Ramp-Up Period definition
Ramp-Up Period means the period commencing on the Closing Date and ending on the Effective Date.
Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.
Ramp-Up Period means the period from and including the Effective Date to the earlier of (i) the first date on which the sum of the Principal Balances of all Eligible Collateral Obligations equals or is greater than the Target Portfolio Amount and (ii) the nine-month anniversary of the Effective Date.
Examples of Ramp-Up Period in a sentence
Borrower shall satisfy the Minimum Portfolio Diversity Requirement prior to the expiration of the Ramp-Up Period.
With respect to any Add On Advance after the Ramp-Up Period, the Minimum Portfolio Diversity Requirement shall have been satisfied prior to the expiration of the Ramp-Up Period.
More Definitions of Ramp-Up Period
Ramp-Up Period means the period beginning on the Closing Date and ending upon the earliest of: (a) the date on which the Aggregate Collateral Balance first meets or exceeds the Facility Amount then in effect; (b) the date that is the six-month anniversary of the Closing Date; and (c) the date on which the Borrower provides written notice to the Administrative Agent that the Ramp-Up Period has ended.
Ramp-Up Period the period commencing on the Closing Date and ending on the earlier to occur of (x) the initial date on which the aggregate Outstanding Balance of all Eligible Loans exceeds $125,000,000 and (y) the date that is six (6) months from Closing Date.
Ramp-Up Period means the period beginning on the Closing Date and ending at the earlier of (i) nine months from the Amendment Date or (ii) the time at which Eligible Loans equal or exceed $50,000,000.
Ramp-Up Period means the period from and including the Closing Date to but excluding the date occurring 90 days after the Closing Date. Register has the meaning given to such term in Section 8.4(e).
Ramp-Up Period means the period from, and including, the Issue Date to, but excluding, the Effective Date.
Ramp-Up Period means the period from and including the Original Effective Date to, but excluding, May 21, 2019.
Ramp-Up Period means the time period within which the PILOT Recipient must meet its commitments as to Retained Jobs, Wages, and Capital Investment and comply with any other benchmarks required in the Resolution. During the Ramp-Up Period the PILOT Recipient receives its approved PILOT benefit and is subject to all reporting criteria, but is not subject to compliance requirements. The Ramp-Up Period for implementation of the Capital Investment and Local Business Participation Program in the Project shall be one (1) year, for PILOT Projects approved for a PILOT Term of four (4) years or less, and two (2) years for all Projects with longer PILOT Terms, unless a longer period of time is approved by EDGE; however, the PILOT Recipient’s obligations as to Retained Jobs and the associated Wages shall have no Ramp-Up Period and must be maintained from the initiation of the Project. The Ramp-Up Period commences on the date of the first Lease Agreement executed between EDGE and the PILOT Recipient. Local Business Participation Commitment shall be measured pursuant to Article X and shall not have a Ramp-Up Period.