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 two Business Days.

Examples of Required Notice Period in a sentence

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

  • In addition to Seller’s rights pursuant to Section 1.3, Seller shall have the right (after providing written notice to the Managing Agents in accordance with the Required Notice Period), at any time following the reduction of the Capital to a level that is less than 10.0% of the original Purchase Limit, to repurchase from the Purchasers all, but not less than all, of the then outstanding Purchaser Interests.

  • Such Reduction Notice shall designate (i) the date (the “Proposed Reduction Date”) upon which any such reduction of Aggregate Principal shall occur (which date shall give effect to the applicable Required Notice Period), and (ii) the amount of Aggregate Principal to be reduced which shall be applied ratably to the Loans of each of the Lenders in accordance with the principal amount (if any) thereof (the “Aggregate Reduction”).

  • Seller shall provide each Managing Agent with prior written notice in the form set forth as Exhibit II-A hereto (a “Reduction Notice”) of any reduction of Aggregate Capital from Collections in conformity with the Required Notice Period.

  • 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.


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:
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 less than 25% of the then-current Aggregate Commitment 2 Business Days greater than or equal to 25% but less than 50% of the then-current Aggregate Commitment 5 Business Days greater than or equal to 50% of the then-current Aggregate Commitment 10 Business Days
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 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 (2) Business Days >$100,000,000 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 < or = $100,000,000 two Business Days > $100,000,000 five Business Days
Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below; provided that such notice shall be given by at least 12:00 noon (New York time) on such day: Aggregate Reduction Required Notice Period ≤ $250,000,000 one Business Day > $250,000,000 two Business Days
Required Notice Period means the number of days required notice set forth below applicable to the aggregate principal reduction indicated below: AGGREGATE REDUCTION REQUIRED NOTICE PERIOD ----------------------------------- ---------------------- < 25% of the Aggregate Commitment 2 Business Days 25%-50% of the Aggregate Commitment 5 Business Days > 50% of Aggregate Commitment 10 Business Days