Examples of Additional Increase in a sentence
Where an item for Additional Increase in Cost of Working is shown in the Schedule, cover extends to include additional expenditure beyond that the Insurer will pay as indemnity in respect of Increase in Cost of Working under the Basis of Settlement, necessarily and reasonably incurred in consequence of Damage for the purposes of avoiding or diminishing the loss of Rent during the Indemnity Period.
Any Additional Increase shall be in an amount of at least $20,000,000 and integral multiples of $5,000,000 in excess thereof.
For the avoidance of doubt, a Transfer Certificate, Assignment Agreement, Increase Confirmation or Additional Increase Confirmation shall not be invalidated by any failure of a Lender to comply with this Clause 16.5.
The insurance by this Section of this Policy is extended to insure the actual loss sustained and Additional Increase in Cost of Working incurred by the Insured during the Indemnity Period if an order of civil or military authority prohibits access to premises of the Insured, provided such order is a direct result of a violent crime, suicide, attempted suicide, or armed robbery at such premises of the Insured.
The insurance by this Section of this Policy is extended to insure the actual loss sustained and Additional Increase in Cost of Working incurred by the Insured during the Indemnity Period directly resulting from Damage to property of the type not excluded under this Policy which attracts business to premises of the Insured and is within 300 metres of the premises of the Insured.
Annual Sum to be insured: (Please tick (✓) for required cover and complete.) Gross Profit or Gross Revenue/Rental Auditor’s fee Additional Increase Costs of Working Others (please specify): Extension: Prevention of Access Failure of Public Utilities: Electrical supply Water supply Gas supply Note: Please provide details in a separate sheet if more than the above.
Paragraph 4.4 provides for rent increases near the end of a lease term as follows: "Additional Increase in 30th Month Of Agreement.
The Administrative Agent shall notify the Lead Borrower and each Lender of the Lenders’ responses to each Additional Increase Request.
A minimum multiplier of 100% must be applied in respect of Increase Cost of Working and Additional Increase Cost of Working.
An option to increase the Face Amount of this contract will become effective on each Fixed Increase Option Date and each Additional Increase Option Date (see paragraphs 5c and 5d) if less than the Maximum Number of Options have been used to increase the Face Amount.