Weekly Reporting Period definition

Weekly Reporting Period means any period (a) during which any Default or any Event of Default has occurred and is continuing, or (b) that constitutes a Minimum Availability Period; provided that if the circumstances described in clause (a) or (b), as applicable, shall occur and cease to exist twice during any calendar year, then any subsequent Weekly Reporting Period occurring during such calendar year shall continue through the end of such calendar year.

Weekly Reporting Period means a period commencing on a Saturday and ending on (and including) the following Friday.

Weekly Reporting Period means any Level 2 Ratings Period.

Examples of Weekly Reporting Period in a sentence

• During a Weekly Reporting Period, as soon as available and in any event not later than the second Business Day of each calendar week, a Weekly Report as of the most recently completed calendar week.

• During any Weekly Reporting Period, as soon as available and in any event not later than the third Business Day of each week, a Weekly Report as of the most recently completed week.

• Upon such election, a Weekly Reporting Period shall begin and the Seller and the Servicer shall be required to provide Weekly Reports in accordance with Clauses 1(a)(ii) and 2(a)(iv) of Exhibit IV, as applicable.

• Upon any such election of the implementation of a Weekly Reporting Period, such Weekly Reporting Period shall continue hereunder at all times until the date on which Seller provides the Administrator and the Servicer with no less than two Business Days prior notice that it would like to terminate the Weekly Reporting Period and the Administrator provides its written consent to the termination of such Weekly Reporting Period (which consent may be provided or denied in the Administrator’s sole discretion).

• If a Weekly Reporting Period is then in effect, no later than the second Business Day of each calendar week, a Weekly Report as of the most recently completed calendar week.

More Definitions of Weekly Reporting Period

Weekly Reporting Period means any period (a) beginning on the date that Excess Availability is less than the greater of (i) 12.50% of the Maximum Borrowing Amount and (ii) $43,750,000 for five (5) consecutive Business Days, until such time as Excess Availability has been at least the greater of (i) 12.50% of the Maximum Borrowing Amount and (ii) $43,750,000 for at least 20 consecutive calendar days, or (b) during which a Specified Default has occurred and is continuing.

Weekly Reporting Period means any Level 2 Ratings Period or Level 3 Ratings Period.

Weekly Reporting Period. For any Weekly Reporting Date, the calendar week ended on the Friday immediately preceding such Weekly Reporting Date.

Weekly Reporting Period means each period (a) commencing on any day when Excess Availability is less than 10% of the Maximum Credit and continuing until the first day thereafter on which Excess Availability shall have been greater than 10% of the Maximum Credit for at least 30 consecutive days or (b) commencing on any day when a Specified Event of Default shall have occurred and continuing until the first day thereafter on which no Specified Event of Default shall have existed for at least 30 consecutive days and the Administrative Agent shall have received a certificate to that effect from an Authorized Officer of the Borrower.

Weekly Reporting Period means any period (a) commencing at any time when Availability shall be less than the greater of (i) 12.5% of the Line Cap then in effect and (ii) $40,000,000 and (b) ending when Availability shall have been greater than the greater of (i) 12.5% of the Line Cap then in effect and (ii) $40,000,000 for a period of 30 consecutive days.”

Weekly Reporting Period means any period after the end of the DenTek Acquisition Period beginning on the date that is five (5) Business Days following the date when the Excess Availability is less than the greater of (x) 10.0% of the lesser of (i) Aggregate Commitments and (ii) the Borrowing Base and (y) $17,500,000 and ending on the date that is five (5) Business Days following the date when the Excess Availability is equal to or greater than the greater of (x) 10.0% of the lesser of (i) Aggregate Commitments and (ii) the Borrowing Base and (y) $17,500,000. - 70-

Weekly Reporting Period. For any Weekly Reporting Date, the calendar week ended on the Friday immediately preceding such Weekly Reporting Date. Weekly Settlement Date: One Business Day following each Weekly Reporting Date.