Increase Portion definition

Increase Portion means, with respect to any Dissenting Lender, when a Proposed Borrowing Base has been approved by the Borrowing Base Increase Requisite Lenders but not by all of the Lenders, the amount that such Dissenting Lender’s Applicable Percentage (before giving effect to any reallocation described in Section 2.07(c)(iv)) of the Proposed Borrowing Base exceeds such Dissenting Lender’s Applicable Percentage (before giving effect to any reallocation described in Section 2.07(c)(iv)) of the highest Borrowing Base such Dissenting Lender approved in accordance with the terms hereof.
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Increase Portion means, with respect to any Dissenting Lender, when a Proposed Borrowing Base has been approved by the Borrowing Base Increase Requisite Lenders but not by all of the Lenders, the amount that such Dissenting Lender’s Applicable Percentage (before giving effect to any reallocation described in Section 2.07(c)(iv) ) of the Proposed Borrowing Base exceeds such Dissenting Lender’s Applicable Percentage (before giving effect to any reallocation described in Section 2.07(c)(iv) ) of the highest Borrowing Base such Dissenting Lender approved in accordance with the terms hereof.
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Increase Portion means, with respect to any Proposed Borrowing Base Increase, such portion that would increase the existing Borrowing Base.
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Examples of Increase Portion in a sentence

  • Compan y Name Sales $ MillionSales CY 2007 $ Million Percent Increase Portion Capacity Per Day CY 2004 Portion Capacity Per Day CY 2005 Percent Increase Nationality Purchasing AgentSofra/EurestCompass75(CY 2003)250233% In the 1980s, institutional food service providers began emerging in Turkey to provide food service to factories, schools, hospitals, private companies and public sector organizations.

  • Notwithstanding anything to the contrary contained in this Agreement, if the actions contemplated by the foregoing clauses (A) , (B) and (C) are not effectuated for any reason and any Dissenting Lender has not either been replaced or had its entire Increase Portion reallocated in accordance with the foregoing, then the Proposed Borrowing Base shall be deemed not to be approved by the Borrowing Base Increase Requisite Lenders.

Related to Increase Portion

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

  • Applicable Portion means, with respect to any holder of shares of Preferred Stock, a number of shares of Preferred Stock calculated by multiplying the aggregate number of shares of Preferred Stock held by such holder immediately prior to a Qualified Financing by a fraction, the numerator of which is equal to the amount, if positive, by which such holder’s Pro Rata Amount exceeds the number of Offered Securities actually purchased by such holder in such Qualified Financing, and the denominator of which is equal to such holder’s Pro Rata Amount.

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

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

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

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

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

  • Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Increase Notice is defined in Section 2.19.

  • Allocable Portion for purposes of this Plan, means (1) if there is one Distributor, all Earned Distribution and Earned Servicing Fees; or (2) if there are two or more Distributors, the portion of the Earned Distribution Fee and Earned Servicing Fee allocated to a Distributor in accordance with any allocation procedures to which each Distributor shall agree and which accurately allocates the Earned Distribution and Earned Servicing Fees among all Distributors in proportion to the outstanding New Class X Shares attributable to their respective efforts.

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

  • Increase Effective Date has the meaning specified in Section 2.14(d).

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

  • Applicable Unused Line Fee Percentage means, as of any date of determination, the applicable percentage set forth in the following table that corresponds to the Average Revolver Usage of Borrowers for the most recently completed month as determined by Agent in its Permitted Discretion; provided, that for the period from the Closing Date through and including February 28, 2015, the Applicable Unused Line Fee Percentage shall be set at the rate in the row styled "Level II"; provided further, that any time an Event of Default has occurred and is continuing, the Applicable Unused Line Fee Percentage shall be set at the margin in the row styled "Level II": Level Average Revolver Usage Applicable Unused Line Fee Percentage I > 50% of the Maximum Revolver Amount 0.25 percentage points II < 50% of the Maximum Revolver Amount 0.375 percentage points The Applicable Unused Line Fee Percentage shall be re-determined on the first date of each fiscal month of Borrowers by Agent.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

  • Ratable Portion means, with respect to any Note, an amount equal to the product of (a) the amount equal to the net proceeds being so applied to the prepayment of Senior Indebtedness in accordance with Section 10.3(b), multiplied by (b) a fraction, the numerator of which is the outstanding principal amount of such Note, and the denominator of which is the aggregate principal amount of Senior Indebtedness of the Company and its Subsidiaries being prepaid pursuant to Section 10.3(b).

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

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

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Designated Amount means the lesser of:

  • Applicable L/C Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 3.08(a) hereof as set forth in the Pricing Schedule.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Aggregate Revolving Committed Amount has the meaning provided in Section 2.01(a).