Additional Increase definition
Examples of Additional Increase in a sentence
Any Additional Increase shall be in an amount of at least $20,000,000 and integral multiples of $5,000,000 in excess thereof.
For the avoidance of doubt, a Transfer Certificate, Assignment Agreement, Increase Confirmation or Additional Increase Confirmation shall not be invalidated by any failure of a Lender to comply with this Clause 16.5.
An option to increase the Face Amount of this contract will become effective on each Fixed Increase Option Date and each Additional Increase Option Date (see paragraphs 5c and 5d) if less than the Maximum Number of Options have been used to increase the Face Amount.
If the Aggregate Commitments are increased in accordance with this Section with respect to an Additional Increase, the Administrative Agent, in consultation with the Lead Borrower, shall determine the effective date (each, an “Additional Increase Effective Date”) and the final allocation of such Additional Increase.
The Administrative Agent shall notify the Lead Borrower and each Lender of the Lenders’ responses to each Additional Increase Request.
An option to increase the Face Amount of this contract will become effective on each Fixed Increase Option Date and each Additional Increase Option Date (see paragraphs 4c and 4d) if less than the Maximum Number of Options have been used to increase the Face Amount.
Agreement No. 1 (One) on Inclusion of New Concepts with Additional Increase of the Unit-Price Government Construction Contract Amount No. 424048860 entered into by and between PEMEX – Exploración y Producción, a public decentralized entity of the federal government, hereinafter referred to as “PEP”, represented by ▇▇.
An Additional Increase Option Date occurs upon each of the following events which takes place between the date of issue of this rider and the Rider Anniversary after the Insured's 43rd birthday: 1) Marriage of the Insured; 2) Birth of each live child born to the Insured; and 3) Legal adoption of a child by the Insured.
Subject to Clause 2.2 (Increase) and Clause 2.3 (Additional Increase), no amount of the Total Commitments cancelled under this Agreement may be subsequently reinstated.
Loss will be calculated as any combination of gross revenue; and Additional Increase in Cost of Working during the indemnity period.