Required Notice Period definition

Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: Aggregate Reduction Required Notice Period £$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ³$250,000,000 ten Business Days
Required Notice Period means two (2) Business Days.
Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below:

Examples of Required Notice Period in a sentence

  • In addition to Seller’s rights pursuant to Section 1.3, Seller shall have the right (after providing written notice to Agent and each Purchaser Agent in accordance with the Required Notice Period), at any time following the reduction of the Aggregate Capital to a level that is less than 10.0% of the Purchase Limit as of the date hereof, to repurchase from the Purchasers all, but not less than all, of the Asset Portfolio at such time.

  • Seller shall provide Agent with an irrevocable prior written notice in conformity with the Required Notice Period (a “Reduction Notice”) of any proposed reduction of the Aggregate Capital from Collections and Agent will promptly notify each Purchaser of such Reduction Notice after Agent’s receipt thereof.


More Definitions of Required Notice Period

Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: Aggregate Required Notice Reduction Period less than 25% of the 2 Business Days Aggregate Commitment greater than or equal to 5 Business Days 25% but less than 50% of the Aggregate Commitment greater than or equal to 50% of 10 Business Days the Aggregate Commitment
Required Notice Period means, with respect to any Incremental Purchase or Aggregate Reduction, no later than 12:00 noon (Chicago time) on the Business Day immediately prior to the Business Day on which such Incremental Purchase or Aggregate Reduction, as applicable, is to occur.
Required Notice Period. The number of days required notice set forth below applicable to the Aggregate Prepayment indicated below: AGGREGATE PREPAYMENT REQUIRED NOTICE PERIOD Loans accruing Interest at the LIBO Rate 3 Business Days Loans accruing Interest at the Alternate Base Rate 1 Business Day
Required Notice Period. The number of days required notice set forth below applicable to the Aggregate Reduction or Clean Up Call indicated below: Aggregate Reduction Required Notice Period less than 25% of the Purchase Limit Two (2) Business Days greater than 25% of the Purchase Limit Five (5) Business Days
Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: AGGREGATE REDUCTION REQUIRED NOTICE PERIOD ------------------- ---------------------- < 25% of the Purchase Limit 2 Business Days > 25% but < 50% of the Purchase 5 Business Days Limit > 50% of the Purchase Limit 10 Business Days
Required Notice Period means 2 Business Days.
Required Notice Period means, (x) with respect to any Aggregate Reduction, in a proposed amount which is equal to or less than $400,000,000, no later than 3:00 p.m. (Chicago time) on the Business Day that is two (2) Business Days immediately prior to the Business Day on which such Aggregate Reduction is to occur and (y) with respect to any Aggregate Reduction, in a proposed amount which is greater than $400,000,000, no later than 3:00 p.m. (Chicago time) on the Business Day that is four (4) Business Days immediately prior to the Business Day on which such Aggregate Reduction is to occur.