Tier 2 Period definition

Tier 2 Period means a Rating Level 1 Period that is not a Tier 1 Period. For purposes of the foregoing, the following terms shall have the following meanings:
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Tier 2 Period means the period from and including the First Adjustment Date to but excluding the Second Adjustment Date.
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Tier 2 Period means any period of time in the qualifying period specified in regulation 10 (qualifying period) which is not a tier 1 period;
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Examples of Tier 2 Period in a sentence

  • During the second or greater than second consecutive Tier 2 Period, the Base Rate will be increased to [*].

  • As of the end of each fiscal quarter of CCPT IV’s commencing with the fiscal quarter ending June 30, 2012, Total Liabilities shall not exceed (i) 75% of CCPT IV’s Total Asset Value during the Tier 1 Period, (ii) 70% of CCPT IV’s Total Asset Value during the Tier 2 Period, and (iii) 65% of CCPT IV’s Total Asset Value during the Tier 3 Period.

  • During the first consecutive Tier 2 Period, as defined in Section IV of this Attachment A, the Base Rate will be increased to [*].

  • The adjustments described in the previous two sentences are defined as "Tier 2 Period Adjustments".

  • As of the end of each fiscal quarter of CREIS’ commencing with the fiscal quarter ending September 30, 2011, Total Liabilities shall not exceed (i) 75% of CREIS’ Total Asset Value during the Tier 1 Period, (ii) 70% of CREIS’ Total Asset Value during the Tier 2 Period, and (iii) 65% of CREIS’ Total Asset Value during the Tier 3 Period.

  • As of the end of each fiscal quarter of CREIS' commencing with the fiscal quarter ending September 30, 2011, Total Liabilities shall not exceed (i) 75% of CREIS' Total Asset Value during the Tier 1 Period, and (ii) 70% of CREIS' Total Asset Value during the Tier 2 Period.


More Definitions of Tier 2 Period

Tier 2 Period means each period (x) with respect to which (i) the Customer's Leverage Ratio during the immediately preceding fiscal period is less than 6.5 to 1, (ii) the Customer's Current Ratio during such fiscal period is greater than 1.00 to 1, (iii) Customer's TNW during such fiscal period is greater than $90,000,000 and (iv) the Customer's Profitability is such that (a) there is no loss greater than 10% and (b) if there is a loss in that fiscal period, it is not the third or more consecutive fiscal quarter with a loss and (y) which is not a Tier 1 Period.
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Tier 2 Period means any period of time which is not a tier 1 period in which an employee is entitled to take leave in accordance with regulation 7(2).
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Tier 2 Period means each period (x) with respect to which (i) the Customer's Leverage Ratio during the immediately preceding fiscal period is less than 6.5 to 1, (ii) the Customer's Current Ratio during such fiscal period is greater than 1.00 to 1, (iii) Customer's TNW during such fiscal period is greater than $90,000,000 and (iv) the Customer's Profitability is such that (a) there is no loss greater than 10% and (b) if there is a loss in that fiscal period, it is not the third or more consecutive fiscal quarter with a loss and (y) which is not a Tier 1 Period. [ * CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION ] THE FOURTH AMENDMENT TO THE INVENTORY AND WORKING CAPITAL FINANCING AGREEMENT This Fourth Amendment to the Inventory and Working Capital Agreement (this "Amendment") is made as of June 27, 1997 by and between InaCom Corp., a Delaware corporation ("Customer") and IBM Credit Corporation, a Delaware corporation ("IBM Credit").
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Tier 2 Period means a Rating Level 1 Period that is not a Tier 1 Period.
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