Exception Period definition

Exception Period has the meaning assigned to such term in Section 2.11(c).

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Exception Period has the meaning assigned to such term in the definition of “Applicable Percentage.”

Exception Period means, if the Seller closes a Securitization transaction that results in a reduction of at least 75% of the aggregate outstanding principal balance of the Advances under this Agreement that were outstanding immediately prior to such closing the period from and including the date of such closing to but excluding the earlier of (i) the date falling three months after the date of such closing, and (ii) the first date on which the aggregate principal balance of the Advances made under this Agreement since the date of such closing equals or exceeds $25,000,000.

Examples of Exception Period in a sentence

If, at the ▇▇▇▇ ▇▇▇▇▇▇ responds to Buyer’s Ceiling Exception Request, Seller believes that it can [***] the requested number of tons (rounded to the nearest truckload) of [***] during the Proposed Ceiling Exception Period without there being a “Shipping Schedule Risk” (as hereinafter defined), Seller shall give Buyer notice to the effect set forth in “alternative (1)” above.
If during the Exception Period, Bonds are issued which mature after the Initial Bond Maturity Date, the Credit Enhancement Instrument supporting such Bonds shall have an Expiration Date which is the same as the Expiration Date of the Credit Enhancement Instrument supporting the Initial Bonds.
The Company hereby agrees, if applicable, to solicit Holders of Corporate Units to timely instruct the Purchase Contract Agent as to the exercise of such voting rights in order to enable the Purchase Contract Agent to vote such Notes.
During each Exception Period, you will make available to us by telephone from 8:00 A.M. until 8:30 P.M. Central Time each day those personnel necessary to enable us to clarify any questions that may arise concerning orders received.
Three Months Exception Period – For 3 months pas the Effective Date of this Agreement, the $2,000 (two thousand dollars) of the Minimum Combined Fee will be taken as a Promissory Note as described in Section 4 below.

More Definitions of Exception Period

Exception Period means, if any Term Securitization closes that results in a reduction of at least 65% of the aggregate outstanding principal balance of the Advances hereunder that were outstanding immediately prior to such closing, the period from and including the date of such closing to but excluding the earlier of (i) the date falling three months after the date of such closing and (ii) the first date on which the aggregate principal balance of the Advances made hereunder since the date of such closing equals or exceeds $25,000,000.

Exception Period means each period from and including the date of ---------------- delivery to the Agent of any Borrowing Base Report that specifies an advance rate percentage of 85% for Eligible Accounts or an advance rate percentage of 65% for Eligible Inventory to but excluding the date of delivery to the Agent of any Borrowing Base that specifies an advance rate percentage of 80% for Eligible Accounts and an advance rate percentage of 50% for Eligible Inventory.

Exception Period has the meaning given that term in Section 5.3(c) of this Agreement.

Exception Period. “Excess Lien Proceeds”, “Excess Sale Proceeds”, “Mandatory Prepayment Event”, and “Net Cash Proceeds Receipt Date”.

Exception Period means (a) the period from and including the Closing Date to but excluding the earlier of (i) the date occurring three months after the Closing Date and (ii) the date on which Advances in a cumulative amount of $25,000,000 or more have been made hereunder and (b) if any Term Securitization closes that results in a reduction of at least 75% of the aggregate outstanding principal balance of the Advances hereunder that were outstanding immediately prior to such closing, the period from and including the date of such closing to but excluding the earlier of (i) the date falling three months after the date of such closing and (ii) the first date after such closing on which the aggregate outstanding principal balance of the Advances hereunder equals or exceeds $25,000,000.

Exception Period means, as it relates to a Strategic Transaction, the period commencing on the date of the public announcement or disclosure of the Strategic Transaction and ending on the earliest of (a) the date the Strategic Transaction is consummated, (b) the date the Strategic Transaction is definitively abandoned or rejected, as the case may be, by the Board or the stockholders of the Company, and (c) the termination of the otherwise applicable Standstill Period;

Exception Period means the time period commencing on [*] and ending on [*]. Limelight acknowledges and agrees that neither of the following is [*] (i) Microsoft services that are [*], including, but not limited to, those offered under [*], and (ii) Microsoft’s services that are [*]. The Limelight Software License is subject to the limitations expressly set forth in Section 5(a)(3) (Payment of Software License Fee) and Section 17 (d) (Termination/Survival of Limelight Software License).