Commitment Increase has the meaning specified in Section 2.18(a).
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.
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.
Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).
Commitment Increase Notice has the meaning assigned to such term in Section 2.19.
Increasing Lender has the meaning specified in Section 2.18(b).