Pricing Date definition
Pricing Date means, for any Fiscal Quarter of Holdings ending on or after December 31, 2020, the date on which the Administrative Agent is in receipt of the most recent Compliance Certificate for the Fiscal Quarter then ended, pursuant to Section 6.2(a). The Applicable Margin shall be established based on the Consolidated Senior Leverage Ratio for the most recently completed Fiscal Quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Loan Parties have not delivered the Compliance Certificate by the date such Compliance Certificate is required to be delivered under Section 6.2(a) until such Compliance Certificate is delivered, the Applicable Margin shall be at Level I. If the Loan Parties subsequently deliver such Compliance Certificate before the next Pricing Date, the Applicable Margin shall be determined on the date of delivery of such Compliance Certificate and remain in effect until the next Pricing Date. In all other circumstances, the Applicable Margin shall be in effect from the Pricing Date that occurs immediately after the end of the Fiscal Quarter covered by such Compliance Certificate until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Loan Parties and the Lenders if reasonably determined. If, prior to the Discharge of Obligations, Borrower or Administrative Agent determines in good faith that the calculation of the Consolidated Senior Leverage Ratio on which the applicable interest rate for any particular period was determined is inaccurate, and as a consequence thereof, the Applicable Margin was lower than it should have been, (i) Holdings and Borrower shall promptly deliver to Administrative Agent a correct Compliance Certificate for such period, (ii) Administrative Agent shall notify Holdings and Borrower of the amount of interest and fees that would have been due in respect of any outstanding Obligation during such period had the applicable rate been calculated based on the correct Consolidated Senior Leverage Ratio and (iii) Holdings and Borrower shall promptly pay to Administrative Agent for the benefit of the applicable Lenders and other Persons the difference between the amount that should have been due and the amount actually paid in respect of such period; provided that, (x) Holdings and Borrower shall not be responsible for any such amounts after the...
Pricing Date means, for the sale of a security of a mutual fund, the date on which the net asset value per security of the mutual fund is calculated for the purpose of determining the price at which that security is to be issued;
Pricing Date means, for any fiscal quarter of the Borrower ending on or after September 30, 2002, the date on which the Administrative Agent is in receipt of the Borrower's most recent financial statements (and, in the case of the year-end financial statements, audit report) for the fiscal quarter then ended, pursuant to Section 7.5 hereof. The Applicable Margin shall be established based on the Leverage Ratio for the most recently completed fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Borrower has not delivered its financial statements by the date such financial statements (and, in the case of the year-end financial statements, audit report) are required to be delivered under Section 7.5 hereof, until such financial statements and audit report are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., the Leverage Ratio shall be deemed to be greater than 1.50 to 1.0). If the Borrower subsequently delivers such financial statements before the next Pricing Date, the Applicable Margin established by such late delivered financial statements shall take effect from the date of delivery until the next Pricing Date. In all other circumstances, the Applicable Margin established by such financial statements shall be in effect from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such financial statements until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders if reasonably determined.
Examples of Pricing Date in a sentence
On the Pricing Date, the Placement Agent shall have received a certificate from the Chief Financial Officer of the Company as of such date, addressed to each of the Placement Agent and in form and substance satisfactory in all respects to the Placement Agent and Placement Agent’s counsel.
More Definitions of Pricing Date
Pricing Date means the date upon which the Company’s Registration Statement on Form S-1 filed with the Securities and Exchange Commission relating to the underwritten public offering of shares of Common Stock becomes effective.
Pricing Date means the date on which the Company in consultation with the BRLMs, will finalise the Offer Price;
Pricing Date means the date on which the Company, in consultation with the Lead Managers, will finalize the Offer Price.
Pricing Date means the date specified as such in the applicable Final Terms, subject to adjustment by the Issuer in adverse market conditions if, in the opinion of the Issuer, circumstances so require;
Pricing Date means the Pricing Date specified in the applicable Pricing Supplement on which the offering of the Notes is priced.
Pricing Date. As specified in a Pricing Date Notice. Effective Date: One (T+2) Settlement Cycle following the Pricing Date.
Pricing Date means, for any fiscal quarter of the Borrower ending on or after March 31, 2023 the date on which the Administrative Agent is in receipt of the Borrower’s most recent financial statements (and, in the case of the year-end financial statements, audit report) for the fiscal quarter then ended, pursuant to Section 8.05. The Applicable Margin shall be established based on the Total Leverage Ratio for the most recently completed fiscal quarter and the Applicable Margin established on a Pricing Date shall remain in effect until the next Pricing Date. If the Borrower has not delivered its financial statements by the date such financial statements (and, in the case of the year-end financial statements, audit report) are required to be delivered under Section 8.05, until such financial statements and (if applicable) audit report are delivered, the Applicable Margin shall be the highest Applicable Margin (i.e., Level IV shall apply). If the Borrower subsequently delivers such financial statements before the next Pricing Date, the Applicable Margin shall be determined on the date of delivery of such financial statements and remain in effect until the next Pricing Date. In all other circumstances, the Applicable Margin shall be in effect from the Pricing Date that occurs immediately after the end of the fiscal quarter covered by such financial statements until the next Pricing Date. Each determination of the Applicable Margin made by the Administrative Agent in accordance with the foregoing shall be conclusive and binding on the Borrower and the Lenders if reasonably determined.