Margin Adjustment Period means each period which shall commence on the date occurring after the Effective Date on which the respective officer’s certificates are delivered pursuant to Section 8.01(d) and which shall end on the earlier of (i) the date of actual delivery of the next officer’s certificates pursuant to Section 8.01(d) and (ii) the latest date on which the next officer’s certificates are required to be delivered.
Margin Adjustment Period means each period which shall commence on the date upon which the respective officer’s certificate is delivered pursuant to Section 6.01(c) (together with the related financial statements pursuant to Section 6.01(a) or (b), as the case may be) and which shall end on the date of actual delivery of the next officer’s certificate pursuant to Section 6.01(c) (and related financial statements) or the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered; it being understood that the first Margin Adjustment Period shall commence with the delivery of the Parent Borrower’s financial statements (and related officer’s certificate) in respect of its fiscal quarter ending September 30, 2004.
Margin Adjustment Period means each period which shall commence on a date on which the financial statements (or certificate in the case of Section 8.01(l)) are delivered pursuant to Section 8.01(b), (c) or (l), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements (or certificate in the case of Section 8.01(l)) pursuant to Section 8.01(b), (c) or (l), as the case may be, and (ii) the latest date on which the next financial statements (or certificate in the case of Section 8.01(l)) are required to be delivered pursuant to Section 8.01(b), (c) or (l), as the case may be; provided that the first Margin -------- Adjustment Period shall commence on the date that the financial statements are delivered for the Company's first fiscal quarter ending after the Effective Date (other than in the case of a consummation of a Permitted Acquisition, in which case the Margin Adjustment Period shall commence on the consummation of such Permitted Acquisition).
Examples of Margin Adjustment Period in a sentence
Upon the expiration of the Margin Adjustment Period, if Borrower and Lenders have not yet determined an alternate rate index in accordance with this Section 2.03(a), the Floating Rate shall thereafter be determined without any Margin Adjustment until an alternate rate index is finally determined.
More Definitions of Margin Adjustment Period
Margin Adjustment Period means each period which shall commence on a date occurring after the first anniversary of the Initial Borrowing Date on which the financial statements are delivered pursuant to Section 8.01(b) or (c) for a fiscal quarter or year, as the case may be, which ends at least one year after the Initial Borrowing Date and which Margin Adjustment Period shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(b) or (c) and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(b) or (c).
Margin Adjustment Period means each period commencing and including a Margin Adjustment Date and ending on the day immediately preceding the next succeeding Margin Adjustment Date.
Margin Adjustment Period means each period commencing upon any Reset Date and continuing through the day preceding the immediately following Reset Date. 121
Margin Adjustment Period each period commencing on an Adjustment Date and ------------------------ ending on the Business Day immediately preceding the next succeeding Adjustment Date.
Margin Adjustment Period means each period which shall commence on a date occurring after the Restatement Effective Date on which the financial statements are delivered or, if not theretofore delivered, were required to be delivered, pursuant to Section 8.01(b) or (c) and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(b) or (c) and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(b) or (c).
Margin Adjustment Period appearing in Section 1.01 of the Credit Agreement is hereby deleted in its entirety and the following new definition is inserted in lieu thereof:
Margin Adjustment Period means (i) the period, if any, which shall commence on the date of delivery of a certificate of a Financial Officer of Holdings to the Administrative Agent setting forth computations in reasonable detail satisfactory to the Administrative Agent demonstrating the Total Leverage Ratio as of the end of the most recently ended fiscal quarter and determined on a pro forma basis giving effect to the transactions contemplated by Section I of the First Amendment and which shall end on the earlier of (x) the date of actual delivery of the next officer’s certificate pursuant to Section 5.04(c) (and related financial statements), (y) the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered and (z) the date, if any, upon which the certificate first referred to in clause (ii) of this definition is delivered to the Administrative Agent, (ii) the period, if any, which shall commence on the date of delivery of a certificate of a Financial Officer of Holdings to the Administrative Agent setting forth computations in reasonable detail satisfactory to the Administrative Agent demonstrating the Total Leverage Ratio as of the end of the most recently ended fiscal quarter and determined on a pro forma basis giving effect to the transactions contemplated by Section II of the First Amendment and which shall end on the earlier of the date of actual delivery of the next officer’s certificate pursuant to Section 5.04(c) (and related financial statements) and the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered and (iii) each other period which shall commence on the date upon which the respective officer’s certificate is delivered pursuant to Section 5.04(c) (together with the related financial statements pursuant to Section 5.04(a) or (b), as the case may be) and which shall end on the earlier of (x) the date of actual delivery of the next officer’s certificate pursuant to Section 5.04(c) (and related financial statements), (y) the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered and (z) if occurring after the date of commencement of such period, the date, if any, upon which the certificate first referred to in clause (ii) of this definition is delivered to the Administrative Agent.