Elevated Period definition

Elevated Period means a period of up to two consecutive fiscal quarters following a Material Acquisition, which shall, for the avoidance of doubt, be calculated as commencing on the date of the consummation of a Material Acquisition and ending on the date that is the last day of the second consecutive full fiscal quarter ending thereafter; provided that, at the time of completion of such Material Acquisition, no Default or Event of Default has occurred and is continuing; provided, further, that following the end of an Elevated Period, at least two consecutive fiscal quarters shall elapse before the Issuer may elect to commence another Elevated Period; provided further, however, that the Issuer may not utilize more than four Elevated Periods in the aggregate with respect to any measure herein. For the avoidance of doubt, no Default or Event of Default will be deemed to have occurred or be continuing as a result of a numeric measure contained in Section 10.10, or the definitions of Unencumbered Asset Pool Availability or Unencumbered Asset Pool Value exceeding, during any Elevated Period, the levels otherwise permitted or required during any period that is not an Elevated Period; provided that such measure does not exceed the levels that are permitted or required during such Elevated Period.
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Elevated Period is defined in Section 10.7.
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Elevated Period means a period of up to two consecutive fiscal quarters following a Material Acquisition, which shall, for the avoidance of doubt, be calculated as commencing on the date of the consummation of a Material Acquisition and ending on the date that is the last day of the second consecutive full fiscal quarter ending thereafter; provided that, at the time of completion of such Material Acquisition, no Default or Event of Default has occurred and is continuing; provided, further, that following the end of an Elevated Period, at least two consecutive fiscal quarters shall elapse before the Issuer may elect to commence another Elevated Period; provided further, however, that the Issuer may not utilize more than four Elevated Periods in the aggregate with respect to any measure herein. For the avoidance of doubt, no Default or Event of Default will be deemed to have occurred or be continuing as a result of a numeric measure contained in
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Examples of Elevated Period in a sentence

  • For the avoidance of doubt, in the event that the Parent Guarantor elects to apply the Elevated Ratio, then as at the end of the Relevant Period immediately succeeding the end of the Elevated Period during which such Elevated Ratio was applied, the Parent Guarantor will not permit the ratio of Consolidated Net Debt to Consolidated EBITDA to be greater than 3.00 to 1.00 as aforesaid.

Related to Elevated Period

  • prescribed period means 14 days;

  • Restricted Period means the 40-day distribution compliance period as defined in Regulation S.

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

  • 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.

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

  • 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.

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

  • 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.

  • Restriction Period means any period designated by the Committee during which (i) the Common Stock subject to a Restricted Stock Award may not be sold, transferred, assigned, pledged, hypothecated or otherwise encumbered or disposed of, except as provided in this Plan or the Agreement relating to such award, or (ii) the conditions to vesting applicable to a Restricted Stock Unit Award shall remain in effect.

  • 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.

  • 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.

  • Prohibited Period means the period during which Executive is employed by the Company hereunder and a period of two years following the end of Executive’s employment with the Company.

  • 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:

  • Required Period means (a) 15 business days in the case of construction drawings, and (b) 10 business days in the case of any other plans and specifications (including a space plan). Any such notice of disapproval shall describe with reasonable specificity the basis for Landlord’s disapproval and the changes that would be necessary to resolve Landlord’s objections.

  • 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.

  • Protected Period means the period that begins on the date six months before a Change in Control and ends on the later of the first annual anniversary of the Change in Control or the expiration date of this Agreement.

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Applicable Period See Section 2(b) hereof.

  • Period shall have the meaning ascribed to it in Schedule 8;

  • Forfeiture Period means the period from the Grant Date until the Forfeiture Date.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

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

  • Work period means the period specified in a Plan when an employee is at work.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.