Incremental Starter Amount definition

Incremental Starter Amount has the meaning assigned to such term in Section 2.01(c).
Incremental Starter Amount has the meaning assigned to such term in the definition ofIncremental Facility Amount”.
Incremental Starter Amount has the meaning assigned thereto in Section 5.13(a).

More Definitions of Incremental Starter Amount

Incremental Starter Amount means, as of any date of determination, (i) the greater of (x) $410,000,000 and (y) Consolidated EBITDA of the Parent Borrower as of the end of the most recent Test Period minus (ii) the aggregate principal amount of all Incremental Facilities incurred pursuant to Section 1.12(a)(ii)(A) and Incremental Equivalent Debt incurred pursuant to Section 5.5(t)(ii)(A). “Incremental Term A Loans” shall have the meaning assigned to such term in Section 1.12(a). “Incremental Term B Loans” shall have the meaning assigned to such term in Section 1.12(a). “Incremental Term Loan Commitment” means the Commitment of any Lender to make Incremental Term Loans of a particular class pursuant to Section 1.12(a).
Incremental Starter Amount means, as of the date of determination, an amount equal to $85,000,000 (less the principal amount (or, as applicable, committed principal amount) of all Incremental Facilities, all Incremental Equivalent Debt and all Ratio Indebtedness, in any such case, that was incurred under the foregoing fixed amount prior to the applicable date of incurrence).
Incremental Starter Amount has the meaning specified in Section 2.14(a). “Incremental Term Loans” has the meaning specified in Section 2.14(a).
Incremental Starter Amount means (a) from the Closing Date to but excluding the earliest date of the delivery of financial statements pursuant to Section 6.01(1) or Section 6.01(2) demonstrating that the Total Net Leverage Ratio, as of the last day of the applicable Test Period, corresponds to one of the levels set forth in the table below (each such level, an “Incremental Starter Step-Up Level”, and such date of delivery, the “Initial Incremental Starter Step-Up Date”), $0 and (b) from and after the Initial Incremental Starter Step-Up Date, the dollar amount set forth opposite such Incremental Starter Step-Up Level in the table below; provided that if, at any time after the Initial Incremental Starter Step-Up Date, financial statements shall be delivered pursuant to Section 6.01(1) or Section 6.01(2) demonstrating that the Total Net Leverage Ratio, as of the last day of the applicable Test Period, corresponds to an Incremental Starter Step-Up Level that is higher than the Incremental Starter Step-Up Level in effect immediately prior to such delivery (each date of such delivery, an “Additional Incremental Starter Step-Up Date”; each of the Initial Incremental Starter Step-Up Date and each Additional Incremental Starter Step-Up Date, an “Incremental Starter Step-Up Date”), then the Incremental Starter Amount shall immediately and automatically be increased to the dollar amount set forth opposite such higher Incremental Starter Step-Up Level; provided, further, that, for the avoidance of doubt, in no event shall the Incremental Starter Amount be decreased after any Incremental Starter Step-Up Date. Incremental Starter Step-Up Level Total Net Leverage Ratio Incremental Starter Amount 1 <7.00:1.00 and >6.75:1.00 $45 million 2 <6.75:1.00 and >6.50:1.00 $90 million 3 <6.50:1.00 and >6.25:1.00 $135 million 4 <6.25:1.00 $180 million
Incremental Starter Amount means, as of any date of determination, (i) the greater of (x) $410,000,000 and (y) Consolidated EBITDA of the Parent Borrower as of the end of the most recent Test Period minus (ii) the aggregate principal amount of all Incremental Facilities incurred pursuant to Section 1.12(a)(ii)(A) and Incremental Equivalent Debt incurred pursuant to Section 5.5(t)(ii)(A).
Incremental Starter Amount has the meaning assigned to such term in the definition ofIncremental Cap”.
Incremental Starter Amount means the Aggregate Starter Amount less any amounts incurred under (x) the Ratio Starter Amount and (y) the Incremental Equivalent Starter Amount.