Pricing Level Calculation Date definition

Pricing Level Calculation Date means the date of delivery to the Banks of the Compliance Certificate for the preceding Fiscal Quarter of the Borrower pursuant to Section 5.3(c) of this Loan Agreement.
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Pricing Level Calculation Date means the date that is forty-five days after the most recent Date of Determination.
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Pricing Level Calculation Date means the date of the delivery to
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Examples of Pricing Level Calculation Date in a sentence

  • Notwithstanding the fact that the actual calculation of the applicable Pricing Level for a Pricing Period to commence during the first fiscal quarter of Company s fiscal year may be performed on a date subsequent to the Pricing Level Calculation Date occurring in such quarter, such Pricing Period shall commence on such Pricing Level Calculation Date.


More Definitions of Pricing Level Calculation Date

Pricing Level Calculation Date means the date of the delivery to the Banks of a Compliance Certificate in the form of Exhibit G hereto demonstrating the appropriate Pricing
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Related to Pricing Level Calculation Date

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) ▇▇▇▇▇’▇ is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.

  • Pricing Level I shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is greater than or equal to 3.50 to 1.00.

  • Pricing Level II shall exist on an Adjustment Date if the Consolidated Leverage Ratio for the relevant period is less than 3.50 to 1.00 but greater than or equal to 3.00 to 1.00.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.