Modification Period definition

Modification Period means the remainder of the Initial or the then current Extended Term, as applicable, of this Agreement, following the change in Executive’s employment status from that of a full-time employee to that of a part-time employee under Paragraph 14 of this Agreement.

Modification Period means the period commencing as of May 6, 2009 and continuing through, but excluding, the Modification Period Termination Date.

Modification Period means the period beginning with the fiscal quarter ended March 31, 2020 and ending with the fiscal quarter ending June 30, 2021.

Examples of Modification Period in a sentence

• Modification Period of Performance (Do NOT change the initial start date of the task order)7.

• Modification Period of Performance (Do NOT change the initial start date of the taskorder)7.

• As a result of the payment, (1) the interest to be added to the principal balance during the Modification Period was reduced to an aggregate of $1.9 million and (2) the final balloon payment on the maturity date was reduced to $21.7 million.

• The Company may terminate the Covenant Modification Period prior to December 30, 2021, subject to the satisfaction of certain conditions.

• If the debtor rejects the offer, then the debtor immediately shall file and serve either a Motion to Extend the Loss Modification Period (pursuant to W.PA.LBR 9020-5(b)) or a Motion to Terminate the Loss Modification Program (pursuant to W.PA.LBR 9020-5(c)) that sets forth the specific reasons for rejecting the offer.

More Definitions of Modification Period

Modification Period means the period commencing as of May 29, 2009 and continuing through, and including April 29, 2012, unless otherwise terminated in accordance with Section 3.1(g) in which case the Modification Period shall terminate on the Modification Period Termination Date.

Modification Period has the meaning specified in the form of Senior Note set forth in Section 2.1.

Modification Period means the period which commenced on May 1, 2009 and continues through and including July 31, 2012.

Modification Period means the period commencing on the First Amendment Effective Date and ending on the earlier of: (a) the date elected by Borrower pursuant to a written notice to Administrative Agent; provided that Borrower may not make such election unless the ratio of EBITDA to Fixed Charges, calculated in accordance with Section 7.16, is at least 2.0 to 1.0 as of the last day of the immediately preceding two (2) fiscal quarters of Borrower prior to such date; and (b) December 31, 2008.

Modification Period means the period commencing on the Third Amendment Effective Date and ending on the later of (i) December 31, 2022, and (ii) the date upon which the Renin Group demonstrates compliance with a Total Leverage Ratio of <3.00x and a FCCR of >1.1x, each on a trailing twelve month Consolidated Adjusted EBITDA basis, as evidenced and demonstrated by an accompanying completed and executed compliance certificate delivered by the Borrowers to the Bank, and which certificate is confirmed in writing to be satisfactory by the Bank.  AMENDMENT

Modification Period means a period of time commencing on June 30, 2020 and terminating upon the Rate Determination Date next following the end of Borrower’s fourth Fiscal Quarter of 2021 (which Fiscal Quarter end is presumed to be May 2, 2021).”

Modification Period means the period commencing on April 30, 2010, and continuing through and including April 30, 2015, unless sooner terminated as set forth in Section 1.14.