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Facility Increase Conditions definition

Facility Increase Conditions means:
Facility Increase Conditions shall have the meaning specific in Section 9(b) of this Agreement.
Facility Increase Conditions shall have the meaning specific in Section 3(dd) of this Agreement.

Examples of Facility Increase Conditions in a sentence

  • The Facility Amount may be increased up to Six Hundred Million Dollars and NO/00 ($600,000,000.00) provided that the Facility Increase Conditions (as defined below) are satisfied.

  • For each fiscal year during the Term, Executive shall be eligible to participate in the Company’s Short-Term Incentive Plan, or any successor plan (the “STIP”), under terms and conditions no less favorable than other senior executives of the Company; provided that Executive’s “target” short-term incentive opportunity shall not be less than 75% of his Annual Base Salary (the “Target STI”), effective as of July 26, 2017.

  • The Facility Amount may be increased to up to Two Hundred Fifty Million Dollars ($250,000,000); provided that the Facility Increase Conditions (as defined below) are satisfied.

Related to Facility Increase Conditions