Initial Blockage Period definition

Initial Blockage Period has the meaning specified in Section 2.3(b) hereof.
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Initial Blockage Period has the meaning provided in Section 11.03.
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Initial Blockage Period. 1203 "Offer" 1013 "Offer Date" 1013 "Offered Price" 1013 "Pari Passu Debt Xxxxxx" 0000 "Pari Passu Offer" 1013 "Payment Blockage Period" 1203 "Permitted Indebtedness" 1008 "Permitted Payment" 1009 "refinancing" 1008 "Required Filing Dates" 1019 "Security" or "Securities" Recitals "Security Xxxxxx" 0000 "Senior Guarantor Representative" 1424 "Senior Representative" 1203 "Surviving Entity" 801 "U.S. Government Obligations" 404 Section 103. Compliance Certificates and Opinions. ------------------------------------ Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company and any Guarantor (if applicable) and any other obligor on the Securities (if applicable) shall furnish to the Trustee an Officers' Certificate in a form and substance reasonably acceptable to the Trustee stating that all conditions precedent, if any, provided for in this Indenture (including any covenants compliance with which constitutes a condition precedent) relating to the proposed action have been complied with, and an Opinion of Counsel in a form and substance reasonably acceptable to the Trustee stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such documents, certificates or opinions is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. Every certificate or Opinion of Counsel with respect to compliance with a condition or covenant provided for in this Indenture shall include:
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Examples of Initial Blockage Period in a sentence

  • Any number of additional Payment Blockage Periods may be commenced during the Initial Blockage Period; provided, however, that no such additional Payment Blockage Period shall extend beyond the Initial Blockage Period.

  • After the expiration of an Initial Blockage Period, no subsequent Payment Blockage Period may be commenced, until at least 90 consecutive days shall have elapsed from the last day of the Initial Blockage Period, even if a Payment Blockage Event shall occur during such 90-day period.

  • If a Payment Blockage Period is commenced (an “Initial Blockage Period”), additional Payment Blockage Periods may be commenced during the Initial Blockage Period, provided that no such additional Payment Blockage Period shall extend beyond the expiration of the Initial Blockage Period.

  • After the expiration of the Initial Blockage Period, no Payment Blockage Period may be commenced under this Section 12.03(b) until at least 180 consecutive days have elapsed from the last day of the Initial Blockage Period.

  • Notwithstanding any other provision of the Indenture, in no event shall a Payment Blockage Period commenced in accordance with the provisions of the Indenture described in 80 -72- this paragraph extend beyond 179 days from the date of the receipt by the Trustee of the notice referred to above (the "Initial Blockage Period").

  • Any number of additional Payment Blockage Periods may be commenced during the Initial Blockage Period.

  • Any number of additional Blockage Periods may be commenced during the Initial Blockage Period; provided, however, that no such additional Blockage Period shall extend beyond the Initial Blockage Period.

  • In no event shall a Payment Blockage Period extend beyond 179 days from the date of the receipt by the Lenders of the notice referred to in this Section 9.3(b) (the "Initial Blockage Period") and only one such Payment Blockage Period may be commenced within any 360 consecutive days.

  • After the expiration of the Initial Blockage Period, no Payment Blockage Period may be commenced under the provisions of the Series A Notes Indenture described in this paragraph until at least 180 consecutive days have elapsed from the last day of the Initial Blockage Period.

  • After the expiration of the Initial Blockage Period, no Payment Blockage Period may be commenced under this Section 9.3(b) until at least 180 consecutive days have elapsed from the last day of the Initial Blockage Period.


More Definitions of Initial Blockage Period

Initial Blockage Period. 1203 "Payment Blockage Period" 1203 "Physical Securities" 305 "Senior Representative" 1203 "Surviving Entity" 801 "U.S. Government Obligations" 404 Section 103. Compliance Certificates and Opinions. Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company, any Guarantor and any other obligor on the Securities of any series shall furnish to the Trustee an Officers' Certificate stating that all conditions precedent, if any, provided for in this Indenture (including any covenants compliance with which constitutes a condition precedent) relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such documents, certificates and/or opinions is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. Every certificate or Opinion of Counsel with respect to compliance with a condition or covenant provided for in this Indenture shall include:
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Related to Initial Blockage Period

  • Blockage Period has the meaning provided in Section 10.02.

  • Payment Blockage Period shall have the meaning specified in Section 12.2(b).

  • Blockage Notice has the meaning specified in Section 12.4.

  • Payment Blockage Notice has the meaning specified in Section 4.03.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Coverage Period means the time period specified on the Declarations Page beginning on the effective date and ending on the expiration date. All dates are as of 12:01 AM in the time zone of the Policyholder.

  • Acquisition Period means the period beginning, at the election of the Company, with the funding date of the purchase price for a Specified Acquisition and ending on the earliest of (a) the third following fiscal quarter end, (b) the Company’s receipt of proceeds of a Specified Equity Offering; and (c) the Company’s election in writing to terminate such Acquisition Period.

  • Exchange Period shall have the meaning set forth in Section 2(a) hereof.

  • Four Quarter Period has the meaning set forth in the definition of “Consolidated Fixed Charge Coverage Ratio.”

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • Additional Junior Indebtedness means, without duplication and other than the Debentures, any indebtedness, liabilities or obligations of the Company, or any Subsidiary of the Company, under debt securities (or guarantees in respect of debt securities) initially issued after the date of this Indenture to any trust, or a trustee of a trust, partnership or other entity affiliated with the Company that is, directly or indirectly, a finance subsidiary (as such term is defined in Rule 3a-5 under the Investment Company Act of 1940) or other financing vehicle of the Company or any Subsidiary of the Company in connection with the issuance by that entity of preferred securities or other securities that are eligible to qualify for Tier 1 capital treatment (or its then equivalent) for purposes of the capital adequacy guidelines of the Federal Reserve, as then in effect and applicable to the Company (or, if the Company is not a bank holding company, such guidelines applied to the Company as if the Company were subject to such guidelines); provided, however, that the inability of the Company to treat all or any portion of the Additional Junior Indebtedness as Tier 1 capital shall not disqualify it as Additional Junior Indebtedness if such inability results from the Company having cumulative preferred stock, minority interests in consolidated subsidiaries, or any other class of security or interest which the Federal Reserve now or may hereafter accord Tier 1 capital treatment (including the Debentures) in excess of the amount which may qualify for treatment as Tier 1 capital under applicable capital adequacy guidelines.

  • Subordination Period means the period commencing on the Closing Date and ending on the first to occur of the following dates:

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Shelf Suspension Period See Section 3(a) hereof.

  • Overlap Period means any taxable year or other taxable period beginning on or before and ending after the Closing Date.

  • Issuance Period shall have the meaning specified in paragraph 2B(2).

  • Run-Out Period means a period after the close of a Plan Year or other period during which Participants in a flexible spending arrangement (FSA) may request reimbursement for expenses incurred during the Period of Coverage.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Reference Period shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.