Total Committed Increase definition

Total Committed Increase has the meaning specified in Section 2.05(c)(v).
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Total Committed Increase has the meaning specified in Section 2.04(b)(v). “Total Committed Incremental Term Loan” has the meaning specified in Section 2.04(c)(v). “Total Commitments” means $400 million, as such amount may be increased or reduced as provided in Section 2.04 or as otherwise expressly provided in this Agreement. “Total Leverage Ratio” means, with respect to Livent and its Restricted Subsidiaries on a Consolidated basis as of any date, the ratio of (a) Financial Covenant Debt as of such date, minus the amount of cash and Cash Equivalents that are or would be included on a balance sheet of Livent and its Subsidiaries as of such date to the extent such cash and Cash Equivalents is not or would not be listed as “restricted” on such balance sheet in accordance with GAAP to (b) EBITDA for the last four Fiscal Quarters ending on or before such date. “Total Outstandings” means, at any time, the sum of (a) the Revolving Loan Outstandings and (b) the Letter of Credit Obligations, at such time. “Trademark License Agreement” shall mean the trademark license agreement between Livent and FMC, as described in the Disclosure Documents, as such agreement may be amended, restated, amended and restated or otherwise modified from time to time. “Transactions” means (a) the Separation Transactions and (b) the execution, delivery and performance by the Borrowers of this Agreement, the borrowing of Loans and other credit extensions, the use of the proceeds thereof and the issuance of Letters of Credit hereunder, including, in the case of clauses (a) and (b), the payment of taxes, fees and expenses incurred in connection therewith and the other transactions contemplated by or related to the foregoing. “Transition Services Agreement” shall mean the transitions services agreement between Livent and FMC, as described in the Disclosure Documents, as such agreement may be amended, restated, amended and restated or otherwise modified from time to time. “Treaty on European Union” means the Treaty of Rome of March 25, 1957, as amended by the Single Euxxxxxx Xxx 0000 xnd the Maastricht Treaty (which was signed at Maastricht on February 7, 1992, and came into force on November 1, 1993). “Type” means a Base Rate Loan or a Eurocurrency Rate Loan. “UCC” has the meaning specified in Section 7.02(e)(ii). “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or an...
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Examples of Total Committed Increase in a sentence

  • If the Total Committed Increase is less than $25,000,000, then the Total Commitments shall not be changed.

  • If the Total Committed Increase is less than $10,000,000, then the Total Commitments shall not be changed.

  • If the Total Committed Increase is less than $25,000,000, then the aggregate amount of the Commitments shall not be changed pursuant to this Section 2.07(c).

  • If the Total Committed Increase is less than $20 million, then the Total Commitments shall not be changed.

  • If the Total Committed Increase is less than $25,000,000, then the aggregate amount of the Commitments shall not be changed pursuant to this Section 2.05(c).

  • If the Total Committed Increase is less than $25,000,000, then the aggregate amount of the Commitments shall not be changed pursuant to this Section 2.01(c).

  • Notwithstanding any --------------------- Beneficiary designation made by the Participant to the contrary, except as otherwise noted below, a married Participant's spouse shall be deemed to be his Beneficiary for purposes of this Plan unless the Participant's spouse consents to the designation of a different Beneficiary.

Related to Total Committed Increase

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

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

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

  • Aggregate Revolving Committed Amount means the aggregate amount of Commitments in effect from time to time, being initially One Hundred Fifty Million Dollars ($150,000,000) (as such amount may be increased as provided in Section 2.5 or reduced as provided in Section 2.9 from time to time).

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

  • Total Incremental Term Loan Commitment means the sum of the Incremental Term Loan Commitments of any Class of Incremental Term Loans of all the Lenders providing such Class of Incremental Term Loans.

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

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

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

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).

  • 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.

  • Term Commitment Increase has the meaning specified in Section 2.14(a).

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

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

  • Revolving Credit Commitment Increase has the meaning specified in Section 2.14(a).

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

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

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

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

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