Increase Period definition

Increase Period has the meaning specified in Section 8.10.
Increase Period means the period beginning on the date falling six Months after the date of this Agreement and ending on the date falling six Months prior to the Termination Date provided that if only one or more of the Original Lenders participate in an increase, such period shall begin on the date of this Agreement in respect of such increase.

Examples of Increase Period in a sentence

  • At any time during the Commitment Increase Period, Borrower may request that Agent increase the Total Commitment Amount from the Closing Commitment Amount up to an amount that shall not exceed the Maximum Commitment Amount.

  • We will automatically increase the Sum Insured in respect of Stock by fifty percent (50%) during the Seasonal Increase Period.

  • If a Leverage Ratio Increase Election shall have been made under this Section, the Company may not make another Leverage Ratio Increase Election unless, following the termination or expiration of the most recent prior Leverage Ratio Increase Period, the Leverage Ratio as of the last day of at least two consecutive full fiscal quarters of the Company shall not have exceeded 3.50:1.00.

  • We must receive the application within 60 days prior to the end of the current Increase Period.

  • If an Increase Period ends while any benefits are payable under the policy, then the Owner must apply not less than 60 days and not more than 120 days after the last benefit payment.


More Definitions of Increase Period

Increase Period means the period from June 1, 1999, until the first day that is one hundred twenty (120) days after such date, or, if such day is not a Business Day, the first succeeding Business Day.
Increase Period the period from the Restatement Effective Date until (but excluding) the Applicable Facility Termination Date. “Increasing Lender”: as defined in Section 4.1(b)(iii). “Indebtedness”: of any Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money (whether by loan or the issuance and sale of debt securities) or for the deferred purchase price of property or services (other than current trade liabilities incurred in the ordinary course of business and payable in accordance with customary practice), (b) any other indebtedness of such Person which is evidenced by a note, bond, debenture or similar instrument, (c) all obligations of such Person under Financing Leases or Synthetic Leases, (d) all obligations of such Person in respect of letters of credit, acceptances or similar instruments issued or created for the account of such Person, (e) all liabilities of a third party secured by (or for which the holder of such obligations has an existing right, contingent or otherwise, to be secured by) any Lien on any property owned by such Person even though such Person has not assumed or otherwise become liable for the payment thereof, (f) all Guarantee Obligations of such Person in respect of obligations of the kind referred to in clauses (a) through (e) above, and (g) for the purposes of Section 9.1(f) only, all obligations of such Person in respect of Commodity OTC Agreements and Financial Hedging Agreements. The amount of any Indebtedness under (x) clause (e) shall be equal to the lesser of (A) the stated amount of the relevant obligations and (B) the fair market value of the property subject to the relevant Lien, and (y) clause (g) shall be the net amount, including any net termination payments, required to be paid to a counterparty rather than the notional amount of the applicable Commodity OTC Agreement or Financial Hedging Agreement. Notwithstanding the foregoing, the Maine Dock Liability Obligations and the Hydro-Québec Indemnity shall not be considered Indebtedness for purposes of this Agreement. “Indemnified Liabilities”: as defined in Section 11.6. “Indemnitee”: as defined in Section 11.6. USActive 56005294.956005294.16- 70-
Increase Period has the meaning assigned to such term in Section 6.12(b).
Increase Period shall have the meaning assigned to such term in Section 8.2.13(b) [Financial Covenants].
Increase Period means the period beginning on May 1, 2020 and ending on August 31, 2020 (or such later date as Agent may agree in its sole discretion, but in no event later than December 31, 2020).
Increase Period means the period from and including the Seventh Amendment Effective Date through and including December 31, 2004.