Utilisation Period definition

Utilisation Period means each successive period of three months during the period from the date hereof and ending on the Final Repayment Date (except that if the last such period would otherwise extend beyond the Final Repayment Date, it shall be shortened so as to end on that date), the first of which shall commence on the date hereof;
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Utilisation Period means the period starting on the Effective Date and ending on the earlier of (a) the date on which the applicable Facility Amount is fully utilised or (b) the date falling thirty-three (33) months after the Effective Date, provided that Lessor shall use commercially reasonable efforts to extend the Utilisation Period if Lessee is not in Default hereunder and such extension is required for the delivery of delayed Equipment.
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Utilisation Period means i) in respect of the Tranche D Facility only, the period starting on the Effective Date and ending on the earlier of (a) the date on which the Tranche D Facility is fully utilised or (b) December 31, 2015; and ii) in respect of all other Tranches, the period starting on the Effective Date and ending on the earlier of (a) the date on which the applicable Facility Amount is fully utilised or (b) the date falling thirty‑three (33) months after the Effective Date, provided that Lessor shall use commercially reasonable efforts to extend the Utilisation Period if Lessee is not in Default hereunder and such extension is required for the delivery of delayed Equipment.”
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Examples of Utilisation Period in a sentence

  • Minimum Utilisation Period means the pre defined operating window which the Company have contracted for Flexible Services Delivery.

  • Where the Company issues an instruction requiring the Supplier to provide Flexible Service the Supplier shall, within the Response Time, provide the service from the Site(s) / Group continuously for the Minimum Utilisation Period until the earlier of: a.

  • Visual aids (props) and digital slides may be used (Zoom Screen Share option available).

  • Where the Company issues an instruction requiring the Provider to provide Flexible Service the Provider shall, within the Response Time, provide the service from the Site(s) / Group continuously for the Minimum Utilisation Period until the earlier of: a.

  • The Board of Directors would like to procure the shareholders’ approval for the 20% General Mandate, inclusive of the Extended Utilisation Period, pursuant to Section 76(4) of the Act, at the forthcoming AGM of the Company.

  • The authority, unless revoked or varied by the Company in a general meeting, will expire at the end of the Utilisation Period, i.e., by 31 December 2021.

  • After that meeting, the Executive Committee of SWAPO had noted three areas in which South Africa was moving away from the terms of the plan for a settlement of the Namibian situation.

  • The 20% General Mandate may be utilised by listed issuer to issue new securities until 31 December 2021 and thereafter, the 10% general mandate will be reinstated (“Extended Utilisation Period “).

  • The Capacity Usage of each Voting ToP Shipper will be assessed in each Utilisation Period by reference to its Inloader Allocation and its Berth Allocation.

  • The allocated time in respect of a Utilisation Period for a Voting ToP Shipper will be the specified Inloader Allocation and Berth Allocation respectively for that Voting ToP Shipper, divided by 4.


More Definitions of Utilisation Period

Utilisation Period means, in respect of any cancellation of the Facility, the period commencing on (and including) the Facility Availability Date and ending on (but excluding) the relevant Cancellation Date.
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Utilisation Period means a period starting on the date of this Agreement and ending one Business Day prior to the Repayment Date.
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Related to Utilisation Period

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.

  • Utilisation means a utilisation of the Facility.

  • Drawdown Period means the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

  • Loan Period means, with respect to each LIBOR Rate Loan, the period commencing on the Funding Date for such LIBOR Rate Loan and ending on the numerically corresponding day one (1) month, two (2) months, three (3) months or six (6) months thereafter, as specified by the Borrower in the Notice of Borrowing submitted under Section 2.04; provided, however, that:

  • Drawdown means a drawdown of an Advance;

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Drawdown Date means, in relation to an Advance, the date requested by the Borrower for the Advance to be made, or (as the context requires) the date on which the Advance is actually made;

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • rest period is a paid interval which is included in the workday and is intended to give the employee an opportunity to have refreshments or a rest.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Relevant Test Period With respect to any Loan, the relevant test period for the calculation of Net Senior Leverage Ratio, Interest Coverage Ratio, Total Net Leverage Ratio or EBITDA as applicable, for such Loan in accordance with the related Underlying Instruments or, if no such period is provided for therein, (i) for Obligors delivering monthly financial statements, each period of the last twelve (12) consecutive reported calendar months, and (ii) for Obligors delivering quarterly financial statements, each period of the last four (4) consecutive reported fiscal quarters of the principal Obligor on such Loan; provided that with respect to any Loan for which the relevant test period is not provided for in the related Underlying Instruments, if an Obligor is a newly-formed entity as to which twelve (12) consecutive calendar months have not yet elapsed, “Relevant Test Period” shall initially include the period from the date of formation of such Obligor to the end of the twelfth (12th) calendar month or fourth (4th) fiscal quarter (as the case may be) from the date of formation, and shall subsequently include each period of the last twelve (12) consecutive reported calendar months or four (4) consecutive reported fiscal quarters (as the case may be) of such Obligor.

  • LIBOR Interest Period means, with respect to a LIBOR Advance, a period of one, two, three or six months, as selected in advance by the Borrower.

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Interest Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Payment Date and each successive period beginning on (and including) an Interest Payment Date and ending on (but excluding) the next succeeding Interest Payment Date.

  • Reset Interest Period means each period from (and including) the First Call Date or any Reset Date and ending on (but excluding) the next Reset Date;

  • Impacted Interest Period has the meaning assigned to such term in the definition of “LIBO Rate”.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • the relevant period means the period beginning at the commencement of the qualifying period and ending on the date when all the requirements of paragraph (A)(i) to (iv) above have been satisfied.