Applicable Margin Period means each period which shall commence on a date on which the financial statements are delivered pursuant to Section 8.01(b) or (c), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(b) or (c), as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(b) or (c), as the case may be, provided that the first Applicable Margin Period shall commence with the delivery of the financial statements in respect of the Test Period ending on the last day of Holdings' sixth Fiscal Month in 1999.
Applicable Margin Period means each period which shall commence on the first Business Day (each such day, a “Start Date”) following delivery of the financial statements and Compliance Certificate pursuant to Sections 7.1(b) and 7.2(a) relating to the most recently ended Fiscal Quarter (or the Leverage Certificate pursuant to Section 7.1(d), as applicable). The Applicable Margin Period shall end, in each case, on the earlier of (i) the day immediately preceding the Start Date of the next Applicable Margin Period or (ii) the Expiration Date; provided that the first Applicable Margin Period shall commence on the first Business Day following the delivery of the financial statements and compliance certificate in respect of the Fiscal Quarter ending on December 31, 2006.
Applicable Margin Period means each period which shall commence on the date on which the financial statements are delivered pursuant to Section 8.01(b) or (c), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(b) or (c) as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(b) or (c), as the case may be.
Examples of Applicable Margin Period in a sentence
The definition of "Applicable Margin Period" is hereby amended by deleting such definition in its entirety.
The definition of “Applicable Margin Period” is hereby amended by replacing the proviso at the end of such definition with the following: provided, that the first Applicable Margin Period shall commence on the first Business Day of the month following the delivery of the financial statements in respect to the period ending on June 30, 2003.
More Definitions of Applicable Margin Period
Applicable Margin Period means each period which shall commence on a ------------------------ date on which the financial statements are delivered pursuant to Section 7.1(b) and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 7.1(b) and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 7.1(b), provided that the first Applicable Margin Period shall commence -------- with the delivery of the financial statements in respect of the Test Period ending on the last day of the fourth Fiscal Quarter of Fiscal Year 2002.
Applicable Margin Period has the meaning assigned to such term in the definition of “Pricing Grid”.
Applicable Margin Period is hereby amended by deleting such definition in its entirety.
Applicable Margin Period means each period which shall commence on the first Business Day of the month following the date on which the financial statements and compliance certificate are delivered pursuant to SECTION 7.1(b) and which shall end on the earlier of (i) the date of actual delivery of the next financial statements and compliance certificate pursuant to SECTION 7.1(b), and (ii) the latest date on which the next financial statements and compliance certificate are required to be delivered pursuant to SECTION 7.1(b), PROVIDED that the first Applicable Margin Period shall commence on the first Business Day of the month following the delivery of the financial statements in respect of the Fiscal Quarter ending on March 31, 2005.
Applicable Margin Period means each period which shall commence on a date on which the financial statements are delivered pursuant to Section 8.01(b) or (c), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(b) or (c), as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered to Section 8.01(b) or (c), as the case may be, provided that the first Applicable Margin Period shall commence with the delivery of the financial statements in respect of the Test Period ending on (x) in the case of determining the Senior Leverage Ratio and the Consolidated Interest Coverage Ratio for any Test Period, the last day of Holdings' fiscal quarter ending closest to March 31, 1999, and (y) in the case of determining the Total Leverage Ratio for any Test Period, the last day of Holdings' fiscal quarter ending closest to June 30, 1999.
Applicable Margin Period means each period which shall commence on the first day of the month immediately following a date on which the Financial Statements are delivered pursuant to SECTIONS 7.1(b) OR (d), as applicable, and which shall end on the earlier of (i) the first day of the month immediately following the date of actual delivery of the next Financial Statements pursuant to SECTIONS 7.1(b) OR (d), as applicable, and (ii) the latest date on which the next Financial Statements are required to be delivered pursuant to SECTIONS 7.1(b) OR (d), as applicable, PROVIDED that the first Applicable Margin Period shall commence with the delivery of the Financial Statements in respect of the Test Period ending on September 30, 2003. ARIZONA LLC means Metal Management Arizona, L.L.C., an Arizona limited liability company.
Applicable Margin Period means each period which shall commence on the date on which the financial statements are delivered pursuant to Section 8.01(a) or (b), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(a) or (b) as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(a) or (b), as the case may be, with the first Applicable Margin Period commencing with the delivery of the Borrower's financial statements for its fiscal year ending December 31, 1998.