Examples of Incremental Bank in a sentence
Under exceptional circumstances, if additional resources are needed to facilitate community participation or NGO collaboration under particularly difficult conditions, incremental Bank costs can be requested up to 9 percent of the total grant amount.Amount requested in USD200,000The Task Team is requesting Incremental Bank Costs of $200,000 (equavalent to $60,000 per year for first two years and$40,000 per year for the subsequent two years).
Supplier will ship Inventory Bank Parts as directed by GM as they are produced, but not until GM approves the Incremental Bank Costs (defined below) associated with such shipment.
Table 4.2. Incremental Bank Budget Funding of Operational Units by Purpose, FY08–09 ($ Million) Purpose of incremental fundinga/ Twenty-six countries were initially nominated by Regional vice presidencies; each country team was provided with incremental funds of $0.1 million.
As such, Incremental Bank costs will be requested for supervision of the Grant and technical support by the Bank Senior Social Development Specialist.
The covenants for the Unsecured Exchange Notes will include credit facilities and liens capacity equal to the greater of (a) the Bank Facilities plus the capacity under the Incremental Bank Facilities (as in effect under the Bank Facilities Documentation on the Closing Date) and (b) an amount such that the Senior Secured Leverage Ratio is no greater than the Senior Secured Leverage Ratio as of the Closing Date.
The Incremental Term Loans shall be effected by a joinder agreement (the “Increase Joinder”) executed by the Company, the Administrative Agent and each Incremental Bank making such Incremental Term Loan, in form and substance reasonably satisfactory to each of them.
Pursuant to a placing agreement dated 8 February 2012, 64,900,000 shares were issued and allotted at a consideration of HK$0.365 per share on 17 February 2012.
The parties hereto acknowledge and agree that upon the Agreement Effective Date (as defined below), the Incremental Commitment of each Incremental Bank shall become, or in the case of an existing Bank under the Credit Agreement, shall be added to (and thereafter become a part of), the Commitment of such Incremental Bank.
Section 2.2 Incremental Bank CostsThe costs of normal supervision are expected to be covered through the administrative budget and fee provision.
The parties hereto further agree that, with respect to the Incremental Commitment provided by each Incremental Bank pursuant to this Agreement, such Incremental Bank shall receive from the Borrower such upfront fees, unutilized commitment fees and/or other fees, if any, as may be separately agreed to in writing with Borrower and acknowledged by the Administrative Agent, all of which fees shall be due and payable to such Incremental Bank on the terms and conditions set forth in each such separate agreement.