Increase Date Clause Samples
The Increase Date clause defines the specific date on which a party’s commitment, obligation, or entitlement under an agreement is increased. In practice, this clause is used to schedule when a loan facility’s limit is raised, when additional funds become available, or when a party’s responsibilities expand according to a pre-agreed timeline. Its core function is to provide clarity and certainty regarding the timing of changes to contractual amounts or obligations, thereby preventing disputes and ensuring all parties are aware of when increases take effect.
Increase Date. See §2.11(a).
Increase Date. For the purposes of this Clause 10, “
Increase Date. Jan-14 1-Apr-15 1-Feb-16 1-Apr-16 1-Feb-17 1-Apr-17 1-Feb-18 1-Apr-18 1-Feb-19 1 For administrative ease, the 2% salary stipend that was negotiated into the 2005 – 2010 salary scales have been included in the base salaries that are reflected in these scales.
Increase Date. Jan-14 1-Apr-15 1-Feb-16 1-Apr-16 1-Feb-17 1-Apr-17 1-Feb-18 1-Apr-18 1-Feb-19
Increase Date. When the original appointment, promotion, or other significant personnel action has occurred between the first and the fifteenth of a month, the step increase date will be the first of the month. When the original appointment, promotion, or other significant personnel action has occurred between the sixteenth and the end of the month, the step increase date shall be the first of the following month. When an employee is granted nonpaid leave of absence of 50 percent or more of the regularly scheduled working hours in a calendar month, the employee will not earn credit for said month. The date of salary progression shall be adjusted accordingly.
Increase Date. June 28, 2025, and each successive annual anniversary thereof.
Increase Date. In the event one or more of the condominium units are sold, Base Rent shall be reduced proportionately.
Increase Date. As between the Company, the Banks and Assuming Bank, the effective date for this Agreement shall be February 24, 2000 (the "Increase Date") provided that this Agreement shall be executed and delivered by the Company and the Assuming Bank, and consented to by the Agent under the Facility A and Facility B Credit Agreements.