Applicable Increase definition

Applicable Increase has the meaning set out in paragraph 4.2 of Schedule 10 (Pricebook, Charges and Invoicing).

Applicable Increase means (x) 0.75 to 1.00 for the Reference Period ending on the last day of the fiscal quarter in which a Material Acquisition is consummated and the Reference Period ending on the last day of the first full fiscal quarter following the consummation of such Material Acquisition, (y) 0.50 to 1.00 for the Reference Periods ending on the last day of the second and third full fiscal quarters following the consummation of such Material Acquisition and (z) 0.25 to 1.00 for the Reference Periods ending on the last day of the fourth and fifth full fiscal quarters following the consummation of such Material Acquisition (it being understood that no Applicable Increase shall apply for any Reference Period ending on or after the last day of the sixth full fiscal quarter following the applicable Material Acquisition).

Applicable Increase means, with respect to a Fundamental Change, the amount, set forth in the following table, which corresponds to the effective date of such Fundamental Change (the “Effective Date”) and the Stock Price of such Fundamental Change: March 2, 2007 20.93 17.31 7.55 3.77 2.19 1.71 1.50 1.33 1.20 1.09 1.00 0.92 July 15, 2007 20.93 15.67 6.04 2.64 1.38 1.14 1.00 0.89 0.80 0.73 0.66 0.62 July 21, 2008 20.93 10.67 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 provided, however, that (x) if the actual Stock Price of such Fundamental Change is between two (2) Stock Prices listed in the table above under the column titled “Stock Price,” or if the actual Effective Date of such Fundamental Change is between two Effective Dates listed in the table above in the row immediately below the title “Effective Date,” or both, then the Applicable Increase for such Fundamental Change shall be determined by linear interpolation between the Applicable Increases set forth (i) for such two Stock Prices or (ii) for such two Effective Dates based on a three hundred and sixty five (365) day year, or both, as applicable; and (y) if the actual Stock Price of such Fundamental Change is greater than $65.00 per share (the “Cap”) (subject to adjustment as provided in Section 11.18(b)(i)), or if the actual Stock Price of such Fundamental Change is less than $13.00 (the “Floor”) per share (subject to adjustment as provided in Section 11.18(b)(i)), then the Applicable Increase shall be equal to zero (0).

Examples of Applicable Increase in a sentence

• The Conversion Rate applicable to each Security that is surrendered for conversion, in accordance with the Securities and Article X of the Indenture, at any time during the Make-Whole Conversion Period with respect to a Make-Whole Fundamental Change shall be increased to an amount equal to the Conversion Rate that would, but for Section 10.15 of the Indenture, otherwise apply to such Security pursuant to Article X of the Indenture, plus an amount equal to the Make-Whole Applicable Increase.

• The additional consideration payable hereunder on account of any Make-Whole Applicable Increase with respect to a Security surrendered for conversion is herein referred to as the “Make-Whole Consideration.” For avoidance of doubt, the amount of the Make-Whole Consideration due upon the conversion of a Security shall be based on the Cash Settlement Averaging Period and Volume-Weighted Average Prices applicable to such conversion pursuant to Section 8.02 hereof.

• The additional consideration payable hereunder on account of any Make-Whole Applicable Increase with respect to a Security surrendered for conversion is herein referred to as the "Make-Whole Consideration.” For avoidance of doubt, the amount of the Make-Whole Consideration due upon the conversion of a Security shall be based on the Cash Settlement Averaging Period and Volume-Weighted Average Prices applicable to such conversion pursuant to Section 11.02.

• During the Employment Period, the Company will pay ----------- Employee a base salary at the rate of $205,000 per annum plus any Applicable Increase Rate (the base salary in effect from time to time, as increased by any Applicable Increase Rate, is hereinafter referred to as the "Base Salary"), payable in regular installments in accordance with the Company's general payroll practices for salaried officers.

• As of the date of this Agreement, (a) the “Conversion Rate” of the Convertible Notes means 23.8095 prior to calculating any Make-Whole Applicable Increase (as defined in the Indenture), and (b) there has been no event to occur that has caused, or will give rise to, the Conversion Rate to be adjusted under Article 10 of the Indenture or otherwise (excluding the Merger).

More Definitions of Applicable Increase

Applicable Increase has the meaning set out in paragraph 4.2 of Schedule 10 (Invoicing & Charging)

Applicable Increase means, with respect to a Make-Whole Fundamental Change, the amount, set forth in the following table, which corresponds to the effective date of such Make-Whole Fundamental Change (the "EFFECTIVE DATE") and the Applicable Price of such Make-Whole Fundamental Change: APPLICABLE INCREASE (per $1,000 principal amount of Securities)

Applicable Increase shall have the meaning specified in Section 15.03(a).

Applicable Increase means (i) if a Material Acquisition is consummated during the Reference Period ending on or nearest to June 30, 2017, (x) 0.50 to 1.00 for the Reference Period ending on or nearest to June 30, 2017 and the Reference Periods ending on or nearest to September 30, 2017 and December 31, 2017 and (y) 0.25 to 1.00 for the Reference Periods ending on or nearest to March 31, 2018, June 30, 2018 and September 30, 2018 and (ii) if a Material Acquisition is consummated during the fiscal quarter ending on or nearest to September 30, 2017 or any subsequent fiscal quarter, (x) 0.75 to 1.00 for the Reference Period ending on the last day of the fiscal quarter in which such Material Acquisition is consummated and the Reference Period ending on the last day of the first full fiscal quarter following the consummation of such Material Acquisition, (y) 0.50 to 1.00 for the Reference Periods ending on the last day of the second and third full fiscal quarters following the consummation of such Material Acquisition and (z) 0.25 to 1.00 for the Reference Periods ending on the last day of the fourth and fifth full fiscal quarters following the consummation of such Material Acquisition (it being understood that (A) no Applicable Increase shall apply, with respect to clause (i) above, for any Reference Period ending on or nearest to December 31, 2018 or thereafter and (B) no Applicable Increase shall apply, with respect to clause (ii) above, for any Reference Period ending on or after the last day of the sixth full fiscal quarter following the applicable Material Acquisition).

Applicable Increase means for any given fiscal year an amount equal to the sum of (x) fifty percent (50%) of Consolidated Net Income for the fiscal year ending on such date (but in any event not less than zero), (y) one hundred percent (100%) of the net cash proceeds of the issuance of any Capital Stock during such fiscal year and (z) one hundred percent (100%) of the principal amount of securities (other than capital stock) converted into capital stock of Company after the date of this Agreement during such fiscal year.

Applicable Increase means the number of additional shares of Common Stock to be added to the Conversion Rate per $1,000 principal amount of Notes, set forth in the table below, based on the Effective Date of the Make-Whole Fundamental Change or the Notice of Redemption, as the case may be, and the price (the “Stock Price”) paid (or deemed paid) per share of the Common Stock in such Make-Whole Fundamental Change or Notice of Redemption, as the case may be. If the holders of the Common Stock receive only cash in a Make-Whole Fundamental Change, the Stock Price shall be the cash amount paid per share. Otherwise, the Stock Price deemed paid shall be the average of the Last Reported Sale Prices of the Common Stock over the five Trading Day period ending on, and including, the Trading Day immediately preceding the Effective Date. The Board of Directors shall make appropriate adjustments to the Stock Price, in its good faith determination, to account for any adjustment to the Conversion Rate that becomes effective, or any event requiring an adjustment to the Conversion Rate where the Record Date of the event occurs, during such five consecutive Trading Day period.

Applicable Increase means, with respect to (a) a Non-Stock Change of Control or (b) a conversion in connection with a Redemption pursuant to Section 3.01(a) hereof, the amount, set forth in the following table, which corresponds to the Effective Date and the Stock Price: 8/28/2013 2.2792 2.3143 2.1297 1.9143 1.7810 1.6393 1.4857 1.5275 1.2743 0.9393 0.6276 0.4571 0.3493 2/15/2014 2.3012 2.2214 1.9504 1.7504 1.6285 1.4989 1.3585 1.3967 1.1652 0.8589 0.5739 0.4180 0.3194 2/15/2015 2.3488 2.0233 1.5679 1.4005 1.3029 1.1993 1.0869 1.1175 0.9323 0.6872 0.4592 0.3344 0.2555 2/15/2016 2.3965 1.8251 1.1853 1.0506 0.9774 0.8997 0.8154 0.8383 0.6994 0.5155 0.3445 0.2509 0.1917 2/15/2017 2.4443 1.6264 0.8017 0.6998 0.6510 0.5992 0.5431 0.5584 0.4658 0.3434 0.2294 0.1671 0.1277 2/15/2018 2.4922 1.4282 0.4191 0.3499 0.3255 0.2996 0.2716 0.2792 0.2329 0.1717 0.1147 0.0836 0.0638 2/15/2019 2.5403 1.2300 0.0365 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 provided, however, that: