensions under the Existing Credit Agreement.

  • Each Loan Party hereby acknowledges that it expects to realize substantial direct and indirect benefits as a result of the Transactions and the extension of credit to Company in the form of the Incremental Credit Extensions.

  • New Lenders, Company and Administrative Agent hereby agree that, as of the Effective Time and after giving effect to the Amendment, Incremental Credit Extensions and Pay-Out (at which time New Lenders will be the only Lenders under the Existing Credit Agreement), the Existing Credit Agreement shall be amended and restated in its entirety in the form of the Restated Credit Agreement attached hereto as Exhibit A.

  • CREDIT FACILITIES 74 2.1 Loans 74 2.2 Repayment of Loans 82 2.3 Prepayments 8384 2.4 Termination or Reduction of Commitments 90 2.5 Evidence of Indebtedness 9091 2.6 Payments Generally 91 2.7 Sharing of Payments 92 2.8 Incremental Credit Extensions 93 2.9 Refinancing Amendments 9495 2.10 Extension of Term Loans 95 SECTION 3.

Related to Incremental Credit Extensions

  • 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.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.15(a)(ii).

  • Credit Extensions mean each of the following: (a) a Borrowing and (b) an L/C Credit Extension.