Interim Reporting Date definition

Interim Reporting Date. As defined in Section 1.4(c).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Interim Reporting Date means (a) the third Business Day of each calendar week, and (b) each Business Day following not less than three Business Days’ prior written notice from the Administrative Agent that it desires daily reporting.

Interim Reporting Date shall have the meaning set forth in Section 8.5.

Examples of Interim Reporting Date in a sentence

• On each Interim Reporting Date, the Collection Agent shall deliver to the Administrative Agent and the Transferor an Interim Report as of the close of business on the immediately preceding Business Day.

• The undersigned hereby lastly certifies that as of the Interim Reporting Date, the Adjusted Borrowing Base equals $ and, by its signature hereto, represents and warrants that such Adjusted Borrowing Base will exceed the Outstanding Aggregate Loan Amount as of the Funding Date referenced above (after giving effect to any Revolving Loans requested for such date).

• On each Interim Reporting Date, the Collection Agent shall deliver to the Administrative Agent, the Purchasers and the Transferor an Interim Report as of the close of business on the immediately preceding Business Day.

• The undersigned hereby certifies that since the Monthly Collateral Report dated , through the Interim Reporting Date, (a) $ of Net Cash Proceeds have been received from Collateral Dispositions, (b) $ of Eligible Assets have been acquired with Net Cash Proceeds of Collateral Dispositions in accordance with the Loan Agreement, [and (c) [Note: after the Account Transfer Date only] $ of Collections have been received in respect of Primary Collateral.

• The undersigned hereby specifies that with respect to the Funding Date requested for , the Interim Reporting Date shall be , .

More Definitions of Interim Reporting Date

Interim Reporting Date means any Business Day specified by the Administrative Agent upon not less than five (5) Business Days’ written notice to the Loan Parties after receipt of notice from any Loan Party of the occurrence of an Interim Reporting Trigger or other actual knowledge thereof and during the continuance thereof. There shall not be more than one Interim Reporting Date in any week; provided that if the Administrative Agent notifies Borrower in writing that Interim Reports are required to be delivered weekly, the Interim Reporting Date shall occur on each Wednesday (or if any such Wednesday is not a Business Day, on the next succeeding Business Day thereafter).

Interim Reporting Date means any Business Day (other than a Monthly Reporting Date) specified by the Required Purchasers, upon reasonable prior notice to the Administrative Agent and the Seller Parties (i) upon the occurrence and during the continuance of an Amortization Event and (ii) if deemed necessary or advisable in the reasonable judgment of the Required Purchasers following (a) an adverse change in financial condition or circumstances of the Performance Guarantor, or (b) the occurrence of a Collateral Event or Collateral Reinstatement Event, in each case, under and as defined in the Senior Credit Agreement.

Interim Reporting Date means, if reasonably requested by the Administrative Agent, each Business Day specified by the Administrative Agent; provided, however, that the Administrative Agent shall be limited to no more than one request per calendar week.

Interim Reporting Date means any Business Day (other than a Monthly Reporting Date) specified by the Administrative AgentRequired Purchasers, upon reasonable prior notice to the Administrative Agent and the Seller Parties (i) upon the occurrence and during the continuance of an Amortization Event and (ii) if deemed necessary or advisable in the reasonable judgment of the Administrative AgentRequired Purchasers following (a) an adverse change in financial condition or circumstances of the Performance Guarantor, or (b) the occurrence of a Level One Collateral Event, Level One Collateral Reinstatement Event, Level Two Collateral Event or Level Two Collateral Reinstatement Event, in each case, under and as defined in the Senior Credit Agreement.

Interim Reporting Date means any Business Day (other than a Monthly Reporting Date) specified by the Administrative Agent upon reasonable prior notice to Seller Parties (i) upon the occurrence and during the continuance of an Amortization Event and (ii) if deemed necessary or advisable in the reasonable judgment of the Administrative Agent following an adverse change in financial condition or circumstances of the Performance Guarantor.

Interim Reporting Date means, with respect to any Funding Date, a date no more than three Business Days prior to such Funding Date.

Interim Reporting Date set forth in Exhibit I to the Agreement is hereby amended and restated in its entirety to read as follows: