Optional Increase definition

Optional Increase has the meaning set forth in Section 2.19(a).
Optional Increase has the meaning set forth in Section 2.19(a). “Other Connection Taxes” means, with respect to any Agent or Lender, Taxes imposed as a result of a present or former connection between such Person and the jurisdiction imposing such Tax (other than connections arising from such Person having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). “Other Taxes” has the meaning set forth in Section 2.17(b). “Participant” has the meaning set forth in Section 9.06(b). “Participant Register” has the meaning set forth in Section 9.06(b). “Patriot Act” has the meaning set forth in Section 9.13. “PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under ERISA.
Optional Increase has the meaning set forth in Section 2.19(a). “Other Benchmark Rate Election” means, if the then-current Benchmark is the London Interbank Offered Rate or LIBOR Market Index Rate, as applicable, the occurrence of: (a) a notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed), in lieu of a Dollar LIBOR-based rate, a term benchmark rate that is not a SOFR-based rate as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and (b) the joint election by the Administrative Agent and the Borrower to trigger a fallback from the London Interbank Offered Rate or LIBOR Market Index Rate, as applicable, and the provision by the Administrative Agent of written notice of such election to the Lenders. “Other Connection Taxes” means, with respect to any Agent or Lender, Taxes imposed as a result of a present or former connection between such Person and the jurisdiction imposing such Tax (other than connections arising from such Person having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). “Other Taxes” has the meaning set forth in Section 2.17(b).

Examples of Optional Increase in a sentence

  • Optional) Increase the cache sensitivity thresholds if you have application load performance issues.

  • B Optional Increase in Limitation for Corporations, LLC, and LP [7 CFR 9.6(e)(2)] For CFAP applicants that are a corporation, LLC, or LP, an authorized representative of thelegal entity may seek an increase in the $250,000 payment limitation based on the member’s, stockholder’s, or partner’s contribution of active personal labor or active personal management, or a combination thereof (as defined in 5-PL).

  • Spousal provisions as found in 5-PL do not apply.--*16 Payment Limitation and Payment Eligibility Requirements (Continued) B Optional Increase in Limitation for Corporations, LLC, and LP [7 CFR 9.6(e)(2)] (Continued) The following table provides qualifying requirements for the optional increase in payment limitation.

  • Section 2.10 is hereby added to the Credit Agreement and shall read in its entirety as follows: 2.10 Optional Increase to the Commitments.

  • Pastors and church leaders, including worship leaders, are sometimes elevated to a position of prominence that is hard to justify from the Bible.

  • B Optional Increase in Limitation for Corporations, LLC, and LP [7 CFR 9.6(e)(2)] For CFAP applicants that are a corporation, LLC, or LP, an authorized representative of the legal entity may seek an increase in the $250,000 payment limitation based on the member’s, stockholder’s, or partner’s contribution of active personal labor or active personal management, or a combination thereof (as defined in 5-PL).

  • Optional: Increase the available memory for Maloney if an image over 100 GB should be analyzed or if out of memory errors occur.

  • The Company has also requested pursuant to Section 2.17 of the Credit Agreement to exercise the Revolving Credit Optional Increase available thereunder such that, concurrently with the effectiveness of this Third Amendment and Extension Agreement, the Revolving Credit Aggregate Commitment shall be increased to $345,000,000.

  • The outstanding Revolving Loans, Revolving Loan Commitment Ratios and each Lender’s share of the Letter of Credit Obligations will be reallocated by the Administrative Agent on the effective date of any Optional Increase among the Lenders in accordance with their revised Revolving Loan Commitment Ratios.


More Definitions of Optional Increase

Optional Increase is defined in Section 2.2.3.
Optional Increase has the meaning set forth in Section 2.19(a). “Other Connection Taxes” means, with respect to any Agent or Lender, Taxes imposed as a result of a present or former connection between such Person and the jurisdiction imposing such Tax (other than connections arising from such Person having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). “Other Designated Borrower” has the meaning set forth in Section 9.21(a). “Other Taxes” has the meaning set forth in Section 2.17(b). “Participant” has the meaning set forth in Section 9.06(b). “Participant Register” has the meaning set forth in Section 9.06(b). “Patriot Act” has the meaning set forth in Section 9.13. “PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under ERISA. “Permitted Business” means, with respect to a Borrower, a business that is the same or similar to the business of the Applicable Reporting Entity or any Subsidiary thereof as of the Effective Date, or any business reasonably related thereto. “Person” means an individual, a corporation, a partnership, an association, a limited liability company, a trust or an unincorporated association or any other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. “Plan” means at any time an employee pension benefit plan (including a Multiemployer Plan) which is covered by Title IV of ERISA or subject to the minimum funding standards under Section 412 of the Internal Revenue Code and either (i) is maintained, or contributed to, by any member of the ERISA Group for employees of any member of the ERISA Group or (ii) has at any time within the preceding five years been maintained, or contributed to, by any Person which was at such time a member of the ERISA Group for employees of any Person which was at such time a member of the ERISA Group. “PPL EU” means PPL Electric Utilities Corporation. “PPL EU Commitment Amount” means the 2026 PPL EU Commitment Amount and/or the 2027 PPL EU Commitment Amount, as the context may require. For the avoidance of doubt, from the PPL EU Designated Borrower Effective Date, the sum of (a) the aggregate 2026 PPL EU Commitment Amount of the 2026 Revolving Lenders and (b) the aggregate 20...
Optional Increase is defined in Section 2.2.3. ----------------- -------------
Optional Increase has the meaning set forth in Section 2.19(a). “Other Benchmark Rate Election” means, if the then-current Benchmark is the London Interbank Offered Rate or LIBOR Market Index Rate, as applicable, the occurrence of: (a) a notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties hereto that at least five currently outstanding Dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed), in lieu of a Dollar LIBOR-based rate, a term benchmark rate that is not a SOFR-based rate as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and (b) the joint election by the Administrative Agent and the Borrower to trigger a fallback from the London Interbank Offered Rate or LIBOR Market Index Rate, as applicable, and the provision by the Administrative Agent of written notice of such election to the Lenders.

Related to Optional Increase