Temporary Increase Period definition

Temporary Increase Period has the meaning specified in Section 6.20.

Temporary Increase Period means with respect to any calculation of the Total Leverage Ratio and Senior Leverage Ratio, (i) any period (a) beginning on the date of the delivery of the notice required pursuant to the following clause (ii) for a Material Joint Venture Project with respect to which the Borrowers do not exercise their option to make a Material Project EBITDA Adjustment, and ending on the last day of that fiscal quarter of the Consolidated Group occurring on or before the date that is twelve months after the Commercial Operation Date for such Material Joint Venture Project, or (b) beginning on the closing date of a Permitted Acquisition for which the aggregate consideration exceeds $40,000,000 and ending on the last day of the third fiscal quarter of the Consolidated Group ending after such closing date (provided, that if such closing date for such Permitted Acquisition occurs on the last day of a fiscal quarter of the Consolidated Group, the Temporary Increase Period for such Permitted Acquisition shall be the immediately following three full fiscal quarters of the Consolidated Group after such date, and if such closing date for such Permitted Acquisition occurs on a date that is not the last day of a fiscal quarter of the Consolidated Group, such Temporary Increase Period shall include the remainder of the fiscal quarter of the Consolidated Group in which such closing occurs and the immediately following two full fiscal quarters of the Consolidated Group after such fiscal quarter), and (ii) with respect to which the Borrowers have notified the Administrative Agent not less than 15 days (or such shorter time period as agreed by the Administrative Agent) (which such 15 days or such shorter period may be concurrent with, but may not begin before, the time period commencing upon Borrowers’ Agent’s delivery of a Material Project Designation Notice until the Material Project Designation Date) prior to an applicable Temporary Increase Period that the Borrowers will be exercising a Temporary Increase Period.

Temporary Increase Period means the period commencing June 29, 2017 through and including August 31, 2017.

Examples of Temporary Increase Period in a sentence

• The Borrowers shall not, as of the last day of each fiscal quarter of the Consolidated Group during such period, permit the Total Leverage Ratio to be greater than 5.25 to 1.00; provided that, notwithstanding anything in the foregoing to the contrary, during any Temporary Increase Period, the Borrowers shall not as of the last day of each such fiscal quarter of the Consolidated Group during such Temporary Increase Period permit the Total Leverage Ratio to be greater than 5.50 to 1.00.

• No Borrower shall, as of the last day of each calendar month, permit the ratio of such Borrower’s Debt to its Total Eligible Asset Value to exceed (i) 0.15 to 1.0 during the Temporary Increase Period and (ii) 0.10 to 1.0 for all other times.

• F-13On August 4, 2021, the parties to the TBK Agreement entered into a First Amendment Agreement to increase the credit facility from $30.0 million to $40.0 million during the Temporary Increase Period, the period commencing on August 4, 2021, through and including December 2, 2021, with all other terms of the original TBK Agreement remained unchanged.

• Secondly, while it may well be in the best interests of children to change their living arrangements if one of their parents is frustrating their relationship with the other parent who is able to offer them a good and loving home, this is unlikely to be in their best interests while that relationship is in fact being maintained in accordance with the court’s order.

• Xxxxxxx Title: Vice President Commitment = $20,000,000.00 ($22,307,692.00 during Temporary Increase Period) BoS (USA) INC.

More Definitions of Temporary Increase Period

Temporary Increase Period. The period of time from the date of this Amendment No. 3 to and including the Temporary Increase Expiration Date."

Temporary Increase Period means the period commencing as of January 30, 1998 and ending on June 30, 1998; provided, however, that the Temporary Increase Period shall terminate automatically, without notice, upon the occurrence of an Event of Default or any event or existence of any state of facts that would, with notice or passage of time, or both, constitute an Event of Default. The temporary increase in one of the components of the lending formula in respect of Eligible Inventory provided for herein during the Temporary Increase Period shall nevertheless be subject to Lender's rights to establish and revise Availability Reserves, as well as the sublimits and other rights and remedies of Lender pursuant to the Loan Agreement and other Financing Agreements. Upon the termination of the Temporary Increase Period, the percentage set forth in clause (i)(A) of Section 2.1(a) shall automatically revert to sixty (60%) percent.

Temporary Increase Period means the period from the First Amendment Effective Date through August 12, 2012.

Temporary Increase Period means, during any calendar year, the period commencing on the date Agent’s approves Borrower’s request to increase the Maximum Revolver Amount to the Temporary Increase Revolver Amount, as provided for in Section 2.6(d), and ending on the date which is one hundred twenty (120) days after such date; provided, however, unless approved in writing by the Agent, that there shall be no more than one Temporary Increase Period during any calendar year and no Temporary Increase Period may extend beyond the Maturity Date.

Temporary Increase Period means the period from November 15, 2007 through and including February 29, 2008.”

Temporary Increase Period means the period commencing on August 4, 2021 through and including December 2, 2021; and

Temporary Increase Period means the period beginning on May ___, 2008 and ending on the earlier to occur of (i) the closing of the proposed amendment to this Credit Agreement providing for a $20,000,000 acquisition term loan to be extended to the Borrower by the Lenders and (ii) July 31, 2008. THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT THIS THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is dated as of the 1st day of July, 2008 and is by and among MISTRAS GROUP, INC. (formerly known as Mistras Holdings Corp.), a Delaware corporation (the “Borrower”), BANK OF AMERICA, N.A., as Agent, Co-Lead Bookrunner and L/C Issuer (the “Agent”), JPMORGAN CHASE BANK, N.A., as Co-Lead Bookrunner (“JPMorgan Chase”) and each lender from time to time party hereto (collectively, “Lenders” and individually, a “Lender”).