Partial Suspension Period definition

Partial Suspension Period has the meaning set forth under Section 3.22(e).
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Partial Suspension Period means the one-time period of up to three consecutive fiscal quarters (all of which must occur within the Reduction Period) commencing with the beginning of a fiscal quarter contained within the Reduction Period chosen by the Borrower, but no later than the second fiscal quarter of fiscal year 2008. The Borrower shall designate the Partial Suspension Period concurrently with its delivery to the Administrative Agent of a Compliance Certificate for the first fiscal quarter of such period by delivering its notice of designation (the “Partial Suspension Designation”) to the Administrative Agent. The Partial Suspension Designation is irrevocable upon the Administrative Agent’s receipt thereof.
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Examples of Partial Suspension Period in a sentence

  • At any time that the Interest Coverage Ratio during the Partial Suspension Period is less than 1.00 to 1.00, permit Liquidity to be less than $75,000,000.

Related to Partial Suspension Period

  • Shelf Suspension Period See Section 3(a) hereof.

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • Covenant Suspension Event has the meaning assigned to it in Section 3.22(b).

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Suspension Date has the meaning set forth in Section 4.18(a).

  • Exclusion period means a period during which specified treatments or services are ex-

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Suspension Event As defined in Section 5(b) hereof.

  • Start-up period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Ramp Period The Ramp Period begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

  • Special event permit means a permit granted by the Division

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Extension Period has the meaning set forth in Section 2.11.

  • Grace Period means the specified period of time immediately following the premium due date during which a payment can be made to renew or continue a policy in force without loss of continuity benefits such as waiting periods and coverage of pre-existing diseases. Coverage is not available for the period for which no premium is received.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Concession Period means the period starting on and from the Appointed Date and ending on the Transfer Date;

  • Shelf Suspension shall have the meaning set forth in Section 3.2.4.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Demand Suspension shall have the meaning set forth in Section 3.1.6.

  • Subscription Suspension Event means the delivery by the Issuer of a notice in writing to each Authorised Participant, the Issuing and Paying Agent and the Determination Agent pursuant to the LS Operating Procedures Agreement stating that with effect from the date specified in such notice subscription of the ETP Securities shall be so suspended.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.