Temporary Increase. Upon the satisfaction of the conditions precedent set forth in Section 2.16(c), each of the Maximum Commitment and the Commitment of the Initial Lender will be increased based on the amount of the Temporary Increase immediately prior to the Temporary Increase Effective Date; provided that the Initial Lender’s Commitment (x) shall be reduced by any additional or new Commitments obtained from existing or additional Lenders, as applicable, prior to the Temporary Increase Maturity Date and (y) shall automatically be reduced to $325,000,000 on the Temporary Increase Maturity Date.
Temporary Increase. Seller may request a temporary increase of the Aggregate Transaction Limit (a “Temporary Increase”) by submitting to Buyer an executed request for Temporary Increase in the form of Exhibit L hereto (a “Request for Temporary Increase”), setting forth the requested increased Aggregate Transaction Limit, the effective date and time of such Temporary Increase and the date and time on which such Temporary Increase shall terminate. Buyer may from time to time, in its sole and absolute discretion, consent to such Temporary Increase, which consent shall be in writing as evidenced by Buyer’s delivery to Seller of a countersigned Request for Temporary Increase. At any time that a Temporary Increase is in effect (and only for such time as such Temporary Increase is in effect), the Aggregate Transaction Limit shall be increased by the amount of the Temporary Increase for all purposes of this Agreement and all calculations and provisions relating to the Aggregate Transaction Limit shall refer to such increased amount.
13.2 deleting Exhibit L thereto it in its entirety and replacing it with Exhibit 1 hereof.
Temporary Increase. As of the "Effective Date" (as defined below), the Aggregate Commitment shall be increased from $_____________ to $_____________ by an increase in the Increasing Lender's Commitment from $_____________ to $_____________. Upon the Effective Date, after giving effect to such increase, the Lenders' respective Commitment Percentages shall be shown on revised Schedule "1" attached to this Amendment. Such increase shall end on _____________ (the "Reduction Date"). Upon the Reduction Date, the Increasing Lender's Commitment shall be reduced by $_____________ to the amount in effect immediately prior to the Effective Date. After giving effect to such reduction and subject to any intervening changes in the Aggregate Commitment and the Lenders' respective Commitment Percentages shall be returned to the percentages in effect immediately prior to the Effective Date.
Temporary Increase. A class is temporarily increased by the department chair above a recommended and approved cap by no more than ten (10) students or twenty percent (20%), whichever is less. When department chairs make decisions regarding temporary increases in class size, they will take into account a variety of factors, which may include the nature of the class, the physical facilities available, the concerns of the instructor, and the needs of students. For one or more of these reasons, a chair who finds it necessary to temporarily increase a class size may decide to increase it by less than the maximum temporary increase provided herein, for example, for certain classes, an increase of more than three students might be found unfeasible.
Temporary Increase. The Existing Master Repurchase Agreement is hereby amended by:
14.1 deleting Section 3(l) in its entirety and replacing it with the following:
Temporary Increase. If the date of determination is during the period from and including August 15, 2007 to and including October 31, 2007, $25,000,000; provided, however, that:
(i) if the Borrower delivers a Borrowing Base Certificate at any time after October 1, 2007 which shows that the Borrowing Availability, as calculated in accordance with such Borrowing Base Certificate, is equal to or greater than $25,000,000 but calculating the Borrowing Base on a pro forma basis without giving effect to this clause (f), then effective as of the date of the delivery of such Borrowing Base Certificate, the Borrower may, by written notice to the Administrative Agent, exclude the amount available under this clause (f) from the Borrowing Base; and
(ii) this clause (f) shall be included when determining the Borrowing Base for all purposes under this Agreement, including when determining Borrowing Availability, Average Borrowing Base Capacity and the Borrowing Base; plus
Temporary Increase. If the date of determination is during the period from and including August 15 to and including October 31 during any fiscal year of the Borrower, the Temporary Increase Amount; provided, however, that:
(i) if the Borrower delivers a Borrowing Base Certificate at any time after October 1 of such fiscal year of the Borrower which shows that the Borrowing Availability, as calculated in accordance with such Borrowing Base Certificate, is equal to or greater than the Temporary Increase Amount but calculating the Borrowing Base on a pro forma basis without giving effect to this clause (f), then effective as of the date of the delivery of such Borrowing Base Certificate, the Borrower may, by written notice to the Administrative Agent, exclude the amount available under this clause (f) from the Borrowing Base; and
(ii) this clause (f) shall be included when determining the Borrowing Base for all purposes under this Agreement, including when determining Borrowing Availability, Average Borrowing Base Capacity, Borrowing Base Capacity and the Borrowing Base;
Temporary Increase. Section 2.1 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
Temporary Increase. Notwithstanding anything to the contrary contained in that certain Temporary Increase Letter dated April 3, 2001 by and among the Company and BofA, in its capacity as a Lender and acknowledged and agreed to by the Administrative Agent (the "Temporary Increase Letter"), the parties hereto hereby agree that upon the addition of any Applicant Financial Institution as a Lender in accordance with the Credit Agreement any time prior to June 5, 2001, the temporary increase in BofA's Maximum Commitment provided for by the Temporary Increase Letter shall immediately terminate and that each Lender's Maximum Commitment shall be deemed to be as reflected on the Commitment Schedule to be delivered by the Administrative Agent in connection with the addition of such additional Lender.
Temporary Increase. This Section 1 will be effective solely during the period beginning on the date hereof through and including the earlier of (i) January 29, 2016 and (ii) the settlement date of RAIT 2015-FL5 or to the extent that the settlement date for such securitization transaction occurs on or after January 1, 2016, then on the settlement date of RAIT 2016-FL5 (the “Temporary Increase Period”).
1.1 The Existing Repurchase Agreement is hereby amended by deleting the definition of “Maximum Aggregate Purchase Price” in its entirety and replacing it with the following:
