Incremental Term Loan Commitment Amount definition

Incremental Term Loan Commitment Amount means, on any date, $150,000,000, as such amount may be reduced from time to time pursuant to Section 2.6.
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Incremental Term Loan Commitment Amount means, on any date, $109,750,000.
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Incremental Term Loan Commitment Amount. The Dollar Equivalent of the amounts set forth on Annex I, determined as of the date of funding of the Incremental Term Loan Commitment by the Incremental Lenders; provided, however, that to the extent such aggregate Dollar Equivalent would exceed the then available Incremental Amount, each Dollar Equivalent amount shall be reduced proportionately such that the aggregate Dollar Equivalent shall be reduced to the then available Incremental Amount.
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Examples of Incremental Term Loan Commitment Amount in a sentence

  • No Incremental Loan will be made in any amount which, after giving effect thereto, will cause the Aggregate Converted Amounts to exceed the Aggregate Incremental Term Loan Commitment Amount.

  • The Term Loan of each Bank shall be evidenced by a Term Note payable to the order of such Bank in the principal amount of such Bank’s Term Loan Commitment Amount or Incremental Term Loan Commitment Amount, as applicable.

  • A term loan from each Bank and New Bank (each being a “Term Loan” and, collectively, the “Term Loans”), as applicable, to the Borrowers, jointly and severally, on the Closing Date (or, in the case of an Incremental Term Loan, on the Increase Effective Date for such Incremental Term Loan) in an amount from each Bank and New Bank equal to its Term Loan Commitment Amount or Incremental Term Loan Commitment Amount, as applicable.

  • The Borrower may, by written notice to the Administrative Agent (an "Incremental Request"), request Incremental Term Loan Commitments, denominated in Dollars and/or Pounds Sterling; provided that the Dollar Equivalent (determined, in each case, as of the date of the making of the related Incremental Term Loans) of the aggregate amount of such Incremental Term Loan Commitments does not exceed the Incremental Term Loan Commitment Amount.

  • The Incremental Term Loan Commitment evidenced hereby shall be a commitment to make Other Term Loans to Terex having the following terms and conditions: Incremental Term Loan Commitment Amount: The Dollar Equivalent of €46,625,000.00 determined as of two Business Days prior to the Incremental Term Loan Closing Date; provided, however, that to the extent such Dollar Equivalent would exceed the then available Incremental Amount, it shall be reduced to the then available Incremental Amount.


More Definitions of Incremental Term Loan Commitment Amount

Incremental Term Loan Commitment Amount. With respect to any Bank or New Bank, the amount of such Bank’s or New Bank’s Incremental Term Loan Commitment as established pursuant to Section 2.13(b).
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Incremental Term Loan Commitment Amount means $100,000,000.
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Incremental Term Loan Commitment Amount means the remainder of (x) $125,000,000 minus (y) the aggregate principal amount (or the aggregate face amount if issued at a discount) of all Senior Secured Notes issued from and after the Third Amendment Effective Date (including all such Senior Secured Notes issued on the Third Amendment Effective Date) in excess of $240,231,666.28 (other than Senior Secured Notes described in clause (b) or (c) of the definition thereof).
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Related to Incremental Term Loan Commitment Amount

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $50,000,000 over (b) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.22.

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.