Override Period definition

Override Period means the period beginning on the Effective Date and ending on the date on which all amounts payable under the Finance Documents to the Finance Parties have been paid in full and no Participating Creditor is under any further obligation under any Finance Document.
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Override Period means the override period detailed in the Prospectus, in particular, under “Financial Information”.
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Override Period means any period of time during which either of the following events shall have occurred and shall be continuing: (i) the long-term unsecured, unenhanced Indebtedness of Danka PLC shall be rated BBB-, or higher, by Standard & Poors Ratings Services, and Baa3, or higher, by Mood▇'▇ ▇▇▇estors Service, Inc., or (ii) the Consolidated Total Leverage Ratio for the four consecutive fiscal quarters of Danka PLC most recently ended is less than 2.00 to 1.00.
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Examples of Override Period in a sentence

  • This Agreement and the other New Finance Documents record the terms upon which, during the Override Period, the Participating Creditors are willing to continue to make available the Facilities and amend, vary, modify, waive, override, replace and supplement certain terms of the Existing Finance Documents.

  • Additionally, no cash payments by TMA shall be made on account of any long-term incentive awards during the Override Period.

  • TMA hereby affirms and ratifies each obligation and other similar liability to the Counterparties to which it is a party as of the date hereof (including, without limitation, obligations and liabilities which do not arise under Financing Agreements) and, except as provided for in this Agreement during the Override Period, all such obligations and other liabilities shall continue in full force and effect unless and until released or discharged pursuant to this Agreement or otherwise.

  • After the Override Period, the Counterparties shall be entitled to exercise all of their rights and remedies under the Financing Agreements as in effect without regard to this Agreement, and neither this Agreement nor any delay in the exercise of any right or remedy pursuant hereto shall constitute a waiver of any such right or remedy or provide any defense or estoppel in respect thereof, all such rights and remedies being expressly preserved hereby.

  • The Counterparties shall not be obligated during the Override Period to return to TMA any Collateral (or any portion of Collateral) if the value of Collateral increases, even if the Counterparties would have been required to return to TMA such Collateral (or any portion of such Collateral) pursuant to the Financing Agreements.

  • Any incentive management fee (but not base fee) payable by TMA to its external manager, ▇▇▇▇▇▇▇▇▇ Mortgage Advisory Corporation (the “Manager”) during the Override Period, shall be accrued, but not paid to the Manager.

  • With respect to each Group Hire employed in a New Business Unit, Customer shall pay to Model Match an amount equal to Group Override BPS multiplied by the Loan Volume of originated by each such Group Hire during the Group Override Period.

  • In addition, TMA may (and the Counterparties acknowledge and agree that TMA may) at any time authorize any Counterparty to sell or otherwise transfer all or any part of its Collateral on such terms as TMA and the Counterparty may agree (including, if applicable, agreement on the application to be made of the sale proceeds) (each, a “Resale Transaction”); provided, however, that during the Override Period TMA shall not authorize any Counterparty to effect a Significant Resale Transaction.

  • The override provisions of this Section 2 shall remain effective for the period (the "Override Period") from the Override Agreement Effective Date (as defined below) to but not including October 31, 2000 (the "Override Termination Date").

  • Any incentive management fee (but not base fee) payable by TMA to its external manager, ▇▇▇▇▇▇▇▇▇ Mortgage Advisory Corporation (the “Manager”) during the Override Period shall be accrued, but not paid to the Manager.

Related to Override Period

  • Overlap Period means any taxable year or other taxable period beginning on or before and ending after the Closing Date.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Retention Period means the time period that the Customer Data is stored within the cloud storage, as specified in the product addenda.

  • Elimination Period means a period of consecutive days of Disability or Partial Disability for which no benefit is payable. The Elimination Period is shown in the Schedule of Benefits and begins on the first day of Disability.