Reporting Trigger Event definition

Reporting Trigger Event means any date when (x) an Event of Default exists or (y) Availability is less than the greater of (i) 12.5% of the Line Cap as of such date and (ii) $20.0 million for three (3) consecutive calendar days.

Reporting Trigger Event the occurrence of any of the following: (a) Availability falls below the sum of (i) the greater of (1) 20% of the Borrowing Base then in effect (for three consecutive days) and (2) $50,000,000 (which amount is subject to increase as provided in Section 1.4) plus (ii) the amount of FILO Loans outstanding or (b) a Default or an Event of Default.

Reporting Trigger Event means the occurrence of the date on which Availability, for a period of three (3) consecutive Business Days, has been less than 15% of the Total Commitment.

Examples of Reporting Trigger Event in a sentence

• After the occurrence of a Reporting Trigger Event and until such time as a Reporting Trigger Event has not existed for 30 consecutive days, Borrowers shall, on or before 10:00 p.m. on the second Business Day of each week, deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate prepared as of the close of business of Friday of the immediately preceding week, and at such other times as Agent may reasonably request.

• Prior to the occurrence of a Reporting Trigger Event (and after a Reporting Trigger Event has not existed for 30 consecutive days), Borrowers shall, by the 12th Business Day of each month, deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate prepared as of the close of business of the previous month, and at such other times as Agent may reasonably request.

• Prior to the occurrence of a Reporting Trigger Event (and after a Reporting Trigger Event has not existed for sixty (60) consecutive days), Borrowers shall, by the 15th day of each month, deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate prepared as of the close of business of the previous month, and at such other times as Agent may reasonably request.

• The “review period” is the period of 1 year beginning with the day on which the first Scottish parliamentary or local government election in Scotland takes place following the day of Royal Assent.> Schedule Jamie Halcro Johnston40 Leave out the schedule  Parliamentary copyright.

• The fixed Dollar component of Availability tests set forth in the definitions of "Cash Dominion Trigger Event", "Pro Forma Basis" (in the penultimate paragraph of such definition) and "Reporting Trigger Event" and in Sections 9.2.6(d)(vi) and 9.3.1 shall be automatically increased ratably with increases in the Commitments after the Closing Date such that such fixed Dollar component shall be increased by the same percentage as the percentage increase in the Commitments.

More Definitions of Reporting Trigger Event

Reporting Trigger Event means as of any Business Day after the Closing Date (a) an Event of Default shall have occurred and is continuing and/or (b) Excess Availability shall as of any date (or, in the case only of Sections 5.07(c), 9.02(f), or 9.03(c), for a period of three (3) consecutive Business Days) be less than the greater of (i) $110,000,000 (or, on and after the Specified Incremental Commitment Availability Date, $115,000,000) and (ii) 12.5% of the lesser of (A) the Total Revolving Commitment and (B) the then-applicable Total Borrowing Base.

Reporting Trigger Event as of any date of determination, that (a) an Event of Default has occurred as of such date, or (b) the sum of Availability plus Qualified Cash is less than $60,000,000 as of such date.

Reporting Trigger Event means as of any Business Day after the Closing Date (a) an Event of Default shall have occurred and is continuing and/or (b) Excess Availability shall as of any date (or, in the case only of Sections 5.07(c), 9.02(f), or 9.03(c), for a period of three

Reporting Trigger Event has the meaning assigned to such term in Section 5.01.

Reporting Trigger Event means either of (a) the occurrence of an Event of Default, or (b) Availability being less than the greater of (i) $22,000,000 and (ii) 20% of the Line Cap at any time.

Reporting Trigger Event means, as of any date, that (a) an Event of Default has occurred and is continuing as of such date or (b) Excess Availability on such date is below (i) 12.5% of the Maximum Revolver Amount from the First Amendment Effective Date until and including December 31, 2012, and (ii) 20% of the Maximum Revolver Amount thereafter.

Reporting Trigger Event means as of any Business Day after the Closing Date (a) an Event of Default shall have occurred and is continuing and/or (b) Excess Availability shall as of any date (or, in the case only of Sections 5.07(c), 9.02(f), or 9.03(c), for a period of three (3) consecutive Business Days) be less than the greater of (i) $110,000,000 (or, on and after the Specified Incremental Commitment Availability Date, $115,000,000) and (ii) 12.5% 121 1125931.03I-XXXXX000000000.05E-CHISR01A - MSW of the lesser of (A) the Total Revolving Commitment and (B) the then-applicable Total Borrowing Base.