Deficiency Period definition

Deficiency Period means any period of time commencing on the date that the Administrative Agent notifies the Borrower of the existence of a Borrowing Base Deficiency and ending on the date which is six (6) months thereafter.

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Deficiency Period has the meaning set forth in Section 10.5.

Deficiency Period means any six (6) month period during which the sum of the aggregate principal balance outstanding under the Notes, plus the LC Exposure, exceeds the Borrowing Base.

Examples of Deficiency Period in a sentence

• Seller shall transfer the Green Tags to PacifiCorp in accordance with Section 4.6 during the Renewable Resource Deficiency Period.

• If the Deficiencies are not corrected within --------------------------- such Second Deficiency Period, HOC and MIKN will meet in person to review the Base TT System.

• In determining the number of tons to be used in calculating the Deficiency Management Fee, the budgeted tons for each day of the Deficiency Period will be determined by dividing the monthly tons by the number of days in the month.

• If MIKN specifies Deficiencies, HOC will exert best efforts to correct the Deficiencies within a mutually agreed time period, not to exceed [] days ("Second TT Deficiency Period").

• Operator may disassociate the Hotel from the Brand and other Trademarks during the Operating Standard Deficiency Period, but continue to Operate the Hotel as an unbranded Hotel under the terms of this Agreement.

More Definitions of Deficiency Period

Deficiency Period means any period commencing upon any date that the Agent determines that (i) the aggregate principal amount of all Senior Debt exceeds the Borrowing Base then in effect or (ii) those ratios with respect to the Term Loans set forth in Section 3.1.3 are not satisfied, and continuing until the date that, pursuant to the redetermination of the Borrowing Base or the determination of a Revised Borrowing Base, or by reason of mandatory prepayments or scheduled repayments, (i) with respect to Revolving Loans, the aggregate outstanding principal amount of Senior Debt no longer exceeds the Borrowing Base or (ii) with respect to Term Loans outstanding,

Deficiency Period means the period during which the Revolving Exposure exceeds the Borrowing Base and an Event of Default does not exist.

Deficiency Period means the Renewable Resource Deficiency Period as defined in Buyer’s Schedule 201, Qualifying Facility 10 MW or Less Avoided Cost Power Purchase Information, approved by the Public Utility Commission of Oregon for service on and after the Effective Date.

Deficiency Period means, any period during a Measurement Period where Performance is less than the Benchmark. The Performance Fee in any given Measurement Period shall be calculated by subtracting the Benchmark’s return from the Fund’s return expressed as a percentage, and if the result is a positive number, multiplying it by 20%, and then multiplying that result by the market value of the assets held in the Fund. No calculation or accrual of Performance Fees shall occur during a Deficiency Period. Performance Fees will be calculated and accrued on any Business Day that is not in a Deficiency Period and payable by the Fund quarterly in arrears.

Deficiency Period is defined in Section 7.21.

Deficiency Period means any three (3) month period during which a Borrowing Base Deficiency exists.

Deficiency Period means, when availability under this Agreement is governed by the Borrowing Base, any period commencing upon any date when the aggregate Credit Exposures outstanding exceeds the Applicable Borrowing Base then in effect, and continuing until the date that, pursuant to the redetermination of the Borrowing Base, or by reason of prepayments of the Loans, the aggregate Credit Exposures outstanding no longer exceed the Applicable Borrowing Base then in effect.