Example ContractsClausesadditional term loansVariants
Additional Term Loans
Additional Term Loans contract clause examples

Incremental Term Loans. Any Incremental Term Loans shall be borrowed pursuant to, and in accordance with [Section 5.13].

Incremental Term Loans. The Borrower shall repay the aggregate outstanding principal amount of each Incremental Term Loan (if any) as determined pursuant to, and in accordance with, [Section 5.13].

“Incremental Term Loan” has the meaning assigned thereto in [Section 5.13(a)(i)].

Incremental Term Loan” means a Loan made by an Incremental Term Lender to the Borrower in accordance with the provisions of [Section 2.21].

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.