Blockage Period definition

Blockage Period has the meaning provided in Section 10.02.

Blockage Period means a period of time beginning on the date a Blockage Notice is delivered to Subordinated Creditor and terminating on the earlier to occur of:

Blockage Period means a Non-Payment Blockage Period or a Payment Blockage Period.

Examples of Blockage Period in a sentence

• Not more than one Payment Blockage Period may be commenced with respect to the Securities during any period of 360 consecutive days.

• Notwithstanding anything in this Indenture to the contrary, there must be 180 consecutive days in any 360-day period in which no Payment Blockage Period is in effect.

• Notwithstanding anything in this Indenture to the contrary, there must be 180 consecutive days in any 360-day period in which no Securities Guarantee Payment Blockage Period is in effect.

• Not more than one Securities Guarantee Payment Blockage Period may be commenced with respect to the Securities Guarantees during any period of 360 consecutive days.

• No more than one Payment Blockage Period may be commenced with respect to the Subsidiary Guarantees during any 360-day period and there shall be a period of at least 181 consecutive days in each 360-day period when no Payment Blockage Period is in effect.

More Definitions of Blockage Period

Blockage Period has the meaning provided in Section 12.02.

Blockage Period has the meaning provided in Section 10.02(a).

Blockage Period has the meaning provided in Section 9.02 hereof. ---------------

Blockage Period any period commencing on the date a Blockage Notice is given and ending on the earlier to occur of:

Blockage Period shall have the meaning given to such term in Section 3.5;

Blockage Period means a Senior Blockage Period, a Second Senior Blockage Period, a Third Senior Blockage Period, a Fourth Senior Blockage Period or an Intervening Blockage Period, as the context may require.

Blockage Period has the meaning specified in Section 1203.