Increase. (a) The Company may by giving prior notice to the Agent by no later than the date falling 20 Business Days after the effective date of a cancellation of:
(i) the Available Commitments of a Defaulting Lender in accordance with Clause 9.5 (Right of cancellation in relation to a Defaulting Lender); or
(ii) the Commitments of a Lender in accordance with Clause 9.1 (Illegality), request that the Total Commitments be increased (and the Total Commitments shall be so increased) in an aggregate Base Currency Amount of up to the amount of the Available Commitments or Commitments so cancelled as follows:
(iii) the increased Commitments will be assumed by one or more Lenders or other banks, financial institutions, trusts, funds or other entities (each an “Increase Lender”) selected by the Company (each of which shall not be an Investor Affiliate or a member of the Group) and which is further acceptable to the Agent (acting reasonably) and each of which confirms its willingness to assume and does assume all the obligations of a Lender corresponding to that part of the increased Commitments which it is to assume, as if it had been an Original Lender;
(iv) each of the Obligors and any Increase Lender shall assume obligations towards one another and/or acquire rights against one another as the Obligors and the Increase Lender would have assumed and/or acquired had the Increase Lender been an Original Lender;
(v) each Increase Lender shall become a Party as a “Lender” and any Increase Lender and each of the other Finance Parties shall assume obligations towards one another and acquire rights against one another as that Increase Lender and those Finance Parties would have assumed and/or acquired had the Increase Lender been an Original Lender;
(vi) the Commitments of the other Lenders shall continue in full force and effect; and
(vii) any increase in the Total Commitments shall take effect on the date specified by the Company in the notice referred to above or any later date on which the conditions set out in paragraph (b) below are satisfied.
(b) An increase in the Total Commitments will only be effective on:
(i) the execution by the Agent of an Increase Confirmation from the relevant Increase Lender;
(ii) in relation to an Increase Lender which is not a Lender immediately prior to the relevant increase:
(A) the Increase Lender entering into the documentation required for it to accede as a party to the Intercreditor Agreement; and
(B) the performance by the Agent of all ne...
Increase. In addition, Executive shall receive an amount equal to 1/12 of the greater of: • The projected incentive compensation plan awards for the year in which termination of employment occurs; or • The incentive compensation plan awards to the Executive for the most recently ended plan year, for each full or partial month in the current plan year prior to the month of Executive’s termination of employment.
Increase. The increases to the fixed time deposit shall be allowed under the conditions that THE BANK establishes at its entire discretion, the maximum allowed by THE BANK.
Increase amend Clause 2 (Facilities) to provide for the ability to increase Commitments under a Facility by increasing a Lender’s Commitments with that Lender’s consent or by including new Commitments of any bank, financial institution, trust, fund or any other entity selected by the Company, including (but without limitation) the ability to increase the Commitments in an amount equal to the amount of any commitments cancelled as a result of (i) illegality, or (ii) Commitments cancelled as a result of the relevant Lender becoming a defaulting lender. Amend to permit the Company to pay a fee to any increase Lender.
Increase. (a) The Company may by giving at least three Business Days’ prior notice to the Agent by no later than the date falling 20 Business Days after the effective date of a cancellation of:
(i) the Available Commitments of a Defaulting Lender in accordance with paragraph (d) of Clause 9.6 (
Increase. 50% of CPI over 12 months ending previous September 30, up to maximum CPI increase of 6%
Increase. Provided there exists no Default and the Consolidated Leverage Ratio is less than 4.50 (measured as of the most recent date upon which a Compliance Certificate was delivered pursuant to Section 6.04(a)(v)), upon notice to the Administrative Agent, the Company may from time to time after the Closing Date, increase the Aggregate Commitments by an amount (for all such requests) not exceeding $50,000,000 such that the maximum amount of the Aggregate Commitments shall at no time exceed $250,000,000; provided that any such increase shall be in a minimum amount of $10,000,000 and in a whole multiple of $5,000,000 in excess thereof.
Increase. Step 1: eligible teachers meeting the factor qualification(s) will receive a salary increase as follows Factor Increase Percentage Increase Evaluation $915 57% Experience $700 43% Step 2: eligible teachers meeting the factor qualification(s) will receive an increase to the Step 1 salary amount as follows: Factor Increase Percentage Increase Evaluation 1.75% 58% Experience 1.25% 42%
Increase. The Base Salary may be increased on each February 1 of the Term, beginning February 1, 1997, at the discretion of the board of directors of Holding.
Increase. Notwithstanding the full day rate, a substitute teacher who works less than a full day and who works the morning session only shall be paid $118.65 plus two percent (2%) in lieu of benefits $2.37 for a total of $121.02.
