Approved Increase definition

Approved Increase has the meaning set forth in Section 2.18(a).
Approved Increase has the meaning specified therefor in Section 2.14(a) of the Agreement.
Approved Increase shall have the meaning set forth in Section 2.5(a) hereof.

Examples of Approved Increase in a sentence

  • In connection with any such Approved Increase, Borrower shall execute and deliver to Agent (with sufficient additional originals thereof for each Lender) a new Form U-1 (together with such other documentation as Agent shall reasonably request, if any) in order to enable Agent and the Lenders to comply with any of the requirements under Regulations T, U or X of the Federal Reserve Board.

  • If such proposed Lender agrees to execute an Increase Joinder in connection with an Approved Increase, such Increase Joinder may, without the consent of any other Lender, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of Agent, to effect the provisions of this Section 2.18.

  • Each Approved Increase shall be in a minimum principal amount of $5,000,000 unless otherwise agreed by Agent.

  • The foregoing to the contrary notwithstanding, an amendment to this Agreement to effectuate an Approved Increase shall only require the consent of Borrower, the Agent and the new Lender and shall not require the consent of any other Lender.

  • Requested Increase Approved Increase Effective* Approved * The “effective” rate increases—the actual rate increases that will be experienced by Vermonters—take into account the availability ofadditional federal subsidy dollars resulting from changes made to Vermont law during the 2018 legislative session.

  • The foregoing to the contrary notwithstanding, an amendment to this Agreement to effectuate an Approved Increase in accordance with Section 2.17 shall only require the consent of the Borrower, the Agent and the new Lender and shall not require the consent of any other Lender.

  • Such Approved Increase shall be in a minimum principal amount of $5,000,000 unless otherwise agreed by the Agent.

  • The foregoing to the contrary notwithstanding, an amendment to this Agreement to effectuate an Approved Increase shall only require the consent of the Borrower, the Agent and the new Lenders and shall not require the consent of any other Lender.

  • So long as each of the requirements set forth in Section 2.14(a) and this Section 2.14(b) are satisfied, the increased Commitments with respect to an Approved Increase shall become effective as of the Increase Effective Date.

  • If such proposed Lxxxxx agrees to execute an Increase Joinder in connection with an Approved Increase, such Increase Joinder may, without the consent of any other Lender, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Agent, to effect the provisions of this Section 2.18.


More Definitions of Approved Increase

Approved Increase means [intentionally omitted].

Related to Approved Increase

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Second Incremental Auction means an Incremental Auction conducted ten months before the Delivery Year to which it relates.

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Merit Increase means an increase in the rate of pay of an employee within the employee’s pay range which may be granted in recognition of satisfactory service on the employee’s anniversary date.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Conditional Incremental Auction means an Incremental Auction conducted for a Delivery Year if and when necessary to secure commitments of additional capacity to address reliability criteria violations arising from the delay in a Backbone Transmission upgrade that was modeled in the Base Residual Auction for such Delivery Year.

  • Incremental Auction means any of several auctions conducted for a Delivery Year after the Base Residual Auction for such Delivery Year and before the first day of such Delivery Year, including the First Incremental Auction, Second Incremental Auction, Third Incremental Auction or Conditional Incremental Auction. Incremental Auctions (other than the Conditional Incremental Auction), shall be held for the purposes of:

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Term Commitment Increase has the meaning specified in Section 2.14(a).

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Commitment Increase Notice as defined in Section 2.1(b).

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Increasing Lenders is defined in Section 2.14.

  • Increasing Lender has the meaning specified in Section 2.18(b).