Seasonal Overadvance Period definition

Seasonal Overadvance Period means the period in each year commencing September 1 and ending on December 31.

Seasonal Overadvance Period means, during any calendar year, the period beginning on January 1 and ending on April 30 of such year.

Seasonal Overadvance Period means a consecutive 120 day period between October 1 and January 31 in each calendar year.

Examples of Seasonal Overadvance Period in a sentence

• During the 2013 Seasonal Overadvance Period, Credit Parties shall not permit the Consolidated Adjusted EBITDA for Euramax and its Subsidiaries, which shall be tested as of the last day of each month occurring during the Financial Covenant Testing Period for the immediately preceding twelve-month period, to be less than $55,000,000.

• During a Seasonal Overadvance Period, upon the satisfaction of the Seasonal Overadvance Conditions, the delivery of the Seasonal Overadvance Notice, and Agent’s acceptance of the same (and the inclusion of the Seasonal Overadvance Amount in the Borrowing Base), all Revolving Loans up to the Seasonal Overadvance Amount (which shall be deemed to be the first Revolving Loans made and outstanding) shall bear interest based upon the rates set forth above, as applicable, plus 0.50%.

• At the request of Agent or Requisite Lenders, for so long as there are Working Capital Obligations outstanding during a Seasonal Overadvance Period or during the 2013 Seasonal Overadvance Period, by 5:00 p.m. on the first Thursday of each month, Euramax shall deliver to Agent and each Lender a 13-week rolling cash flow forecast in form and substance satisfactory to Agent.

• At the request of Agent or Requisite Lenders, for so long as there are Working Capital Obligations outstanding during a Seasonal Overadvance Period, by 5:00 p.m. on the first Thursday of each month, Euramax shall deliver to Agent and each Lender a 13-week rolling cash flow forecast in form and substance satisfactory to Agent.

• For the avoidance of doubt, Borrowers shall not be required to pay the Seasonal Overadvance Fee during the 2013 Seasonal Overadvance Period.

More Definitions of Seasonal Overadvance Period

Seasonal Overadvance Period means the period from July 1st through October 31st of each year during the term of this Agreement.

Seasonal Overadvance Period means the period commencing on May 1, 2003 and ending on September 30, 2003.

Seasonal Overadvance Period means any Seasonal Overadvance (Type A) Period, Seasonal Overadvance (Type B) Period or Seasonal Overadvance (Type C) Period.

Seasonal Overadvance Period shall have the meaning set forth the definition of “Borrowing Base”.

Seasonal Overadvance Period means a period from and including October 15 of any year until and including January 15 of the following year.

Seasonal Overadvance Period means the period commencing on December 1 and ending on March 31 during which the Formula Amount is increased by an amount of up to $7,000,000 in accordance with the provisions of Section 2.1(a).

Seasonal Overadvance Period means the period commencing on August 1st and ending on October 15th of each calendar year. “Seasonal Overadvance Fee” as set forth in Section 3.3(d).