Category B Period definition

Category B Period subject to the Category Rules, at any time that either (i) the S&P Credit Rating is A- or better or (ii) the Moody's Credit Rating is A3 or better and in either cxxx x Xategory A Period is not then in effect.
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Category B Period shall exist at any time (i) the Tranche II Term Loans have been refinanced in full pursuant to the Tranche II Term Loan Refinancing and (ii) a Category E Period or Category F Period is not then in effect.
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Category B Period means a period during which the Leverage Ratio of the Borrower as of the last day of the then most recently ended calendar quarter for which the Borrower has delivered financial statements pursuant to Section 5.3(a) or (b) is greater than or equal to 0.15:1.0 but less than 0.2:1.0 (it being understood that if the foregoing ratio is satisfied, such period shall be a Category B Period from and including the date of delivery of such financial statements to but excluding the date of the next delivery of such financial statements).
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Examples of Category B Period in a sentence

  • The definition of "Applicable Margin" appearing in Section 10.01 of the Credit Agreement is hereby amended by deleting Table B contained therein in its entirety and inserting the following new Table B in lieu thereof: Table B Eurodollar Applicable Rating Base Rate CD Rate Rate Period Margin Margin Margin Category A Period 0% .625% .5% Category B Period 0% .75% .625% Category C Period 0% .875% .75% Category D Period 0% 1.125% 1% Category E Period .125% 1.25% 1.125% 3.

  • Section 1.1 of the B Credit Agreement is hereby amended by deleting the definition of "Facility Fee Percentage" in its entirety and inserting in lieu thereof the following definition: "Facility Fee Percentage": a percentage equal to at any time (i) during a Category A Period, 0.0600%, (ii) during a Category B Period, .0675%, (iii) during a Category C Period, .0800%, (iv) during a Category D Period, .1250% and (v) during a Category E Period, .2000%." 3.

  • Category F Period None of a Category A Period, a Category B Period, a Category C Period, a Category D Period or a Category E Period is in effect at such time.

  • Section 1.1 of the B Credit Agreement is hereby amended by deleting the definition of "Facility Fee Percentage" in its entirety and inserting in lieu thereof the following definition: ""Facility Fee Percentage": a percentage equal to at any time (i) during a Category A Period, .0500%, (ii) during a Category B Period, .0550%, (iii) during a Category C Period, .0650%, (iv) during a Category D Period, .1000% and (v) during a Category E Period, .1500%." 5.


More Definitions of Category B Period

Category B Period means, subject to the Category Rules, any time that (i) Category A Period is not applicable, (ii) the S&P Credit Rating is BB or higher and (iii) the Xxxxx’x Credit Rating is Ba2 or higher.
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Category B Period subject to the Category Rules, at any time that either (i) the S&P Credit Rating is A+ or (ii) the Xxxxx’x Credit Rating is A1.
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Category B Period shall exist at any time if (i) Holdings has received cash proceeds from the sale after the Closing Date of its Equity Interests pursuant to a public offering of common stock and (ii) the Net Leverage Ratio is less than or equal to 4.75 to 1.00 as at the last day of the most recent fiscal quarter for which financial statements have been, or were required to be, delivered pursuant to Section 5.04(a) or (b), as applicable. Notwithstanding the foregoing, at any time during which (i) the Borrower has failed to deliver the certificate required under Section 5.04(c) with respect to a fiscal quarter following the date the delivery thereof is due or (ii) a Default or Event of Default is in existence, the Category Period shall be deemed, solely for the purposes of this Schedule A, to be a Category A Period, until such time as the Borrower shall deliver such certificate or such Default or Event of Default shall be cured or waived.
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Category B Period. “Category C Period”, “Category D Period”, “Category E Period”, “Category F Period” and “Facility Fee Percentage” appearing in said subsection in their entirety and inserting the following new definitions in lieu thereof:
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Category B Period shall exist at any time no other Category Period is then in effect.
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Related to Category B Period

  • Category B means that the base prospectus shall include all the general principles related to the information required, and only the details which are unknown at the time of the approval of the base prospectus can be left in blank for later insertion in the final terms;

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Category 2 Training: This category includes services related to training state employees to understand and apply Agile concepts and tools.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Category A means the relevant information which shall be included in the base prospectus. This information cannot be left in blank for later insertion in the final terms;

  • Category 3 means those affected lands and support facilities if those lands supported operations which were not completed or substantially completed prior to July 1, 1973 (the effective date of the Wyoming Environmental Quality Act) and any affected lands or support facilities taken out of use on or after July 1, 1973 and before May 25, 1975 (the effective date of the Division’s 1975 Rules and Regulations).

  • Fixed Period means, with respect to any Receivable Interest:

  • Extended Period As defined in Section 9.04(b).

  • Category 1 means medical education activities that have been designated as Category 1 by the Accreditation Council for Continuing Medical Education (ACCME), the American Osteopathic Association (AOA), a state medical society, or an equivalent organization.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Crop year means any 12 month period which represents the planting, growing, harvesting and marketing of an insurable crop, as stated in the Schedules;

  • M2 Target Amount For any Distribution Date, an amount equal to the lesser of (a) the product of (1) 75.40% and (2) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (1) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (2) the Overcollateralization Floor.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 94.50% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.