Request for Increase definition

Request for Increase means the notice to be delivered to the Trustee and each VBC Holder in connection with any Increase pursuant to Section 6.1 hereof, substantially in the form attached as Exhibit E hereto.
Request for Increase through and including Section 3.4.4 "Buying and Selling Lenders" shall be deleted in its entirety and replaced with the following: "Intentionally Deleted".
Request for Increase. Subject to the provisions of Section 2.7, on the terms and subject to the conditions set forth in this Section 2.17, Borrower shall have (A) a one time right prior to the Original Maturity Date and (B) a one time right during each of the First Extension Period and the Second Extension Period, by written notice to Administrative Agent, to request an increase in the Maximum Commitment Amount by (i) first permitting any Lender to increase its Commitment (and accordingly increase the Maximum Commitment Amount by such amount), or (ii) thereafter inviting any Eligible Assignee that has previously been approved by Administrative Agent in writing to become a Lender under this Agreement and to provide a commitment to lend hereunder (and accordingly increase the Maximum Commitment Amount by such amount); provided, however, that in no event shall such actions cause the Maximum Commitment Amount to increase above $600,000,000."

Examples of Request for Increase in a sentence

  • Each Request for Increase shall state the time period during the upcoming three-month period for the Increase to be in place (such period of time for such increase, the “Increase Period”).

  • The Request for Increase must be accompanied by a certificate of the Borrower executed by the chief financial officer or other officer or representative of the Borrower, in a form reasonably acceptable to Lender, that no Event of Default has occurred and is continuing and that all representations and warranties in the Loan Documents are true and correct in all material respects on and as of the date of such Request for Increase.

  • Each Revolving Credit Lender approving an increase in its applicable commitment by the requested amount shall deliver its written consent thereto no later than ten (10) Business Days of the Agent’s informing such Revolving Credit Lender of the Request for Increase; if the Agent shall not have received a written consent from a Revolving Credit Lender within such time period, such Revolving Credit Lender shall be deemed to have elected not to increase its applicable commitment.

  • Lender shall notify Borrower of its determination within 10 days after receipt of the Request for Increase.

  • No such Request for Increase in Delivery Goal shall be effective unless and until it is executed by CCWA’s Executive Director.

  • If Borrower desires an increase in the Maximum Revolving Principal Amount, it shall first deliver a written request ("Request for Increase") to Lender specifying the proposed effective date of such increase.

  • At any time during the term of this Agreement, Contractor may request an increase, but not a decrease, in the Delivery Goal by executing and delivering to CCWA a Request for Increase in Delivery Goal, in a form approved by CCWA.

  • Upon Borrower's delivery of any Request for Increase, Lender will have the right, but not the obligation, to increase the Maximum Revolving Principal Amount.

  • The colouring agent used for printing shall not fade unduly, shall be chemically neutral and shall have no deleterious effect on the fibres of the paper.

  • If the shortage is not paid up within 5 business days from (and exclusive) the day of demand for the payment of such shortage, the Request for Increase in Purchase shall be null and void.

Related to Request for Increase

  • Request for Loan means a written request for a Loan substantially in the form of Exhibit G, signed by a Responsible Official of Borrower, on behalf of Borrower, and properly completed to provide all information required to be included therein.

  • Request for Information (RFI means a written request by Contractor directed to A/E or ODR for a clarification of the information provided in the Contract Documents or for direction concerning information necessary to perform the Work that may be omitted from the Contract Documents.

  • Request for Information shall have the meaning set out in FOIA or the Environmental Information Regulations as relevant (where the meaning set out for the term “request” shall apply).

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

  • Request for Advance means a Request for Revolving Credit Advance or a Request for Swing Line Advance, as the context may indicate or otherwise require.

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

  • Increase Notice has the meaning specified in Section 2.05(c)(ii).

  • Borrowing Notice is defined in Section 2.8.

  • Request for Applications (RFA) means the document (including all exhibits, attachments, and published addenda), issued by the System Agency under which applications for grant funds were requested, which is incorporated by reference in the Grant Agreement for all purposes in its entirety.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

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

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

  • Request for Extension of Credit means a written request substantially in the form of Exhibit A duly completed and signed by a Responsible Officer, or a telephonic request followed by such a written request, in each case delivered to Administrative Agent by Requisite Notice. In the case of a request for a new or amended Letter of Credit, the written Letter of Credit Application shall be deemed to be the Request for Extension of Credit.

  • Notice of Continuation or Conversion has the meaning provided in Section 2.10(b).

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

  • Commitment Reduction Notice has the meaning given that term in Section 2.13.

  • Term Loan Election has the meaning specified in Section 2.06.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Requests for Information means a request for information or an apparent request under the Code of Practice on Access to Government Information, FOIA or the Environmental Information Regulations;

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit H, signed by a Responsible Official of Borrower, and properly completed to provide all information required to be included therein.

  • Request for Borrowing has the meaning provided in Section 2.3(a).