Margin Reduction Period means each period which shall commence on a date on which the financial statements are delivered pursuant to Section 8.01(a) or (b), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(a) or (b), as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered to Section 8.01(a) or (b), as the case may be.
Margin Reduction Period means each period which shall commence on the date occurring after the Initial Borrowing Date upon which respective officer's certificate is delivered pursuant to Section 8.01(f) and which shall end on the date of actual delivery of the next officer's certificates pursuant to section 8.01(f) or the latest date on which such next officer's certificate is required to be so delivered.
Margin Reduction Period means each period which shall commence on a date on which the financial statements are delivered pursuant to Section 8.01(a) (other than in respect of the fourth fiscal quarter of any fiscal year of Silgan) or Section 8.01(b), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(a) (other than in respect of the fourth fiscal quarter of any fiscal year of Silgan) or Section 8.01(b), as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(a) (other than in respect of the fourth fiscal quarter of any fiscal year of Silgan) or Section 8.01(b), as the case may be; provided that the first Margin Reduction Period shall commence on the date of delivery of the financial statements in respect of the fiscal quarter of Silgan ending on March 31, 2017.
More Definitions of Margin Reduction Period
Margin Reduction Period means each period which shall commence on the date occurring after the Initial Borrowing Date upon which the respective officer’s certificate is delivered pursuant to Section 8.01(d) (together with the related financial statements pursuant to Section 8.01(a) or (b), as the case may be) in respect of the Borrower’s fiscal quarter ending June 30, 2010 and which shall end on the date of actual delivery of the next officer’s certificates pursuant to Section 8.01(d) (and related financial statements) or the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered.
Margin Reduction Period means each period which shall commence on the date occurring after the Effective Date on which the respective officer’s certificates are delivered pursuant to Section 10.11(d) (or, if not so delivered, the latest date on which such officer’s certificates are required to be delivered) together with the related financial statements pursuant to Section 10.11(a) or 10.11(b), as the case may be and which shall end on the earlier of (i) the date of actual delivery of the next officer’s certificates pursuant to Section 10.11(d) (together with the related financial statements) and (ii) the latest date on which the next officer’s certificates are required to be delivered pursuant to Section 10.11(d) (together with the related financial statements).
Margin Reduction Period means each period which shall commence on a date on which the financial statements are delivered pursuant to Section 8.01(a) or (b), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(a) or (b), as the case may be, and (ii) the latest date on which the next financial statements are required to be delivered to Section 8.01(a) or (b), as the case may be, provided that the first Margin Reduction Period shall commence no earlier than the date of delivery of the first set of financial statements pursuant to Section 8.01(b) after the Initial Borrowing Date.
Margin Reduction Period means each period which shall commence on the date upon which the respective officer’s certificate is delivered pursuant to Section 8.01(e) (together with the related financial statements pursuant to Section 8.01(a) or (b), as the case may be) and which shall end on the date of actual delivery of the next officer’s certificate pursuant to Section 8.01(e) (and related financial statements) or the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered; it being understood that the first Margin Reduction Period shall commence with the delivery of the Borrower’s financial statements (and related officer’s certificate) in respect of the Borrower’s fiscal quarter ending closest to June 30, 2004.
Margin Reduction Period means each period which shall commence on the date upon which the respective officer’s certificate is delivered pursuant to Section 8.01(g) (together with the related financial statements pursuant to Section 8.01(a) or (b), as the case may be) and which shall end on the date of actual delivery of the next officer’s certificate pursuant to Section 8.01(g) (and related financial statements) or the latest date on which such next officer’s certificate (and related financial statements) is required to be so delivered; it being understood that the first Margin Reduction Period shall commence with the delivery of the Parent’s financial statements (and related officer’s certificate) in respect of its fiscal quarter ending on September 30, 2007.
Margin Reduction Period means each period which shall commence on the date upon which the respective officer’s certificate is delivered pursuant to Section 9.01(f) (together with the related Section 9.01 Financials) and which shall end on the date of actual delivery of the next officer’s certificate pursuant to Section 9.01(f) (and related Section 9.01 Financials) or the latest date on which such next officer’s certificate (and related Section 9.01 Financials) is required to be so delivered; it being understood that the first Margin Reduction Period shall commence with the delivery of Holdings’ Section 9.01 Financials (and related officer’s certificate) in respect of its fiscal quarter of Holdings ended closest to December 31, 2010.
Margin Reduction Period means each period which shall commence on a date on which the financial statements are delivered pursuant to Section 8.01(b) or (c) (or the date of the delivery of the IRD Eligibility Certificate, if applicable), as the case may be, and which shall end on the earlier of (i) the date of actual delivery of the next financial statements pursuant to Section 8.01(b) or (c), as the case may be, (but excluding the delivery of the financial statements delivered pursuant to Section 9.01(c) for the fiscal year ended December 31, 1997, in the event the IRD Eligibility Certificate has been delivered to the Banks) and (ii) the latest date on which the next financial statements are required to be delivered pursuant to Section 8.01(b) or (c), as the case may be, (or the date occurring 45 days after the close of the first quarterly accounting period in the fiscal year of the Borrower ended December 31, 1998) it being understood that the first Margin Reduction Period shall commence on the earlier of (x) the date of the delivery of the IRD Eligibility Certificate and (y) the date of delivery of the first set of financial statements pursuant to Section 8.01(b) after the Initial Borrowing Date.