Term Increase definition

Term Increase has the meaning provided in Section 2.18(a)means a Tranche A Term Increase or a Tranche B Term Increase.
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Term Increase has the meaning set forth in Section 2.3(a).
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Term Increase as defined in Section 2.8.
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Examples of Term Increase in a sentence

  • Mid Term Increase in Sum Insured: In the event of an increase in the Sum Insured being agreed to, the Company shall charge on such increased sum an additional provisional premium on a basis proportionate to the unexpired period of the policy.

  • Mid Term Increase in Sum Insured: In the event of an increase in the Sum Insured being agreed to, the Company shall charge on such increased sum an additional premium on a basis proportionate to the unexpired period of the policy.

  • OBJECTIVES: (Long Term): Increase the number of business startups, promote the retention of existing business and industry.

  • It is entirely the responsibility of each individual student to be back in class on time after the lunch period.

  • LIBOR Threshold When Rent is at Floor; Master; If Master/Properties Included; Original Initial Lease Term; Increase Types; % of CPI; Minimum Increase; Maximum Increase; Last Adjustment Date; Increase Frequency; Next Adjustment Date; Right of First Offer; Right of First Negotiation; Right of First Refusal; Guarantors agree to lease documents.

  • In this Rider, a scheduled increase is referred to as a Term Increase, and is scheduled for a particular Policy Anniversary, as shown in the Policy Specifications.

  • Any Incremental Term Facility or Incremental Term Increase shall be pursuant to documentation as determined by the Borrower and the Additional Term Lenders providing such Incremental Term Facility or Incremental Term Increase, subject to the restrictions and exceptions set forth above.

  • Financial underwriting generally includes a review of the Insureds earned income and net worth in relation to the amount of life insurance coverage requested.A Term Increase in S-ART Coverage will increase the Face Amount of the existing Coverage Layer.There is a cost of insurance charge associated with each such Term Increase that has gone into effect and continues to be in effect.

  • The Administrative Agent shall promptly notify the Company and the Lenders of the final allocation of such increase and the Term Increase Effective Date The Loan may be Base Rate Loan or Eurocurrency Rate Loan, as further provided herein.

  • The Administrative Agent shall promptly notify the applicable Lenders of the final allocation of such increase and the Term Increase Effective Date.


More Definitions of Term Increase

Term Increase has the meaning provided in Section 2.18(a).
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Related to Term Increase

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

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

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

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

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

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

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Increase Amount is defined in Section 2.3(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Commitment Increase Notice has the meaning assigned to such term in Section 2.19.

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

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

  • Leverage Increase Period has the meaning specified in Section 7.11(a).

  • Capital Increase has the meaning given in clause 3.2(a);

  • 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.

  • 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.

  • Annual increase means, initially, fifty-nine cents per month

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

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