Category D Period definition

Category D Period subject to the Category Rules, at any time that either (i) the S&P Credit Rating is BBB+ or (ii) the Xxxxx’x Credit Rating is Baa1.
Sample 1Sample 2
Category D Period shall exist at any time (i) Holdings has received gross cash proceeds of at least $200,000,000 from the sale after the Closing Date of its Equity Interests pursuant to a public offering of common stock, (ii) any Tranche II Term Loans remain outstanding and (iii) the Net Leverage Ratio is less than 4.50 to 1.00.
Sample 1Sample 2
Category D Period means any period during which at all times the Credit Rating is BB or above but lower than BBB- (to the extent that the Credit Rating at the time of determination is the Applicable Credit Rating assigned by S&P) or Ba2 or above but lower than Baa3 (to the extent that the Credit Rating at the time of determination is the Applicable Credit Rating assigned by Moody's).
Sample 1

Examples of Category D 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 D Period

Category D 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 0.25:1.0 but less than 0.3:1.0 (it being understood that if the foregoing ratio is satisfied, such period shall be a Category D 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).
Sample 1
Category D Period means, subject to the Category Rules, any time that either (i) the S&P Credit Rating is B+ or lower or (ii) the Xxxxx’x Credit Rating is B1 or lower.
Sample 1
Category D Period. The Applicable Leverage Ratio is greater than or equal to 0.335 to 1.0 AND the Applicable Credit Rating is BB+/Ba1 or above, but none of a Category A Period, a Category B Period nor a Category C Period is in effect at such time.
Sample 1

Related to Category D Period

  • Fixed Period means the period for which a listed issuer must retain a Compliance Adviser under rule 3A.19;

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

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

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • 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.

  • 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).

  • Specified Period means the period beginning on the commencement date and terminating in accordance with section 72(6) of the Act;

  • Hire Period means the period commencing when the Customer holds the Hire Goods on hire (including Saturdays Sundays and Bank Holidays) and ending upon the happening of any of the following events:

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

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

  • prescribed period means 14 days;

  • Defined Period means for any given calendar month or date of determination, the twelve (12) month period ending on the last day of such calendar month or if such date of determination is not the last day of a calendar month, the twelve (12) month period immediately preceding any such date of determination.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Index year means the earliest calendar year in which the

  • Closed Period means (i) ten quotation days preceding and three quotation days following the disclosure to the public of the consolidated financial statements or annual statement of the Company; or (ii) the period as from the date the corporate management possesses material information which could, if disclosed to the public, significantly impact the quotation of the Shares of the Company, until ten quotation days after the day such information is disclosed to the public.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

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

  • 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.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • 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;

  • 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;