Specified Incremental Commitments definition

Specified Incremental Commitments shall, subject to Section 2.01(b), have the meaning assigned to such term in Amendment No. 2. The aggregate amount of the Lenders’ Specified Incremental Commitments on the Amendment No. 2 Effective Date is $500,000,000. The Specified Incremental Commitments shall not reduce the amount available under Section 2.23.
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Specified Incremental Commitments means, with respect to each Specified Incremental Lender, the commitment of such Specified Incremental Lender to make Specified Incremental Loans, established pursuant to Section 2.23 and the Second Amendment and Restatement Agreement, as set forth on the Specified Incremental Commitment Schedule under the caption “Incremental Commitment”. The initial aggregate principal amount of the Incremental Commitments on the Second Restatement Effective Date was $1,615,562,092.25.
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Examples of Specified Incremental Commitments in a sentence

  • Notwithstanding anything to the contrary herein or in any other Loan Document, the Revolving Commitments and the Specified Incremental Commitments shall be treated as a single Class for purposes of determining whether the consent of the Lenders, the Required Lenders, or any other percentage of Lenders required under any Loan Document, has been obtained for purposes of this Agreement and the other Loan Documents.

  • Prior to the Specified Incremental Commitment Availability Date, for purposes of Section 2.07, the Specified Incremental Commitments shall be treated as a separate Class and may be reduced or terminated by the Administrative Borrower from time to time on a non-pro rata basis with the commitments under any other Class.

  • The Specified Incremental Commitments shall automatically terminate upon the making of the Specified Incremental Loans on the Second Restatement Effective Date, and any other Incremental Loan Commitments shall terminate as provided in the related Incremental Loan Assumption Agreement.

Related to Specified Incremental Commitments