Temporary Increase Amount definition

Temporary Increase Amount means the aggregate amount of the several Multicurrency Revolving Commitment increases under the Temporary Increase, as reduced from time to time. The initial Temporary Increase Amount is $100,000,000 and any Temporary Increase Amount remaining on the Temporary Increase Expiry Date shall be reduced to zero (0) on such Temporary Increase Expiry Date.

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Temporary Increase Amount an amount equal to the lesser of (x) 15% of the Borrowing Base before giving effect to the Temporary Increase Amount and (y) the sum of an additional 5% in respect of clause (a) of the definition of “Borrowing Base” and an additional 10% in respect of clause (b) of the definition of “Borrowing Base”.

Temporary Increase Amount means the Dollar amount equal to the lesser of:

Examples of Temporary Increase Amount in a sentence

The Borrowers acknowledge that the Lender’s agreement herein to provide the Temporary Increase Amount shall not bind the Lender to grant any other or further increase in the Line of Credit Limit.
Borrowers shall pay to Lender, as consideration for the Temporary Increase Amount, a temporary increase fee from the First Amendment Effective Date to and including the last day of the Temporary Increase Period, payable monthly, at a rate per annum equal to fifty (50) basis points multiplied by the Temporary Increase Amount.
Section 2.3. Addition of Definition of "Temporary Increase Amount" in Section 1.01 (Definitions).
To evidence the Temporary Increase Commitment, the Borrower shall execute and deliver to the Lender a promissory note, in the form provided by the Lender, in a face amount equal to the Temporary Increase Amount (the “Temporary Increase Note”).
From and after the calendar day following the end of the Temporary Funding Period, all of the defined terms amended in this Amendment shall be defined in the Loan Agreement as they were defined immediately prior to the execution and delivery of this Amendment, and as long as all principal and accrued interest due with respect to the Temporary Increase Amount has been paid in full, the Temporary Increase Daily Adjusting LIBOR Note shall be of no further force or effect.

More Definitions of Temporary Increase Amount

Temporary Increase Amount means Five Hundred Thousand Dollars ($500,000).

Temporary Increase Amount. An amount determined by the Buyer in its discretion, but in any event, not greater than $550,000,000.”

Temporary Increase Amount. $200,000,000."

Temporary Increase Amount. Defined in the Fee Letter.

Temporary Increase Amount means the aggregate amount of the several

Temporary Increase Amount means, with respect to any Temporary Increase Period, an amount, as requested by Borrowers and as agreed to by Lender in writing, not to exceed Five Hundred Thousand Dollars ($500,000).