Margin Adjustment Date definition

Margin Adjustment Date has the meaning specified in Section 4.2.

Margin Adjustment Date means five (5) Business Days after each date on which Borrower delivers financial statements in accordance with Sections 5.01(a) and (b) and the accompanying Compliance Certificate as required by Section 5.01(c).

Margin Adjustment Date. As defined in Section 2.11(f).

Examples of Margin Adjustment Date in a sentence

• Year(after the Issue Date)1 and 2 Notwithstanding the above, the Issuer shall be permitted (at the earliest six (6) months after the relevant Margin Adjustment Date or later) to demand a reset of the Margin to its original level if the Issuer can demonstrate in a Compliance Certificate (supported by any additional documentation that the Bond Trustee may reasonably require) that the Leverage Ratio is equal to or lower than 3.50x.

• Beginning on the first Margin Adjustment Date and thereafter on each subsequent Margin Adjustment Date, if the daily average Unused Commitments during the calendar quarter ended on the preceding day was (i) less than one-third of the aggregate Commitments, the rate will be 0.375%, (ii) one-third or more but less than or equal to two-thirds of the aggregate Commitments, the rate will be 0.50% or (iii) more than two-thirds of the aggregate Commitments, the rate will be 0.625%.

• The process for determining such conditions must be applied consistently for all households within each CHF funded program, incorporated into the sub recipients Rapid Rehousing and Rental Assistance policies and procedures and communicated in advance to eligible program participants.

• And it is your responsibility to speak up so we can address issues and continue to move forwards.

• A completed Compliance Certificate, prepared as of the end of such quarter and certified by the chief executive officer or chief financial officer of Matrix, containing, in addition to the calculation of financial covenants, a computation of the Applicable LIBOR Rate Margin and the Applicable Prime Rate Margin as of the Margin Adjustment Date.

More Definitions of Margin Adjustment Date

Margin Adjustment Date shall have the meaning provided in the definition of Applicable Margin.

Margin Adjustment Date has the meaning specified in Section 2.13(b) and 2.13(d) of this Agreement.

Margin Adjustment Date means each date on ---------------------- which Matrix, on behalf of the Borrowers, delivers a quarterly Financial Covenant Compliance Certificate in accordance with Section 6.2(c) but in any event not later than the date on which such Financial Covenant Compliance Certificate may be due.

Margin Adjustment Date means the first day following the day on which the Borrower delivers the financial statements required by SECTION 9.1(A) with respect to the end of each Fiscal Quarter ending after March 31, 1998.

Margin Adjustment Date means any date when a new Xxxxx’x Rating or S&P Rating is issued, by either announcement or publication.

Margin Adjustment Date means, with respect to each Margin Re-Calculation Period, the last day of that period;

Margin Adjustment Date shall have the meaning given such term in the definition of Tested Parties contained herein.