Trigger Event Period means the period commencing on the occurrence of a Trigger Event, and ending on March 31, 2001, unless extended by the Board of Directors of the Company.
Trigger Event Period means that a Trigger Event shall have occurred and be continuing, provided that, except in the case of any such Trigger Event that shall have resulted from a Bankruptcy Event in respect of either of the Mobile Energy Parties, the written request of the Required Senior Creditors specified in Section 5.1(a) of the Intercreditor Agreement shall have been delivered to the Collateral Agent and not been rescinded.
Trigger Event Period. Each period beginning on the Determination Date following the day on which a Trigger Event occurs and ending on the last day of the month in which no Trigger Event occurs or is continuing.
Examples of Trigger Event Period in a sentence
Further, to the extent any Trigger Event Period shall have commenced prior to the Effective Date, which would not have occurred had the Effective Date occurred prior to the occurrence of such Trigger Event Period, notwithstanding anything to the contrary contained in the Credit Agreement or any other Loan Document, such Trigger Event Period shall be deemed to have ceased immediately upon the occurrence of the Effective Date.
More Definitions of Trigger Event Period
Trigger Event Period means any period (a) commencing upon the date that the sum of (w) cash received by the Administrative Agent during the continuance of any Cash Dominion Event that (i) has not been transferred to the Borrowers or applied to pay any Obligations or cash collateralize any Letter of Credit as of the date of determination thereof and (ii) is in excess of the outstanding Revolving Advances on such date, (x) Unrestricted Cash, (y) Availability and (z) the Additional Advisor Expenditures is less than the Trigger Event Amount and (b) ending on the date that the sum of (w) cash received by the Administrative Agent during the continuance of any Cash Dominion Event that (i) has not been transferred to the Borrowers or applied to pay any Obligations or cash collateralize any Letter of Credit as of the date of determination thereof and (ii) is in excess of the outstanding Revolving Advances on such date, (x) Unrestricted Cash, (y) Availability and (z) the Additional Advisor Expenditures for a period of ninety (90) consecutive calendar days equals or exceeds the Trigger Event Amount. For purposes of this Agreement, “Trigger Event Amount” shall mean (a) $13,000,000 during the period (i) commencing on January 31, 2014 and (ii) ending on March 31, 2014, and (b) $35,000,000 at all other times and “Additional Advisor Expenditures” shall mean the actual cash payments made by the Credit Parties to the Additional Advisor (as defined in the Second Amendment to Second Amended and Restated Revolving Credit Agreement, dated as of February 6, 2014, by and among the Credit Parties, the Lenders, the Administrative Agent and the other parties thereto) through such date of determination.”
Trigger Event Period means any period (a) commencing upon the date that Unrestricted Cash is less than $75,000,000 and (b) ending on the date that Unrestricted Cash for a period of ninety (90) consecutive calendar days equals or exceeds $75,000,000.
Trigger Event Period shall be deemed to mean the period commencing upon the occurrence of any Event of Default and continuing for so long as such Event of Default continues.
Trigger Event Period. Each period commencing at the beginning of a Due Period in which any Trigger Event occurs or exists and ending immediately prior to the beginning of the first subsequent Due Period that follows a period of six consecutive Due Periods during which no Trigger Event occurs or exists.
Trigger Event Period shall have the meaning provided for such term in the Revolver Credit Agreement.
Trigger Event Period means the period of time commencing immediately, without notice immediately upon the occurrence of any Trigger Event and continuing thereafter until such time as Silicon determines, in its sole but reasonable discretion, to end such Trigger Event Period.
Trigger Event Period any period (a) commencing upon the occurrence of a Trigger Event and ([ii]b) ending on a Trigger Event Termination Date.