Definition of Temporary Increase

  1. Temporary Increase means the several temporary increases, by each of the Temporary Increase Lenders, of their respective Multicurrency Revolving Commitments, as specified on Schedule I and as reduced from time to time in accordance with Sections 2.08(e)(iii) and 2.08(f), taken as a whole. The Temporary Increase shall expire on the Temporary Increase Expiry Date.

Examples of Temporary Increase in a sentence

  1. Buyer may from time to time, in its sole and absolute discretion, consent to such Temporary Increase, which consent shall be in writing as evidenced by Buyers delivery to Seller of a countersigned Request for Temporary Increase.
  2. 90 of $64,500,000 excess of $254,100,000 (optional Temporary Increase in Coverage Limit).
  3. Approval Levels for Temporary Increase: - Branch Manager up to [ * ] - Regional Manager up to [ * ] - Vice President up to [ * ] - COO/Director of Financial Services up to[ * ] - COO & Director of Financial Services over [ * ] MAXIMUM TERM FOR A TEMPORARY INCREASE IS [ * ].

Definition of Temporary Increase in Agreement

Temporary Increase means the several temporary increases, by each of the Temporary Increase Lenders, of their respective Multicurrency Revolving Commitments, as specified on Schedule I and as reduced from time to time in accordance with Sections 2.08(e)(iii) and 2.08(f), taken as a whole. The Temporary Increase shall expire on the Temporary Increase Expiry Date.