Incremental Transactions definition

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Incremental Transactions means, collectively, the number of Transactions, in excess of the number of Base Transactions, for which the Customer is required to pay the corresponding Incremental Transaction Fee specified in the applicable ordering document for a given Billing Cycle. 「增量交易」係指於特定請款週期內，依據適用訂購文件所載明，超出基礎交易數量且須由客戶支付相應增量交易費用之交易，其數量之總稱。 “Recurring Fee” means the fee to be paid for each Billing Cycle as specified in the applicable Order Form for the unit-based Extended Services. 「週期費用」係指以單位計算的延伸服務之適用訂購單中所指定每個請款週期要支付的費用。

Examples of Incremental Transactions in a sentence

The proceeds of the 2019-B Term Loans shall be used solely to consummate the Incremental Transactions.
Use the proceeds of the Incremental Term Loans made on the Incremental Amendment Effective Date, together with any equity contribution from the Sponsors and other equity investors and cash on hand, for the following purposes: (i) effect the Acquisition and the Debt Repayment (each as defined in Incremental Amendment No. 1), (ii) pay costs and expenses related to the 2018 Incremental Transactions and (iii) for working capital and general corporate purposes.
The Incremental Transactions shall have been consummated or shall be consummated substantially simultaneously with the funding of the Incremental Term Loan on the Incremental Effective Date in accordance with applicable law.
The Administrative Agent shall have received a solvency certificate from the chief financial officer (or a similar Authorized Officer) of the Borrower and Holdings in the form of Exhibit J to the Credit Agreement, which certifies that the Borrower and Holdings and its Restricted Subsidiaries, on a consolidated basis, are, and immediately after giving effect to the Incremental Transactions, will be, Solvent.
On the Incremental Effective Date, immediately before and after giving effect to the Incremental Transactions, no Default shall have occurred and be continuing.

More Definitions of Incremental Transactions

Incremental Transactions means, collectively, the number of Transactions, in excess of the number of Base Transactions, for which Customer is required to pay the corresponding Incremental Transaction Fee specified in this Sales Order Form for a given Billing Cycle during the term of the BSA; provided that, for any order of Meeting Management, the measurement period for excess Transactions shall be an Annual Period and any excess Transactions in such Annual Period shall be paid monthly in arrears of the month in which such excess occurs.

Incremental Transactions means, collectively, the number of Transactions, in excess of the number of Base Transactions, for which the Customer is required to pay the corresponding Incremental Transaction Fee specified in the applicable ordering document for a given Billing Cycle. 「増分トランザクション」とは、集合的に、所定の「請求サイクル」について、該当する発注書に記載された対応する「増分トランザクション料金」を顧客が支払う必要がある、「基本トランザクション」の数を超えた「トランザクション」の数をいう。 “Recurring Fee” means the fee to be paid for each Billing Cycle as specified in the applicable Order Form for the unit-based Extended Services. 「定期料金」とは、単位ベースの「拡張サービス」について、該当する「注文書」に明記された各「請求サイクル」に対して支払われるべき料金をいう。

Incremental Transactions means, collectively, (a) the execution, delivery and performance by each Loan Party of each Loan Document contemplated by this Amendment (or any amendment to a Loan Document contemplated by this Amendment) to which it is a party, (b) in the case of the Parent Borrower, the borrowing of the Incremental Term Loan in accordance with the terms of this Amendment, (c) the use of the proceeds from the Incremental Term Loan to repay outstanding U.S. Revolving Loans on the Incremental Effective Date and (d) the payment of the fees, costs and expenses in connection with the incurrence of the Incremental Term Loan.

Incremental Transactions means, collectively, the number of Transactions, in excess of the number of Base Transactions, for which the Customer is required to pay the corresponding Incremental