Weekly Reporting Period definition

Weekly Reporting Period means any period (a) during which any Default or any Event of Default has occurred and is continuing, or (b) that constitutes a Minimum Availability Period; provided that if the circumstances described in clause (a) or (b), as applicable, shall occur and cease to exist twice during any calendar year, then any subsequent Weekly Reporting Period occurring during such calendar year shall continue through the end of such calendar year.

Weekly Reporting Period means a period commencing on a Saturday and ending on (and including) the following Friday.

Weekly Reporting Period. For any Weekly Reporting Date, the calendar week ended on the Friday immediately preceding such Weekly Reporting Date.

Examples of Weekly Reporting Period in a sentence

• Upon such election, a Weekly Reporting Period shall begin and the Seller and the Servicer shall be required to provide Weekly Reports in accordance with Clauses 1(a)(ii) and 2(a)(iv) of Exhibit IV, as applicable.

• During any Weekly Reporting Period, as soon as available and in any event not later than the third Business Day of each week, a Weekly Report as of the most recently completed week.

• Upon any such election of the implementation of a Weekly Reporting Period, such Weekly Reporting Period shall continue hereunder at all times until the date on which Seller provides the Administrator and the Servicer with no less than two Business Days prior notice that it would like to terminate the Weekly Reporting Period and the Administrator provides its written consent to the termination of such Weekly Reporting Period (which consent may be provided or denied in the Administrator’s sole discretion).

• During a Weekly Reporting Period, as soon as available and in any event not later than the second Business Day of each calendar week, a Weekly Report as of the most recently completed calendar week.

• If a Weekly Reporting Period is then in effect, no later than the second Business Day of each calendar week, a Weekly Report as of the most recently completed calendar week.

More Definitions of Weekly Reporting Period

Weekly Reporting Period means any period beginning on a date so designated by the Administrator in its sole discretion on not less than five (5) Business Days’ notice to the Servicer and ending on any date, if any, so designated by the Administrator in its sole discretion.

Weekly Reporting Period means any Level 2 Ratings Period.

Weekly Reporting Period means any period commencing on the first date on which Availability is less than the greater of (a) $12,500,00015,000,000 and (b) 15.0% of the lesser of (i) the Borrowing Base then in effect and (ii) the Commitments, and continuing until the date upon which both (x) Availability has been equal to or greater than the greater of (a) $12,5000,00015,0000,000 and (b) 15.0% of the lesser of (i) the Borrowing Base then in effect and (ii) the Commitments, at all times during the preceding thirty (30) consecutive day period and (y) no Event of Default has occurred and is continuing.

Weekly Reporting Period means any Level 2 Ratings Period or Level 3 Ratings Period.

Weekly Reporting Period means each period beginning on the first Weekly Reporting Date that occurs on or after the date that is fifteen days following the date on which the Administrative Agent notifies that Borrower or the Servicer to commence delivering Weekly Reports after the occurrence of an Interim Report Trigger and ending on the date, if any, that an Interim Report Trigger is no longer continuing; provided, however, that each Weekly Reporting Period shall continuing for no less than four calendar weeks.

Weekly Reporting Period means any period of time (a) when an Event of Default has occurred and is continuing or (b) commencing on any day that the Aggregate Availability is less than the greater of $12,5000,000 and 10% of the Aggregate Commitment and continuing until such subsequent date, if any, as when the Aggregate Availability has exceeded the greater of $12,500,000 and 10% of the Aggregate Commitment for thirty (30) consecutive days.

Weekly Reporting Period means any period (a) beginning on the date that Excess Availability is less than the greater of (i) 10% of the Maximum Borrowing Amount and (ii) $40,000,000 for five consecutive Business Days, until such time as Excess Availability has been at least the greater of (i) 10% of the Maximum Borrowing Amount and (ii) $40,000,000 for at least 20 consecutive calendar days, or (b) during which a Specified Default has occurred and is continuing.