Bulge Period definition

Bulge Period means the period commencing July 15, 2001 and ending September 30, 2001.
Sample 1
Bulge Period. The period of time commencing on the Bulge Effective Date and ending on the later of: (a) October 15, 2002; and (b) the date the sum of the outstanding principal balance of the Note, plus the Letter of Credit Obligations, is permanently reduced to One Hundred Million Dollars ($100,000,000.00) or less.
Sample 1
Bulge Period means the period starting September 29, 2022 and ending, at the Borrower’s option, no earlier than December 31, 2022 and no later than January 31, 2023.” 2.3 Section 1.1.52 of the Amended and Restated Credit Agreement is hereby deleted and replaced with the following: “1.1.52 “Credit Facility” – means the committed revolving credit facility in the maximum amount of one hundred and twenty-five million CDollars (C$125,000,000) or the Equivalent Amount in USDollars, except for the Bulge Period where it should be increased to one hundred and forty million CDollars (C$140,000,000) or the Equivalent Amount in US Dollars, which the Lenders will make available to the Borrower pursuant to, and in accordance with the terms of, ARTICLE 3 and the other provisions of this Agreement.” 2.4 Notwithstanding the requirement to obtain account control agreement in respect of any bank accounts maintained or used by a US Obligor with a US financial institution as set forth in Section 12.1.11, the Lenders agree to waive such requirement for the bank accounts held by Datum Consulting Group, LLC with [Redacted] provided that such bank accounts are permanently closed by no later than December 31, 2022. In addition, the Lenders also agree to extend the delay provided for in such Section 12.1.11 for the bank accounts of Vitalyst, LLC to be transferred to [Redacted], which bank accounts shall be transferred by no later than December 31, 2022. 2.5 Schedule 1.1.169 (Total Commitment) of the Amended and Restated Credit Agreement is hereby deleted and replaced by the attached Schedule 1.1.169. ARTICLE 3
Sample 1

Examples of Bulge Period in a sentence

  • During the Bulge Period, the advances bear interest at the Canadian or U.S. prime rate, plus an applicable margin ranging from 0.75% to 1.50%, or bankers’ acceptances or SOFR rates, plus an applicable margin ranging from 2.00% to 2.75%, as applicable for Canadian and U.S. advances, respectively.

  • On September 29, 2022, the Credit Facility was amended to temporarily increase the maximum amount available under the Credit Facility to $140,000,000 for the period from September 29, 2022 to January 31, 2023 (the "Bulge Period").

  • The Group can terminate the Bulge Period at its option commencing December 31, 2022.

  • Permit the Total Leverage Ratio to exceed sixty percent (60%) as of the last day of any fiscal quarter; provided that for the two (2) consecutive quarters following any Material Acquisition (each such period, a “Leverage Bulge Period”), the Total Leverage Ratio may exceed sixty percent (60%) so long as it does not exceed sixty-five percent (65%), but only if such ratio was equal to or less than sixty percent (60%) for at least one (1) fiscal quarter following any immediately prior Leverage Bulge Period.

  • In addition to the standby fee payable under the Loan Agreement, during the Bulge Period the Borrower shall also pay a standby fee on the average daily unused amount of the undrawn portion of the increased Credit Limit of Facility 1, payable on the third Business Day following the last Business Day of fiscal quarters ending September and December 2021.

  • The Credit Parties shall cause the Consolidated Leverage Ratio as of the end of each fiscal quarter to be equal to or less than 60%; provided that, for the four consecutive quarters following any Significant Acquisition (each such period, a “Leverage Bulge Period”), such ratio may exceed 60% so long as it does not exceed 65%, but only if the Consolidated Leverage Ratio was equal to or less than 60% for at least one (1) fiscal quarter following any immediately prior Leverage Bulge Period.

  • In addition to its repayment obligations under the Loan Agreement, the Borrower shall pay (without any prepayment fee) to the Bank on the last business day of the Bulge Period the amount required to bring the outstanding drawdowns under Facility 1 into compliance with the reduced Credit Limit applicable to Facility 1 as of January 1st, 2022.

  • The Credit Parties shall cause the Consolidated Leverage Ratio as of the end of any fiscal quarter, to be equal to or less than 60%; provided that for the four consecutive quarters following any Significant Acquisition (each such period, a “Leverage Bulge Period”), such ratio may exceed 60% so long as it does not exceed 65%, but only if the Consolidated Leverage Ratio was equal to or less than 60% for at least one (1) fiscal quarter following any immediately prior Leverage Bulge Period.

  • BANK OF MONTREAL By: (s) Authorized Signing Officer Name: Title: By: (s) Authorized Signing Officer Name: Title: Schedule 1.1.169 Total Commitment Name Commitments and Participations outside of the Bulge Period Commitments and Participations during the Bulge Period 1.


More Definitions of Bulge Period

Bulge Period means the period beginning on October ____, 2012 and ending on Termination Date of the Revolving Credit Loan.
Sample 1

Related to Bulge Period

  • 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.

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

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Free period means any Period other than the Prohibited Period.

  • Post-Change Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the second anniversary of the occurrence of such Change in Control.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • 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).

  • Protection Period means the period commencing on the Change in Control Date and ending on the second anniversary thereof.

  • PAGA Period means the period from June 25, 2020 through December 31, 2022.

  • Prior Period With respect to any Distribution Date, the calendar month immediately preceding such Distribution Date.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Window Period means the 3 consecutive calendar month period prior to the Scheduled Maturity Date.

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

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Agreement Period means the time period specified in Article IV, Paragraph A, herein.

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

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Planning Period means the 12 moths beginning June 1 and extending through May 31 of the following year, or such other period approved by the Members Committee.

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Operation Period means the period commencing from COD and ending on the Transfer Date;