Incremental Increase definition

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

Incremental Increase has the meaning assigned to such term in Section 2.21(a).

Incremental Increase means that term as defined in Section 2.9(b) hereof.

Examples of Incremental Increase in a sentence

• No Default or Event of Default shall exist on the First Amendment Effective Date, either immediately prior to, or after giving effect to, this Amendment and the Incremental Increase and other amendments contemplated hereby and the making of any Extensions of Credit on the First Amendment Effective Date pursuant hereto.

• Except as set forth in the preceding sentence, no consent of any Lender (other than the Lenders participating in the Incremental Increase) shall be required for any Incremental Increase.

• The consent (not to be unreasonably withheld or delayed) of the Administrative Agent (in the case of an Additional Lender, but not an Increasing Lender), the Swingline Lender and each Issuing Bank shall be required for any Incremental Increase.

More Definitions of Incremental Increase

Incremental Increase has the meaning assigned thereto in Section 2.04(a).

Incremental Increase shall have the meaning ascribed thereto in Section 2.14(a).

Incremental Increase means a Revolving Incremental Increase or a Term Loan Incremental Increase.

Incremental Increase means an increase in appropriation or expenditure of tax funds designated by the Legislature of at least the minimum capital expenditure for a facility's operations and maintenance costs, beyond any increase due to inflation, to pay for a capital structure's operations and maintenance costs that are a direct result of a capital construction project.

Incremental Increase as defined in Section 2.19(a).

Incremental Increase is defined in Section 2.23(a).

Incremental Increase. Incremental Increase" shall mean, with respect to Operating Cash Flow for any fiscal year, an amount (expressed as a percentage) equal to (a) a fraction, the numerator of which is Operating Cash Flow for such fiscal year (the "Measuring Year") and the denominator of which is the average annual Operating Cash Flow for the fiscal years from the Base Year to the fiscal year immediately preceding the Measuring Year minus (b) 100%. Notwithstanding the foregoing, the Restricted Payments Basket shall not exceed $15,000,000 in the aggregate at any time. Nothing herein shall be deemed to restrict the payment of dividends by any Subsidiary to the Borrower.