Enhanced Reporting Period definition
Enhanced Reporting Period. The period (x) commencing on the date that Excess Availability is less than $20,000,000 and (y) ending on the date that Excess Availability has been greater than $20,000,000 for thirty (30) consecutive days.
Enhanced Reporting Period means any period (a) commencing at any time when Availability shall be less than 20% of the total Revolving Commitments then in effect and (b) ending when Availability shall have been greater than 22.5% of the total Revolving Commitments then in effect for a period of 30 consecutive days.
Enhanced Reporting Period means any period (a) commencing at any time when Availability shall be less than the greater of (i) 20% of the Line Cap and (ii) $80,000,000 and (b) ending when Availability shall have been greater than the greater of (i) 20% of the Line Cap then in effect and (ii) $80,000,000 for a period of 30 consecutive days.”
More Definitions of Enhanced Reporting Period
Enhanced Reporting Period means any period during which a Reporting/Audit Triggering Event exists and has not been cured pursuant to the terms hereof.
Enhanced Reporting Period means a period which shall commence on any date (the “Commencement Date”) on which Excess Availability is less than (a) 12.5% of the Maximum Stated Revolver Amount for three consecutive Business Days or (b) 10% of the Maximum Stated Revolver Amount at any time, and shall continue until the last day of the fiscal quarter after the Commencement Date in which Excess Availability for a period of 45 consecutive days is greater than or equal to 12.5% of the Maximum Stated Revolver Amount.
Enhanced Reporting Period means any period (a) commencing at any time when Availability shall be less than the greater of (i) the lesser of (A) 15% of the total Revolving Commitments then in effect and (B) 15% of the total Borrowing Base then in effect and (ii) $35,000,000 and (b) ending when Availability shall have been greater than the greater of (i) the greater of (A) 17.5% of the total Revolving Commitments then in effect and (B) 17.5% of the total Borrowing Base then in effect and (ii) $40,000,000 for a period of 30 consecutive days.
Enhanced Reporting Period means the period commencing upon the occurrence of an Enhanced Reporting Triggering Event and ending on the occurrence of an Enhanced Reporting Satisfaction Event.
Enhanced Reporting Period means a Bi-Weekly Enhanced Reporting Period or a Weekly Enhanced Reporting Period.
Enhanced Reporting Period means the period (a) commencing on the day that an Event of Default occurs, or Aggregate Availability is less than or equal to (A) at all time during the Terex Transition Period, the greater of (i) $3,500,000 or (ii) 10% of the then outstanding Revolving Commitments and (B) at all times thereafter, the greater of (i) $4,375,000 or (ii) 12.5% of the then outstanding Revolving Commitments; and (b) continuing until, during each of the preceding 60 consecutive days, no Event of Default has existed and Aggregate Availability has been greater than (A) at all time during the Terex Transition Period, the greater of (i) $3,500,000 or (ii) 10% of the then outstanding Revolving Commitments and (B) at all times thereafter, the greater of (i) $4,375,000 or (ii) 12.5% of the then outstanding Revolving Commitments.
Enhanced Reporting Period means the period commencing upon the occurrence of, and during the continuation of, an Enhanced Reporting Event, and continuing until the date that (a) no Event of Default shall be continuing and (b) Excess Availability is greater than or equal to the greater of (i) $10.0 million and (ii) 15.0% of the Line Cap (calculated without giving effect to any Reserves maintained against the Borrowing Base) for a period of at least 20 consecutive calendar days.