Financial Covenant definition

Financial Covenant has the meaning specified in Section 7.08.
Financial Covenant means the covenant of the Borrower set forth in Section 6.11.
Financial Covenant means the covenant specified in Section 7.12(1).

Examples of Financial Covenant in a sentence

  • Financial Covenant Debt denominated in any currency other than Dollars shall be calculated using the Dollar Equivalent thereof as of the date of the Financial Statements on which such Financial Covenant Debt is reflected.

  • Concurrently with the delivery of each Financial Covenant Failure Notice to the Holders, the Company shall also make publicly available (as part of a Quarterly Report on Form 10-Q, Annual Report on Form 10-K or on a Current Report on Form 8-K, or otherwise) the Financial Covenant Failure Notice and the fact that an Event of Default has occurred under the Notes.

  • In determining whether a breach of any Financial Covenant incorporated by reference into this Agreement pursuant to this Section 9.11 shall constitute an Event of Default, the period of grace, if any, applicable to such Additional or More Restrictive Covenant in the relevant MFL Agreement shall apply notwithstanding the grace period set forth in Section 11(c)(1).

  • The parties hereby acknowledge that this Section 8.02(a) may not be relied on for purposes of calculating any financial ratios (including, without limitation, any ratios set forth in the definition of Applicable Rate) other than as set forth in the Financial Covenant and shall not result in any adjustment to any baskets, interest rates or other amounts other than the amount of the Adjusted EBITDA solely for the purpose of calculating the Financial Covenant.

  • Upon the request of the Required Holders, the Company shall enter into an additional agreement or an amendment to this Agreement (as the Required Holders may request), evidencing the incorporation of such Financial Covenant into this Agreement substantially as provided for in the Material Credit Facility.


More Definitions of Financial Covenant

Financial Covenant means the financial covenant contained in Section 5.7.
Financial Covenant means the covenant contained in Section 6.15 of this Agreement.
Financial Covenant means the covenant set forth in Section 8.20.
Financial Covenant means any covenant (whether set forth as a covenant, undertaking, event of default, restriction, prepayment event or other such provision) that requires the Parent Guarantor and/or any Subsidiary to:
Financial Covenant means the covenant set forth in Section 7.09.
Financial Covenant the covenant set forth in Section 6.1.
Financial Covenant means the financial covenant applicable to the Borrower Parties from time to time pursuant to Section 8.8.