Minimum Extension Condition has the meaning specified in Section 2.15(b).
Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.
Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.
Resolution Extension Period As defined in Section 2.03(b).
Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).
Non-Extension Notice has the meaning specified in Section 2.10.
First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.
Debt service extension base means an amount equal to that
Debt Yield means, as of any date of determination, a fraction expressed as a percentage in which:
Non-Extension Drawing has the meaning specified in Section 3.5(d).
Minimum Extended Summer Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Extended Summer Demand Resources and Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Extended Summer Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Limited Demand Resource Reliability Target for the PJM Region in Unforced Capacity]. For an LDA, the Minimum Extended Summer Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Limited Demand Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.
Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.
EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.
Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.
Extension Term means the time period defined in §2.C.
Aggregate extension base means the taxing district's
Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.
Second Extended Maturity Date has the meaning set forth in Section 2.10.
Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.
Maximum Annual Debt Service means the largest Annual Debt Service for any Bond Year after the calculation is made through the final maturity date of any Outstanding Bonds.
Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.
Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.
Non-Extension Advance means an Advance made pursuant to Section 2.02(b).
Credit Extension Date means the Borrowing Date for an Advance or the issuance date for a Facility LC.
Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).
Extension Deadline means, with respect to a letter of credit, the Cutoff Time on the Business Day preceding the day on which the letter of credit expires.