Foreign Accounts Eligibility Period means the period ending December 31, 2007.

Foreign Accounts Eligibility Period means the period beginning on the first day of any month in which a Borrower requests in writing that Eligible Foreign Accounts be included in the Borrowing Base and ending on the last day of any month in which a Borrower requests in writing that Eligible Foreign Accounts no longer be included in the Borrowing Base; provided, however, that the Foreign Accounts Eligibility Period shall automatically terminate on the earlier of the Termination Date or on the first date on which (i) the Borrowers have failed to make any payment of the fee provided for in Section 2.9(e), or (ii) the foreign receivables eligibility program in which the Lender participates becomes unavailable to the Lender, or (iii) any Borrower’s foreign Accounts cease for any reason to be eligible for coverage under such foreign receivables eligibility program.

Foreign Accounts Eligibility Period means the period ending June 30, 2008.

Examples of Foreign Accounts Eligibility Period in a sentence

The Borrowers agree to pay to the Lender during the Foreign Accounts Eligibility Period, a monthly fee in an amount equal to one-twelfth of two-and-one-half percent (2.50%) of the FREP Sublimit, due and payable monthly in advance on the first day of the month.
During each Foreign Accounts Eligibility Period, the Borrowers shall pay to the Lender a fee at the rate of at least one and three quarters percent (1.75%) per annum on the Foreign Receivables Limit due and payable in arrears on the first day of each month.

More Definitions of Foreign Accounts Eligibility Period

Foreign Accounts Eligibility Period means until July 31, 2007.

Foreign Accounts Eligibility Period means the period beginning October 6th of each year and ending October 5th of the next succeeding year.

Foreign Accounts Eligibility Period means from date of the Lender's receipt of the FREP Activation Notice until November 30, 2006.

Foreign Accounts Eligibility Period means until January 31, 2009.

Foreign Accounts Eligibility Period means the period beginning with the date of Lender's receipt of Borrowers' written election to include Eligible Foreign Accounts in the Borrowing Base and continuing until the later of (i) the Maturity Date, or (ii) the date that all Indebtedness has been paid in full.

Foreign Accounts Eligibility Period means any period for which the following is true: (a) the Lender has purchased an insurance policy protecting it from extending credit to the Borrower on the basis of foreign accounts, (b) no Default Period exists, (c) the Parent Borrower has given the Lender at least thirty (30) days prior written notice of its desire to borrow against foreign accounts, and (d) the Lender, in its sole discretion has granted the Parent Borrower's request.

Foreign Accounts Eligibility Period contained in Section 1.1 of the Credit agreement is hereby deleted and replaced as follows: