Incremental Reserve definition

Incremental Reserve means, on any date with respect to an Insured Obligation in the Covered Portfolio, an amount equal to the increase, if any, on such date in a Reserve with respect to such Insured Obligation.
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Incremental Reserve means, at any time of calculation, the difference (but not less than zero) between the Aggregate FILO Commitments and Incremental Availability.
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Incremental Reserve. Loan Commencement Event" (except that the phrase "current Commitment Period" shall be deemed to mean the Facility Period), "Reserve," "Special Event of Default" contained in Exhibit A; and
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Examples of Incremental Reserve in a sentence

  • High Voltage Net Plant Additions are the total of the forecasted Incremental Gross Plant less the Incremental Reserve.

  • For the avoidance of doubt and without limiting the foregoing, from and after the Effective Date, the Incremental Reserve shall be used only to satisfy the Administrative Claims for which the Incremental Reserve was established (or other Administrative Claims not accounted for in the Budget but asserted prior to the applicable bar date), and shall be the first source of recovery for any such Claims as and when Allowed.

  • In the event that the amount of the Incremental Reserve exceeds the amount necessary to satisfy Administrative Claims for which the Incremental Reserve was established, as and when such Claims are Allowed, the amount of such excess shall be disbursed to the Reorganized Debtor.

  • A reserve for Contingent Administrative Claims shall be funded immediately prior to the Effective Date from the DIP Facility (the “Incremental Reserve”); provided, however, that in no event shall (x) the amount of the Incremental Reserve, plus (y) the outstanding principal amount of the DIP Facility immediately prior to the Effective Date, exceed $8,000,000.00.

  • MVB Program costs: Cost of vaccine replenishments$10,107,071 $13,254,805+ Operating Cost185,283 279,885+ Leakage & Bad Debt- -+/- Incremental Reserve Adj.- - = Total Program Cost $10,292,354 $13,534,690 C.

  • MVB Program costs: Cost of vaccine replenishments$13,254,805 $11,732,696+ Operating Cost279,885 202,872+ Leakage & Bad Debt- -+/- Incremental Reserve Adj.- - = Total Program Cost $13,534,690 $11,935,568 C.

  • Notwithstanding anything to the contrary herein, the Reorganized Debtor shall retain the right to object to any such Administrative Claim proposed to be satisfied from the Incremental Reserve.

  • For the avoidance of doubt and without limiting the foregoing, from and after the Effective Date, the Incremental Reserve shall be used only to satisfy the Administrative Claims for which the Incremental Reserve was established, and shall be the first source of recovery for any such Administrative Claim as and when Allowed.

  • Map 6 in Appendix I shows how the Habitat Reserve may be configured if all such transactions were to occur.(e) Incremental Reserve growth.

  • MVB Program costs: Cost of vaccine replenishments$10,234,140 $11,443,446+ Operating Cost145,891 123,777+ Leakage & Bad Debt29,390 1,387+/- Incremental Reserve Adj.- - = Total Program Cost $10,409,421 $11,568,610 C.

Related to Incremental Reserve

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

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

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

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

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

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(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.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term B Loans has the meaning specified in Section 2.14(a).

  • Incremental Revolving Credit Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain revolving credit loans to one or more Borrowers.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Incremental Revolving Credit Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.