Diligence Trigger Period definition

Diligence Trigger Period means the period beginning upon the occurrence of a Diligence Trigger Event and ending on (a) if such Diligence Trigger Event arises as a result of an Event of Default, the date such Event of Default is waived in accordance with this Agreement, or (b) if such Diligence Trigger Event arises as a result of an event described in clause (b) of the definition of Diligence Trigger Event, the date Availability has equaled or exceeded twenty-five percent (25.0%) of the Aggregate Loan Cap for a period of thirty (30) consecutive calendar days.
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Diligence Trigger Period means any period commencing upon the occurrence of a Diligence Trigger Event and continuing to (a) if such Diligence Trigger Event arises as a result of an Event of Default, the date such Event of Default is waived in accordance with this Agreement (and no other Event of Default then exists), or (b) if such Diligence Trigger Event arises as a result of an event described in clause (b) of the definition of Diligence Trigger Event, the date upon which Availability (as calculated without giving effect to the Borrowing Base Block during the Availability Block Period) has equaled or exceeded the greater of (i) twenty-five percent (25.0%) of the Loan Cap and (y) $65,000,000, for a period of thirty (30) consecutive calendar days.
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Related to Diligence Trigger Period

  • Trigger Event shall have the meaning specified in Section 14.04(c).

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.