Conditions Precedent — Incremental Facility

Description

This smart field captures the conditions precedent that must be fulfilled before incremental facilities / increases in commitment are effective. This smart field has not been trained to capture similar provisions regarding refinance / replacement facilities, incremental notes, or incremental equivalent debt. It is recommended that this smart field be used together with the other Incremental Facility smart fields. This smart field was trained on credit, facility, and loan agreements.