Total Committed Increase definition

Total Committed Increase has the meaning specified in Section 2.05(c)(v).
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 Eu▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇nd 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...

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.

  • INVESCO hereby employs ICM to act as investment adviser to the Company and to furnish, or arrange for affiliates of ICM to furnish, the investment advisory services described below, subject to the broad supervision of INVESCO and the Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement.

  • 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 shall be greater than the Proposed Aggregate Commitment Increase, then the Proposed Aggregate Commitment Increase shall be allocated, in such a manner as the Borrowers and the Agent shall agree, among the Lenders (in each case not to exceed their respective Proposed Increased Commitments) and to the New Lenders (in each case not to exceed their respective Proposed New Commitments).