Increase Request definition

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

Increase Request means a request by the Borrower for an increase of the Total Commitment in accordance with Section 2.03(c).

Increase Request means a request by the Borrower for an increase of the total Commitments in accordance with Section 2.05(d).

Examples of Increase Request in a sentence

• As to any Part that is available “Upon Request and Additional Approval”, You are required to make a request to utilize that additional Part in writing to Us (the “Commitment Increase Request Notice”), prior to Your submission of a corresponding Advance Request.

• Each Borrower acknowledges that any Request for Advance, Notice of Conversion/Continuation, Notice of Requested Commitment Increase, Request for Issuance of Letter of Credit or other notice or request given by any Borrower (including the Administrative Borrower) to the Administrative Agent shall bind all Borrowers, and that any notice given by the Administrative Agent or any other member of the Lender Group to any Borrower shall be effective with respect to all Borrowers.

• Promptly following receipt of an Increase Request, the Administrative Agent shall advise each Lender of the details thereof.

• The effective date of the Commitment Amount Increase shall be as set forth in the related Commitment Amount Increase Request.

• To request an increase pursuant to this Section 2.03(c), the Borrower shall submit to the Administrative Agent an Increase Request, in the form annexed hereto as Exhibit G, signed by the Borrower, which shall be irrevocable and shall specify, as the case may be: (A) each such Lender and the amount of the proposed increase in its Commitment, or (B) the proposed Commitment for such New Lender.

More Definitions of Increase Request

Increase Request means the written request sent to the Trust by the Seller pursuant to Section 2.1(b) in the form annexed hereto as Schedule "F";

Increase Request. A request substantially in the form of Exhibit G.

Increase Request means a request for an Increase in substantially the form attached hereto as Exhibit B.

Increase Request means an Increase Request substantially in the form attached hereto as Exhibit F or in such other form acceptable to the Administrative Agent.

Increase Request is defined in Section 2.3(a).

Increase Request means an Increase Request substantially in the form attached hereto as Exhibit F or in such other form acceptable to the Administrative Agent. “Incremental Amendment” is defined in Section 1.15 hereof. “Indebtedness” means for any Person (without duplication), (i) obligations of such Person for borrowed money, (ii) obligations of such Person representing the deferred purchase price of property or services other than accounts payable and other accrued liabilities arising in the ordinary course of business on terms customary in the trade and other than deferred employee, officer or director compensation, (iii) obligations of such Person evidenced by notes, acceptances, or other instruments of such Person or pursuant to letters of credit issued for such Person’s account, (iv) obligations, whether or not assumed, secured by Liens or payable out of the proceeds or production from Property now or hereafter owned or acquired by such Person, (v) Capitalized Lease Obligations of such Person, and (vi) obligations for which such Person is obligated pursuant to a Guaranty. For the sake of clarity, (i) performance guarantees (other than guarantees of the payment of Indebtedness), performance and surety bonds and environmental, “bad boy” and completion guarantees provided by the Borrower, the Parent, or any Subsidiary, (ii) pension liabilities of the Parent or any Subsidiary, (iii) indebtedness consolidated onto the books and records of the Parent for GAAP purposes under Accounting Standards Codification Topic 810 (formerly referred to as EITF 04-05 and FIN 46R) or any successor standard which otherwise would not be consolidated, and (iv) earn-outs or other earned deferred payment obligations incurred in connection with Permitted Acquisitions, if measured in whole or in part by events or performance occurring after the purchase, to the extent either (i) such obligations are contingent and remain contingent under the purchase agreement for such Permitted Acquisition or (ii) such obligations have become fixed and are due and payable no later than sixty (60) days after such obligations have become fixed, in each case, shall not be considered as Indebtedness. “Interest Expense” means, for any period, the sum of all interest charges of the Parent and its Restricted Subsidiaries for such period determined on a consolidated basis in accordance with GAAP. “Interest Period” is defined in Section 1.7 hereof.

Increase Request has the meaning assigned to such term in Section 2.26(a).