Tier One Period definition
Tier One Period means any Tier One Period as defined in the NBCI Credit Agreement.
Tier One Period means any Tier One Period as defined in the Domestic Credit Agreement.
Tier One Period means any period during which the Security Coverage is greater than or equal to one-hundred twenty-five percent (125%).
Examples of Tier One Period in a sentence
Each month, upon receipt of a report from NISI on the value of the Eligible Marketable Securities, or sooner at the Lender's sole discretion or (i) if the value of the Eligible Marketable Securities decreases, or (ii) if the Borrower requests that any Investment Property be removed from the NISI Account, the Lender shall determine whether the Borrower is in a Tier One Period, a Tier Two Period or a Tier Three Period.