Flexible Period definition

Flexible Period means such period, of each of both Forecasts, immediately following the Fixed Period, namely (i) [*] for the Cartridges and the Pens; and (ii) [*] for the Finished Products.
Flexible Period shall have the meaning set forth in the IDB Indenture.
Flexible Period means any period of not less than one month in duration, commencing on a Flexible Conversion Date and ending on the earlier to occur of the redemption of the Bonds, the maturity of the Bonds or the day preceding the subsequent Conversion Date or Flexible Reset Date, as appropriate.

Examples of Flexible Period in a sentence

  • The Remarketing Agent, on or before the commencement of each Flexible Period, shall determine the Flexible Rate to be borne by the Bonds during such Flexible Period, which shall be the lowest rate that, in its sole judgment having due regard for prevailing financial market conditions, will permit the Bonds to be sold at par on the first day of such Flexible Period.

  • The Borrower's conversion notice shall specify the Conversion Date (which date shall be not sooner than 25 days (if the Bonds are in the Weekly Mode or Flexible Mode) or 15 days (if the Bonds are in the Bank Purchase Mode) after the date such notice is given) and if the conversion is to a Flexible Period, shall specify the duration of such Flexible Period.

  • Upon a conversion of the Bonds to the Flexible Mode, the duration of the initial Flexible Period shall be that period specified in the Borrower's conversion notice delivered pursuant to Section 2.02(e)(i) for the purpose of effecting such conversion.

  • Except when the Bonds are in a Book-Entry Only System pursuant to Section 2.8, promptly following determination of the Flexible Rate, the Trustee shall direct the Paying Agent to, and the Paying Agent shall, mail notice of the Flexible Rate for such Flexible Period and the length of such Flexible Period to the Holders of the Bonds in the Flexible Mode.

  • A Flexible Period shall be of at least one month in duration and shall end on the day preceding the first Business Day of a calendar month or, if such Flexible Period extends to the final Maturity Date of the Bonds, such final Maturity Date.

  • On or before 12:30 p.m., New York City time, on the Rate Determination Date for each Flexible Period, the Borrower shall determine the length of such Flexible Period, and the Bonds to which such Flexible Period shall apply; provided, however, that no Flexible Period shall extend beyond an Expiration Date.

  • The Borrower has the option to cause the interest rate on the Bonds to be converted from one Mode to another or from a Flexible Period of one duration to a Flexible Period of the same or a different duration.

  • If no designation of a Mode or a Flexible Period is made by the Borrower, or if the prerequisites of Section 2.02(e) have not been satisfied, then, upon the mandatory purchase date, the Bonds, subject to the same qualifications and exceptions as are set forth in the second paragraph of Section 2.02(c) hereof, shall convert automatically to the Weekly Mode, and the Bonds thereupon shall bear interest at the Weekly Rate determined pursuant to Section 2.02(b).

  • The Bonds thereupon shall remain in the Flexible Mode for as long as the Borrower shall continue to deliver timely notices pursuant to Section 2.02(e)(i) specifying the duration of the next subsequent Flexible Period that is to commence on the expiration of the current Flexible Period.

  • Such option may be exercised by delivery by the Borrower, together with the written consent of the L/C Bank, to the Trustee on or prior to the Business Day preceding the optional redemption date of a written 1 Measured from the start of the currently applicable Flexible Period.


More Definitions of Flexible Period

Flexible Period means, with respect to each Bond, each consecutive period, not exceeding 364 days, established pursuant to Section 2.3(C) and Section 2.4 of this Indenture during which such Bond shall bear interest at the Flexible Rate; provided, however, that the first day immediately following the last day of each Flexible Period (i.e., a Flexible Date) shall in all events be a Business Day.
Flexible Period means, with respect to each Bond, each consecutive period established pursuant to Section 2.03(c) and Section 2.04 of this Indenture during which such Bond shall bear interest at the Flexible Rate; provided, however, that the first day immediately following the last day of each Flexible Period (i.e., a Flexible Date) shall in all events be a Business Day.
Flexible Period has the meaning set out in Section 6.2 hereof.
Flexible Period means each Interest Period during which a FlexibleRate is in effect.

Related to Flexible Period

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Extended benefit period means a period which:

  • 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).

  • Post-Employment Period means the eighteen month period beginning on the date of termination of the Executive's employment with the Employer. If any covenant in this Section 8.2 is held to be unreasonable, arbitrary or against public policy, such covenant shall be considered to be divisible with respect to scope, time, and geographic area, and such lesser scope, time, or geographic area, or all of them as a court of competent jurisdiction may determine to be reasonable, not arbitrary, and not against public policy, shall be effective, binding, and enforceable against the Executive. The period of time applicable to any covenant in this Section 8.2 will be extended by the duration of any violation by the Executive of such covenant. The Executive shall, while the covenant under this Section 8.2 is in effect, give notice to the Employer, within ten days after accepting any other employment, of the identify of the Executive's employer. The Employer may notify such employer that the Executive is bound by this Agreement and, at the Employer's election, furnish such employer with a copy of this Agreement or relevant portions thereof.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Company 401(k) Plan shall have the meaning set forth in Section 6.09(e).

  • main phase employment and support allowance means an employment and support allowance where the calculation of the amount payable in respect of the applicant includes a component under section 2(1)(b) or 4(2)(b) of the Welfare Reform Act 2007 except in Part 1 of Schedule 1;

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Year of Eligibility Service means, for any Employee, a credit used to determine his eligibility to participate under the Plan, as further described in Section 2.2.

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • 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;

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Open Enrollment Period means an enrollment period during which time any Eligible Employee and/or Dependent may apply to become a Subscriber and/or Covered Dependent, and existing Subscribers may apply to change to another provider network or coverage option, if available, or elect to terminate coverage.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Health benefits plan means a benefits plan which pays or

  • 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.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • insurance period means a contribution period or an equivalent period;