Reserve Period definition

Reserve Period means the period time commencing on the date that (i) a monetary Default shall have occurred or (ii) an EBIDTAR Event shall have occurred and, with respect to clause (a) or (b), ending upon the occurrence of a Reserve Reversal Event.

Reserve Period has the meaning assigned to it in Section 6(c) hereof.

Reserve Period has the meaning given to such term in the definition of “Debt Service Reserve Amount”.

Examples of Reserve Period in a sentence

• RB Group will determine the period of time that the Reserve listing is published to the website and is available for Buyers to submit bids (the "Reserve Period").

• If any Discretionary Reserved Funds are not used as part of the Discretionary Basket during the Reserve Period, such Discretionary Reserved Funds shall cease to be reserved for purposes of the Discretionary Basket.

• If, at the end of the Reserve Period, the Reserve Price has been met, the highest bid received from a Buyer will be automatically accepted.

• During any Labor Contingency Interest Reserve Period, at the Borrower’s request, the Agent shall release to the Borrower amounts from the Debt Service Account to the extent of any excess above the Labor Contingency Interest Reserve Amount or the Recalculated Labor Contingency Interest Reserve Amount, as applicable, provided that no Event of Default is continuing.

• Client further understands and agrees that Paysafe shall hold any Reserve Amount for a period of 30 days from the date of collection ("Reserve Period").

More Definitions of Reserve Period

Reserve Period means a period beginning with the 13th working day of a quarterly obligation period and ending with the 13th working day of the subsequent quarterly obligation period;”.

Reserve Period means a period during which a Pilot must be contactable and available for a duty and includes both Rostered Reserve and Displaced Reserve. Reserve is neither duty, nor time free of duty.

Reserve Period means the period commencing on the Closing Date and ending on the date on which the Administrative Agent receives evidence (including, without limitation, if requested by the Administrative Agent, a payoff letter), in form and substance reasonably satisfactory to the Administrative Agent, that the February 2007 Notes have been paid in full or will be paid in full substantially concurrently with the proceeds of a Revolving Credit Loan comprised in whole or in part of the Reserve Amount.

Reserve Period means the period commencing on the Seventh Amendment Effective through and including the date that the Fixed Charge Coverage Ratio calculated in accordance with Section 10.3.2 is greater than 1.25 to 1.0 for a period of six consecutive calendar month ends.

Reserve Period means the period for which reserve is contracted under this Agreement as specified in the Details.

Reserve Period shall have the meaning set forth in the Account Agreement.

Reserve Period means a period, within a reserve day, when a pilot so