Available Increase Amount definition

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the Agreement.

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $150,000,000 minus (b) the aggregate principal amount of Increases to the Term Loan Amount previously made pursuant to Section 2.13.

Examples of Available Increase Amount in a sentence

• Additionally, for the avoidance of doubt, it is understood and agreed that in no event shall the aggregate amount of the Increases to the Revolver Commitments exceed the Available Increase Amount.

• Any Increase shall be in an amount of at least the lesser of (x) $15,000,000 and (y) the Available Increase Amount and integral multiples of $5,000,000 in excess thereof.

• Any Increase shall be in an amount of at least $5,000,000 (or such lesser amount as then equals the Available Increase Amount) and integral multiples of $1,000,000 in excess thereof.

• Once reduced, the Revolver Commitments may not be increased except to the extent of any Available Increase Amount then available.

• For the avoidance of doubt, the parties agree and acknowledge that the Term A-1 Facility constitutes an Incremental Term Loan effectuated pursuant to this Section 2.16 as of the First Amendment Closing Date, and constitutes usage of the Available Increase Amount.

More Definitions of Available Increase Amount

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000 minus (b) the aggregate principal amount of increases to the Commitments and the Maximum Revolver Amount made after the Sixth Amendment Effective Date and on or prior to such date of determination pursuant to Section 2.2 of the Agreement.”

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolving Credit Facility Commitment previously made pursuant to Section 2.19 of this Agreement.

Available Increase Amount means an amount equal to (a) $600,000,000 minus (b) the aggregate principal amount of all Permitted Pari Passu Indebtedness incurred since the Closing Date that is in excess of $250,000,000 in the aggregate.

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $75,000,000 minus (b) the Dollar Equivalent of the aggregate principal amount of Increases to the US Term Loan Amount and the Canadian Term Loan Amount previously made pursuant to Section 2.15 of the Agreement.

Available Increase Amount means $0.

Available Increase Amount means, as of any date of determination, an amount equal to the result of

Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the