Increase Minimum definition

Increase Minimum means (a) $3,000,000 in the case of the U.S. Dollar Revolving Credit Tranche, (b) $3,000,000 in the case of the Multicurrency Revolving Credit Tranche, (c) A$3,000,000 in the case of the Australian Dollar Revolving Credit Tranche, (d) S$3,000,000 in the case of the Singapore Dollar Revolving Credit Tranche, (e) ¥300,000,000 in the case of the Yen Revolving Credit Tranche and (f) and the Equivalent of $3,000,000 in the case of any Supplemental Tranche.
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Increase Minimum means $3,000,000 (or the Equivalent thereof in a Committed Foreign Currency).
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Increase Minimum means ¥300,000,000.
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Examples of Increase Minimum in a sentence

  • Potential Renewal PeriodMaximum Increase Minimum DecreaseFirst Renewal Period~ Do not complete both a maximum increase and a minimum decrease for the same renewal period.

  • See “Brazil May Increase Minimum Wage to 622.73 Reais in 2012”, Bloomberg News, November 22, 2011.

  • If this warranty has been violated, then FibroGen shall, after receipt of written notice from Subtenant setting forth with specificity the nature of the violation, promptly, at FibroGen’s sole cost, rectify such violation.

  • The below table sets out the fixed increases an employee will receive pursuant to clause 3.2.2(a), as well as the minimum merit increases that will be applied to an employee's salary each year if the employee receives an annual performance rating of 3, 4 or 5: Year Fixed % Increase Minimum -Merit % Increase Available Fixed and Minimum-Merit Increase 2014 2.0% 2.0% 4.0% 2015 2.0% 1.5% 3.5% 2016 2.0% 1.5% 3.5% To be clear, the above table sets out the minimum merit increases available to an employee.

  • Since the Controlling Shareholders Subscription Amount is greater than the Minimum Capital Increase Amount, the Increase of Capital shall be concluded after the Capital Increase Minimum Amount is reached.In the event of partial ratification of the Capital Increase, no additional period will be granted for the reconsideration of the subscription decision.

  • The Capital Increase will be carried out though the issue, for private subscription, of up to (i) 171.136.140 common shares and (ii) 16.268.441 preferred shares, in the amount of up to R$511.813.108,55 (“Total Capital Increase”), subject to partial ratification in the event the Capital Increase Minimum Amount (as defined in item 10 below) is reached.

  • COMPANY: IPIC-GOLD CLASS ENTERTAINMENT, LLC By: /s/Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Its: EXECUTIVE: /s/Xxxxx Xxxxxxx XXXXX XXXXXXX Contract Term: 5 years Initial Base Salary: $675,000 Increase: Minimum of 5% annual increase beginning January 1, 2012 or based on Merit at the discretion of the board.

  • Respectfully Submitted, Representatives Aparna Dileepkumar and Nara Poling Broad Run High SchoolE1222; A Bill to Increase Minimum Wage to Combat Inflation BE IT ENACTED BY THIS STUDENT CONGRESS HERE ASSEMBLED THAT: 1.

  • Refer to Section 7.3.2.Option 19: Increase Minimum Harvest Ages by 10 years.

  • The Potential Effects of a Minimum Wage Increase Minimum wage increases and the effects on the younger demographic in Canada.


More Definitions of Increase Minimum

Increase Minimum means $5,000,000 (or the Equivalent thereof in a Committed Foreign Currency).
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Related to Increase Minimum

  • Increase Amount is defined in Section 2.3(a).

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Commitment Utilization Percentage means on any day the percentage equivalent to a fraction (a) the numerator of which is the aggregate outstanding principal amount of Revolving Credit Loans, including the aggregate outstanding principal amount of Letters of Credit, Swingline Loans and Competitive Loans, and (b) the denominator of which is the Total Commitment (or, on any day after termination of the Commitments, the Total Commitment in effect immediately preceding such termination).

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

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

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

  • 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.

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

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

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

  • Commitment Increase Supplement as defined in subsection 2.20(c).

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

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

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Revolving Lenders as the same may be decreased pursuant to Section 2.12(c) or increased pursuant to Section 2.19. As of the Closing Date, the amount of the Total Revolving Commitment is $100,000,000.

  • Increase Lender has the meaning given to that term in Clause 2.2 (Increase).

  • 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.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Unused Total Revolving Commitment means, at any time, the excess of (i) the Total Revolving Commitment at such time over (ii) the Aggregate Revolving Facility Exposure at such time.

  • Applicable Revolving Commitment Fee Percentage means (a) from the Closing Date until the date of delivery of the Compliance Certificate and the financial statements for the second full Fiscal Quarter after the Closing Date, a percentage, per annum, determined by reference to the following table as if the Leverage Ratio then in effect were 3.00:1.00; and (b) thereafter, a percentage, per annum, determined by reference to the Leverage Ratio in effect from time to time as set forth below: >3.00:1.00 0.75% 1.30% <3.00:1.00 >2.50:1.00 0.75% 1.20% No change in the Applicable Revolving Commitment Fee Percentage shall be effective until three (3) Business Days after the date on which the Administrative Agent has received the applicable financial statements and a Compliance Certificate pursuant to Section 5.01(c) calculating the Leverage Ratio. At any time the Borrower Representative has not submitted to the Administrative Agent the applicable information as and when required under Section 5.01(c), the Applicable Revolving Commitment Fee Percentage shall be determined as if the Leverage Ratio were in excess of 3.00:1.00. Promptly following receipt of the applicable information under Section 5.01(c), the Administrative Agent shall give each Lender telefacsimile or telephonic notice (confirmed in writing) of the Applicable Revolving Commitment Fee Percentage in effect from such date. In the event that any financial statement or certificate delivered pursuant to Section 5.01 is shown to be inaccurate, and such inaccuracy, if corrected, would have led to the application of a higher Applicable Revolving Commitment Fee Percentage for any Applicable Period than the Applicable Revolving Commitment Fee Percentage applied for such Applicable Period, then (i) the Borrower Representative shall immediately deliver to the Administrative Agent a correct certificate required by Section 5.01 for such Applicable Period, (ii) the Applicable Revolving Commitment Fee Percentage shall be recalculated with the Leverage Ratio at the corrected level and (iii) each applicable Borrower shall immediately pay to the Administrative Agent the accrued additional fees owing as a result of such increased Applicable Revolving Commitment Fee Percentage for such Applicable Period. Nothing in this definition shall limit the right of the Administrative Agent or any Lender under Section 2.10 or Article VIII and the provisions of this definition shall survive the termination of this Agreement.

  • Annual increase means, initially, fifty-nine cents per month