Requested Increase definition
Examples of Requested Increase in a sentence
On and after each Requested Increase Date, the ratable share of each Lender’s participation in Letters of Credit and Loans from draws under Letters of Credit shall be calculated after giving effect to each such Commitment Increase.
The Borrower may, but shall not be obligated to, offer to any Lender the right to provide all or any portion of the Requested Increase Amount.
Subject to Clause 11.6, following the Customer's confirmation that it accepts the price provided by the Service Provider for a Requested Increase in accordance with Clause 4.1(f), the Service Provider shall issue to the Customer a VAT invoice (with appropriate supporting information in a form satisfactory to the Customer, acting reasonably) specifying the total sum payable by the Customer in respect of the Requested Increase, including any applicable VAT and Taxes.
The legislature approved the blueprint and creation of the permanent commission.Action Requested: Increase funding at the federal and state level to meet infrastructure needs, including the protection and expansion of tax-exempt municipal bonds and low-interest grants and loans to be as efficient as possible in meeting infrastructure needs.
In the event there are two or more such Increasing Lenders that choose to so increase their Revolving Credit Commitment, the balance of the Requested Increase shall be allocated to such Increasing Lenders pro rata based on their Ratable Share.