Daily Reporting Period definition

Daily Reporting Period means the period (a) beginning on the fifth (5th) Business Day after the date (or, if an Event of Default has occurred and is continuing, on the date), if any, on which the Administrative Agent (in its sole discretion) delivers written notice to the Servicer stating that the Servicer shall be required to deliver Daily Reports hereunder, and (b) ending on the date, if any, designated by the Administrative Agent (in its sole discretion) by written notice to the Servicer.

Daily Reporting Period means any Level 3 Ratings Period.

Daily Reporting Period means the period beginning on the first Business Day after the current published rating by S&P or Xxxxx’x of International Paper’s long-term senior unsecured non-credit-enhanced debt is less than BB from S&P or is less than Ba2 from Xxxxx’x.

Examples of Daily Reporting Period in a sentence

• The Agent is authorized (i) when an Amortization Event exists or (ii) during a Daily Reporting Period, to date and to deliver to the Collection Banks the Collection Notices and to date and deliver to the U.S. Postmaster, the P.O. Box Transfer Notices.

• At no time prior to the Termination Date shall Borrower permit a Borrowing Base Deficiency to exist for (i) at any time a Monthly Reporting Period is in effect, two (2) Business Days, and (ii) at any time a Daily Reporting Period is in effect, one (1) Business Day.

• Upon the request of the Administrative Agent at any time that a Daily Reporting Period, Unmatured Event of Default or Event of Default is then continuing, the Borrower shall identify and segregate any Collections on Ineligible Dexcom Receivables apart from other Collections within two (2) Business Days of receipt of such Collections on Ineligible Dexcom Receivables.

• Upon the request of the Administrative Agent at any time that a Daily Reporting Period, Unmatured Event of Default or Event of Default is then continuing, the Servicer shall identify and segregate any Collections on Ineligible Dexcom Receivables apart from other Collections within two (2) Business Days of receipt of such Collections on Ineligible Dexcom Receivables.

• Notwithstanding the foregoing, unless an Amortization Event shall have occurred and be continuing or a Daily Reporting Period shall be in effect, Seller Parties shall not be responsible for the costs of more than two Audits performed during any consecutive 12-month period.

More Definitions of Daily Reporting Period

Daily Reporting Period means any period during which the Debt Rating shall be [BB] or lower by S&P or [Ba2] or lower by Moody's or shall not be rated by S&P or by Moody's.

Daily Reporting Period means any period during which PSE’s Debt Rating shall be B or lower by S&P, or B2 or lower by Xxxxx’x.

Daily Reporting Period means, any period during which (i) the senior unsecured long-term debt of the Parent is rated less than BB- by S&P or Ba3 by Xxxxx'x (or either such rating is suspended or withdrawn) or (ii) a Financial Covenant Grace Period exists.

Daily Reporting Period means (i) the period beginning on the fifth (5th) Business Day after the date, if any, on which the Administrative Agent delivers a notice in writing to the Servicer that it is then requiring the delivery of Daily Reports hereunder, which notice shall not be delivered prior to the occurrence of a Ratings Event, and ending on the date on which the Administrative Agent (acting in its sole discretion) delivers a notice in writing to the Servicer that it is no longer requiring the delivery of Daily Reports or (ii) any date on which an Event of Default or Unmatured Event of Default is then continuing.

Daily Reporting Period means (i) the period beginning on the fifth (5th) Business Day after the date, if any, on which the Administrative Agent delivers a notice in writing to the Servicer that it is then requiring the delivery of Daily Reports hereunder, which notice shall not be delivered prior to the occurrence of a Level II Ratings Event, and ending on the date on which the Administrative Agent (acting in its sole discretion) delivers a notice in writing to the Servicer that it is no longer requiring the delivery of Daily Reports or (ii) any date on which an Event of Default or Unmatured Event of Default is then continuing.

Daily Reporting Period each have the meaning specified in the Financing Agreement.

Daily Reporting Period means the period commencing upon the date of any Daily Reporting Trigger Event and terminating upon the date of the first Daily Reporting Termination Event following such Daily Reporting Trigger Event.