Category C Period definition

Category C Period subject to the Category Rules, at any time that either (i) the S&P Credit Rating is BBB+ or (ii) the Moody's Credit Rating is Baa1.
Category C Period subject to the Category Rules, at any time that either (i) the S&P Credit Rating is BBB+ or (ii) the Xxxxx'x Credit Rating is Baa1.
Category C Period shall exist at any time (i) Holdings has received gross cash proceeds of at least $200,000,000 from the sale after the Closing Date of its Equity Interests pursuant to a public offering of common stock, (ii) any Tranche II Term Loans remain outstanding and (iii) the Net Leverage Ratio is greater than or equal to 4.50 to 1.00.

Examples of Category C Period in a sentence

  • The definition of "Applicable Margin" appearing in Section 10.01 of the Credit Agreement is hereby amended by deleting Table B contained therein in its entirety and inserting the following new Table B in lieu thereof: Table B Eurodollar Applicable Rating Base Rate CD Rate Rate Period Margin Margin Margin Category A Period 0% .625% .5% Category B Period 0% .75% .625% Category C Period 0% .875% .75% Category D Period 0% 1.125% 1% Category E Period .125% 1.25% 1.125% 3.

  • Category F Period None of a Category A Period, a Category B Period, a Category C Period, a Category D Period or a Category E Period is in effect at such time.

  • Instead, the kaleidoscopic arrangement of these quotations undermines any attempt to discern in them a coherent narrative, a method I argue to be constitutive of Kraus’s critique: Nazism, as Kraus saw it, cannot be easily narrated.

  • Section 1.1 of the B Credit Agreement is hereby amended by deleting the definition of "Facility Fee Percentage" in its entirety and inserting in lieu thereof the following definition: "Facility Fee Percentage": a percentage equal to at any time (i) during a Category A Period, 0.0600%, (ii) during a Category B Period, .0675%, (iii) during a Category C Period, .0800%, (iv) during a Category D Period, .1250% and (v) during a Category E Period, .2000%." 3.


More Definitions of Category C Period

Category C Period. Category D Period”, “Category E Period”, “Category F Period” and “Facility Fee Percentage” appearing in said subsection in their entirety and inserting the following new definitions in lieu thereof:
Category C Period means, subject to the Category Rules, any time that (i) neither a Category A Period nor a Category B Period is applicable, (ii) the S&P Credit Rating is BB- or higher and (iii) the Xxxxx’x Credit Rating is Ba3 or higher.
Category C Period shall exist at any time if (i) Holdings has received cash proceeds from the sale after the Final Third Amendment Effective Date of its Equity Interests pursuant to a public offering of common stock, (ii) the Net Leverage Ratio is less than or equal to 4.75 to 1.00 as at the last day of the most recent fiscal quarter for which financial statements have been, or were required to be, delivered pursuant to Section 5.04(a) or (b), as applicable and (iii) on or prior to the day that Holdings has received such cash proceeds, the Borrower shall have received a corporate family rating from Xxxxx’x Investors Service, Inc. of at least B1, and such rating shall be in effect on the day that Holdings has received such cash proceeds.
Category C Period. The Applicable Leverage Ratio is greater than or equal to 0.275 to 1.0 but less than 0.335 to 1.0 AND the Applicable Credit Rating is BBB-/Baa3, but neither a Category A Period nor a Category B Period is in effect at such time.
Category C Period means a period during which the Leverage Ratio of the Borrower as of the last day of the then most recently ended calendar quarter for which the Borrower has delivered financial statements pursuant to Section 5.3(a) or (b) is greater than or equal to 0.2:1.0 but less than 0.25:1.0 (it being understood that if the foregoing ratio is satisfied, such period shall be a Category C Period from and including the date of delivery of such financial statements to but excluding the date of the next delivery of such financial statements).

Related to Category C Period

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Extended Period As defined in Section 9.04(b).

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • 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.

  • Category 2 Training: This category includes services related to training state employees to understand and apply Agile concepts and tools.

  • Fixed Period means with respect to any Borrowing (or portion thereof):

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy 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).

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • 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.

  • 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.

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Category 3 means those affected lands and support facilities if those lands supported operations which were not completed or substantially completed prior to July 1, 1973 (the effective date of the Wyoming Environmental Quality Act) and any affected lands or support facilities taken out of use on or after July 1, 1973 and before May 25, 1975 (the effective date of the Division’s 1975 Rules and Regulations).

  • Extended Use Period means the period beginning on the 1st day in the compliance period on which such building is part of a qualified low-income housing project, and ending on the later of the date specified by such agency in such agreement, or the date which is 15 years after the close of the compliance period.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Highest Rating Category means, with respect to an Eligible Investment, that the Eligible Investment is rated by S&P or Moody’s in the highest rating given by that rating agency for that general category of security. By way of example, the Highest Rating Category for tax-exempt municipal debt established by S&P is “A-1+” for debt with a term of one year or less and “AAA” for a term greater than one year, with corresponding ratings by Moody’s of “MIG-1” (for fixed rate) or “VMIG-1” (for variable rate) for three months or less and “Aaa” for greater than three months. If at any time (a) the Bonds are not rated, (b) both S&P and Moody’s rate an Eligible Investment and (c) one of those ratings is below the Highest Rating Category, then such Eligible Investment will, nevertheless, be deemed to be rated in the Highest Rating Category if the lower rating is no more than one rating category below the highest rating category of that rating agency. For example, an Investment rated “AAA” by S&P and “Aa3” by Xxxxx’x is rated in the Highest Rating Category. If, however, the lower rating is more than one full rating category below the Highest Rating Category of that rating agency, then the Eligible Investment will be deemed to be rated below the Highest Rating Category. For example, an Eligible Investment rated “AAA” by S&P and “A1” by Xxxxx’x is not rated in the Highest Rating Category.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Notification Period has the meaning given to such term in Clause 3.10(b) or 3.10(c) of the Gold Bullion Terms, as the case may be.