Prior Increase definition

Prior Increase means any increase to the Revolving Facility Commitment Amount and/or the Term Facility Commitment Amount pursuant to Sections 1.8 and/or 1.9 of this Agreement prior to the date of any subsequent increase of the Revolving Facility Commitment Amount and/or the Term Facility Commitment Amount pursuant to Sections 1.8 and/or 1.9 of this Agreement.

Examples of Prior Increase in a sentence

  • The Increase shall take effect on the date following the expiration of the period for the ("Prior Increase") which immediately preceded the effective date of the Law.