Weekly Reporting Trigger definition

Weekly Reporting Trigger means (a) the occurrence of an Event of Default or (b) the occurrence of an Availability Event.
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Weekly Reporting Trigger set forth in Exhibit I of the Existing Agreement is hereby deleted and replaced in its entirety with the following: ““Weekly Reporting Trigger” at any time, the Available Liquidity is less than $200,000,000; provided, that, in each case, a Weekly Reporting Trigger shall only be effective upon the Majority Purchaser Agents’ declaration of the same.” (g) Section 1.2(a) of the Existing Agreement is hereby deleted and replaced in its entirety with the following: “Section 1.2
Sample 1
Weekly Reporting Trigger means (i) at any time during the first twelve (12) months after the Closing Date, the Available Liquidity remains less than $200,000,000 for thirty (30) consecutive days and (ii) at any time thereafter, the Available Liquidity is less than $200,000,000; provided that, in each case, a Weekly Reporting Trigger shall only be effective upon Administrator’s declaration of the same.
Sample 1

Examples of Weekly Reporting Trigger in a sentence

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

  • Upon and after the date which is ninety (90) days after any Weekly Reporting Trigger, Borrowing Base Certificates may resume being submitted on a monthly basis unless and until another Weekly Reporting Trigger occurs.

  • By the 20th day of each month, Borrower Agent shall deliver to Agent (and Agent shall promptly deliver same to Lenders), a Borrowing Base Certificate prepared as of the close of business of the previous month; provided that during a Weekly Reporting Trigger Period, Borrower Agent shall deliver to Agent, a Borrowing Base Certificate by the third Business Day of each week, as of the prior week end, and at such other times as Agent may request.

  • By the fifteenth (15th) day of each month, Administrative Borrower, on behalf of Borrowers, shall deliver to Agent (and Agent shall promptly deliver same to Lenders) a Borrowing Base Certificate prepared as of the close of business of the previous month, and at such other times as Agent may reasonably request; provided, however, upon a Weekly Reporting Trigger, such Borrowing Base Certificates shall be delivered on Friday of each week prepared as of the close of business of the previous week.

  • Work Order (indicating detailed schedule/items/BOQ/SOR of work) in support of Qualifying Work Order(s) value as per qualifying parameters.

  • If a Weekly Reporting Trigger Event has occurred and is continuing, a Weekly Report not later than the second Business Day of each calendar week, calculated as of the last day of the immediately prior calendar week.


More Definitions of Weekly Reporting Trigger

Weekly Reporting Trigger at any time, the Available Liquidity is less than $200,000,000; provided that, in each case, a Weekly Reporting Trigger shall only be effective upon Administrator’s declaration of the same.
Sample 1

Related to Weekly Reporting Trigger

  • Weekly Reporting Period means any Level 2 Ratings Period.

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Consumer reporting agency means any person that, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information concerning consumers for the purpose of furnishing consumer credit reports to third parties.

  • Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;

  • Quarterly reporting period means the three-month period covered by each

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Rapidly report means within 72 hours of discovery of any cyber incident.

  • Reporting Day means the day (if any) specified as such in the Reference Rate Terms.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.

  • Carve-Out Trigger Notice means a written notice delivered by the Administrative Agent or the Required Lenders (which delivery may be made by any electronic method of transmission) to the Borrower and its counsel, the United States Trustee, and lead counsel to any Committee, which notice may be delivered following the occurrence and continuance of an Event of Default, and stating that the Post-Carve-Out Trigger Notice Cap has been invoked.

  • Reporting Period With respect to each Payment Date and for purposes of making calculations with respect to the hypothetical structure and Reference Tranches as set forth in this Agreement:

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Covenant Trigger Period means the period (a) commencing on the day that (i) an Event of Default occurs or (ii) Availability is less than the greater of (x) 10% of Available Credit and (y) $20,000,000 and (b) continuing until, at all times thereafter for a period of 30 consecutive days during which, (i) no Event of Default exists and (ii) Availability shall have been not less than the greater of (x) 10% of Available Credit and (y) $20,000,000.