Default Management Period definition

Default Management Period means any period of time during the term hereof when the Property is not being managed by an Approved Manager pursuant to the terms hereof.
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Examples of Default Management Period in a sentence

  • Notwithstanding the foregoing, Clearing Members will not be liable to make good during a single Default Management Period more than an additional 200% of the amount of their Clearing Fund deposits required at the beginning of the Default Management Period as prescribed by the Rules.

  • The procedure related to the transfer by way of Porting will start for CDCC immediately after the suspension of the Clearing Member and will continue until the end of the Default Management Period.

  • The Company will not declare, make or pay, or commit to declare, make or pay, any Restricted Payment.

  • Hence, if the second default occurs while the Corporation is still managing a first one, the maximum amount of Clearing Members’ financial resources potentially exposed to losses will remain the same for the duration of the Default Management Period whether one or several defaults are processed.

  • The transfer process (by way of Porting) will begin for CDCC immediately after the suspension of the Clearing Member and will continue until the end of the Default Management Period.

  • Members will be permitted t o maintain their Default Fund collateral composition rat io in t erms of Clause D ( i i ) above, after t he completion of Default Management Period has been advised to Members b y t he Clearing Corporation.

  • Members shall be required t o meet Assessment Cal l s within such t ime period as ma y be advised b y Clearing Corporation during t he particular Default Management Period; v.

  • Linked lives: The Intergenerational Transmission of antisocial behavior, Journal of Abnormal Child Psychology, 31, 171-189.

  • While the conditions of use of Recovery Loss Cash Payment allows for multiple or recurring calls, the aggregate amount required by a Clearing Member over a single Default Management Period shall not exceed the amount of such Clearing Member’s contribution to the Clearing Fund at the commencement of the Default Management Period.

  • During the Default Management Period, i f an additional contribution t o the Default Fund i s sought b y Clearing Corporation i n t erms of Para I ( i ) ( f ) abov e , the Member shall be required t o deposit such additional sums forthwith and bring t he balance i n i t s Default Fund account a t par with i t s required contribution t o t he fund i n t erms of Para C( i i ) above of this Chapter.

Related to Default Management Period

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Agreement Period shall have the meaning ascribed thereto in Clause 3.2 of this Agreement.

  • Disbursement Period means the period during which Grant Funds may be disbursed.

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Payment Period means the three months following each Collection Quarter.

  • Availability Termination Date means, as to any Borrower, the earlier of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.

  • Investment Period means, and shall be equal to, the Standard Investment Period.

  • Default Period means, with respect to any Defaulting Lender, the period commencing on the date of the applicable Funding Default and ending on the earliest of the following dates: (i) the date on which all Commitments are cancelled or terminated and/or the Obligations are declared or become immediately due and payable, (ii) the date on which (a) the Default Excess with respect to such Defaulting Lender shall have been reduced to zero (whether by the funding by such Defaulting Lender of any Defaulted Loans of such Defaulting Lender or by the non-pro rata application of any voluntary or mandatory prepayments of the Loans in accordance with the terms of Section 2.13 or Section 2.14 or by a combination thereof) and (b) such Defaulting Lender shall have delivered to Company and Administrative Agent a written reaffirmation of its intention to honor its obligations hereunder with respect to its Commitments, and (iii) the date on which Company, Administrative Agent and Requisite Lenders waive all Funding Defaults of such Defaulting Lender in writing.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Revolving Facility Termination Date means the earlier of (i) January 29, 2013, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Enforcement Period means the period of time following the receipt by either the ABL Agent or the Term Agent of an Enforcement Notice from the other and continuing until the earliest of (a) in the case of an Enforcement Period commenced by the Term Agent, the Discharge of Term Obligations, (b) in the case of an Enforcement Period commenced by the ABL Agent, the Discharge of ABL Obligations, or (c) the ABL Agent or the Term Agent (as applicable) terminates, or agrees in writing to terminate, the Enforcement Period.

  • Consent Period has the meaning set forth in Section 3.05(d)(ii).

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Agreement Termination Date is defined in Section 7.4.

  • Summer Period means the June, July, August, and September billing months. “Winter Period” means the December, January, February, and March billing months. “Transition Period” means the April, May, October, and November billing months.

  • Event Termination Date See Section 2(e) hereof.

  • Forbearance Termination Event has the meaning set forth in Section 3(a) hereto.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

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

  • Project Period means the period es- tablished in the award document dur- ing which Federal sponsorship begins and ends.

  • Postponement Period has the meaning ascribed to such term in Section 2.1(b).