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 xxxxect to the Category Rules, at any time that either (i) the S&P Credit Rating is BBB or (ii) the Moody's Credit Rating is Baa2.
Sample 1

Examples of Category D Period in a sentence

  • 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.


More Definitions of Category D Period

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
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 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
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

Related to Category D Period

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

  • 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 a DG facility of greater than 200 kW and not more than 1 MW.

  • 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).

  • 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.

  • Designated Period means a period following the termination of the Employee’s employment hereunder equal to the longer of (a) twelve (12) months and (b) the Severance Period. If at any time the provisions of this §9 shall be determined to be invalid or unenforceable, by reason of being vague or unreasonable as to area, duration or scope of activity, this §9 shall be considered divisible and shall become and be immediately amended to only such area, duration and scope of activity as shall be determined to be reasonable and enforceable by the court or other body having jurisdiction over the matter; and the Employee agrees that this §9 as so amended shall be valid and binding as though any invalid or unenforceable provision had not been included herein.

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

  • 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 period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.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).

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% 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.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% 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.

  • 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.

  • Covered Period means the period beginning six (6) months prior to a Change in Control and ending twenty-four (24) months after the Change in Control.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.