Permitted Incremental Loan Amount

Permitted Incremental Loan Amount. Means Incremental Loans made on the First Incremental Amendment Closing Date in an aggregate principal amount equal to (a) the lesser of (i) 10% of the Borrower's Adjusted Consolidated Net Tangible Assets (as defined in the Indenture as in effect on the First Incremental Amendment Closing Date (as defined below)) determined as of the First Incremental Amendment Closing Date and (ii) $210,000,000, minus (b) the aggregate principal amount of all Loans (other than the First Incremental Loans (as... defined below)) outstanding on the First Incremental Amendment Closing Date. View More