Level V Pricing Period means any period that is not a Level I Pricing Period, a Level II Pricing Period, a Level III Pricing Period or a Level IV Pricing Period.
Level V Pricing Period shall have the meaning assigned to such term in Section 2.16(a).
Level V Pricing Period means, subject to Section 2.07(c), any period on or after the Effective Date during which the Consolidated Pricing Ratio is greater than 3.00:1.00 but less than or equal to 3.50:1.00 and no Event of Default has occurred and is continuing.
Examples of Level V Pricing Period in a sentence
Such commitment fee shall accrue at the rate of (i) 0.25% per annum during any Level I Pricing Period, (ii) 0.30% per annum during any Level II Pricing Period, (iii) 0.375% per annum during any Level III Pricing Period or Level IV Pricing Period or (iv) 0.4375% during any Level V Pricing Period.
More Definitions of Level V Pricing Period
Level V Pricing Period means any period (other than the Initial Pricing Period) during which the Borrower's Debt Coverage Ratio as of the end of the most recent Calculation Period is 2.75 to 1.0 or greater but less than 3.0 to 1.0. Any such period shall commence on (and include) the date of delivery to the Agent of financial statements demonstrating that such period has commenced and shall terminate on (and exclude) the date of delivery to the Agent of financial statements demonstrating that such period has terminated.
Level V Pricing Period means any pxxxxx xhat is not a Level I Pricing Period, a Level II Pricing Period, a Level III Pricing Period or a Level IV Pricing Period, including any period during which Index Debt shall be unrated by either S&P or Moody's. "Pricing Period" shall mean a Level I Pricinx Xeriod, a Level II Pricing Period, a Level III Pricing Period, a Level IV Pricing Period or a Level V Pricing Period.
Level V Pricing Period means (a) with respect to any day from and including the First Amendment Effective Date through the date on which financial statements and certifications are required to be delivered pursuant to Section 5.04(g) and (b) thereafter, any period which is not a Level I Pricing Period, a Level II Pricing Period, a Level III Pricing Period or a Level IV Pricing Period." ""Simtran Acquisition" shall mean the acquisition by FATS, Inc., through a Wholly Owned Subsidiary, of 100% of the capital stock of Simtran Technologies, Inc., which acquisition is a Permitted Acquisition." SECTION 1.
Level V Pricing Period means (a) with respect to any day from and including the First Amendment Effective Date through the date on which financial statements are required to be delivered pursuant to Section 5.04(g) and (b) thereafter, subject to Section 2.07(c), any period during which (i) the Leverage Ratio is greater than 5.00:1.00 but less than or equal to 5.50:1.00 and (ii) no Default or Event of Default has occurred and is continuing."
Level V Pricing Period in Section 1.1 of the Credit Agreement is hereby deleted in its entirety and the following is substituted in lieu thereof:
Level V Pricing Period means, with respect to Tranche A Revolving Loans and subject to Section 2.2(d)(iii), any period on or after the Effective Date during which the Leverage Ratio is greater than 5.00:1.00 but less than or equal to 5.50:1.00 and no Event of Default has occurred and is continuing."
Level V Pricing Period means, subject to Section 2.07(c), any period during which the Debt/EBITDAR Ratio of Horizon is greater than 4.50:1.00 but less than or equal to 5.00:1.00 and no Event of Default has occurred and is continuing.