Increased BBC Reporting Period definition

Increased BBC Reporting Period means any period (i) commencing at any time when Availability shall be less than the greater of (x) $60,000,000 and (y) 17.5% of the Maximum Credit Amount, in either case, for a period of three (3) consecutive Business Days and (ii) ending when Availability shall have been greater than or equal to the greater of (x) $60,000,000 and (y) 17.5% of the Maximum Credit Amount, in either case, for a period of forty-five (45) consecutive Business Days.
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Increased BBC Reporting Period means (a) any period during which any Event of Default has occurred and is continuing or (b) any period (i) commencing at any time when Availability shall be less than (A) during the Temporary Period, $45,000,000 and (B) thereafter, the greater of (x) $63,000,000 and (y) 12.5% of the Maximum Credit Amount (calculated without giving effect to the FILO Reserve), in either case, for a period of three (3) consecutive Business Days and (ii) ending when Availability shall have been greater than or equal to the greater of (x) $63,000,000 and (y) 12.5% of the Maximum Credit Amount (calculated without giving effect to the FILO Reserve), in either case, for a period of thirty (30) consecutive days. “Increased Financial Reporting Period” means any period (i) commencing at any time when Availability shall be less than (A) during the Temporary Period, $45,000,000 and (B) thereafter, the greater of (x) $78,750,000 and (y) 15% of the Maximum Credit Amount (calculated without giving effect to the FILO Reserve), in either case, for a period of three (3) consecutive Business Days, and (ii) ending when Availability shall have been greater than or equal to the greater of (x) $78,750,000 and (y) 15% of the Maximum Credit Amount (calculated without giving effect to the FILO Reserve), in either case, for a period of thirty (30) consecutive days. “Incur” means issue, assume, guarantee, incur or otherwise be or become liable for; provided, however, that any Indebtedness or Equity Interests of a Person existing at the time such person becomes a Subsidiary (whether by merger, amalgamation, consolidation, acquisition or otherwise) shall be deemed to be Incurred by such Person at the time it becomes a Subsidiary. “Incurred” and “Incurrence” shall have like meanings.
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Increased BBC Reporting Period means (a) any period during which any Event of Default has occurred and is continuing or (b) any period (i) commencing at any time when Availability shall be less than the greater of (x) $63,000,000 and (y) 12.5% of the Maximum Credit Amount (calculated without giving effect to the FILO Reserve), in either case, for a period of three (3) consecutive Business Days and (ii) ending when Availability shall have been greater than or equal to the greater of (x) $63,000,000 and (y) 12.5% of the Maximum Credit Amount (calculated without giving effect to the FILO Reserve), in either case, for a period of thirty (30) consecutive days.
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Related to Increased BBC Reporting Period

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Reporting Period shall begin on the first day of each calendar quarter and end on the last day of such calendar quarter.

  • Monthly Reporting Period The period during which servicers report Mortgage payments to the Administrator, generally consisting of the calendar month preceding the related Payment Date for Gold PCs and the second calendar month preceding the related Payment Date for ARM PCs, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement; provided, however, that with respect to prepayments on PCs issued before September 1, 1995, the Monthly Reporting Period generally is from the 16th of a month through the 15th of the next month.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Weekly Reporting Period means any Level 2 Ratings Period.

  • Quarterly reporting period means the three-month period covered by each

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Significant Obligor NOI Quarterly Filing Deadline With respect to each calendar quarter (other than the fourth calendar quarter of any calendar year) and each Significant Obligor, the date that is fifteen (15) days after the Relevant Distribution Date occurring on or immediately following the date by which the related Mortgagor is required to deliver quarterly financial statements to the lender under the related Loan Agreement in connection with such calendar quarter (which date is set forth in Section 10.11(a) for any Significant Obligor with respect to the Trust).

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Report Period as defined in subsection 2.18.

  • Most Recent Fiscal Year End has the meaning set forth in Section 4(g) below.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.

  • Significant Obligor NOI Yearly Filing Deadline With respect to each calendar year and each Significant Obligor, the date that is the 90th day after the end of such calendar year.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Reporting Year means a twelve-month compliance reporting period required under the Applicable Program.