Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Assets for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VII, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 14 contracts
Samples: Credit Agreement (Axalta Coating Systems Ltd.), Credit Agreement (Axalta Coating Systems Ltd.), Credit Agreement (Axalta Coating Systems Ltd.)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Net Tangible Assets for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VIIthis Agreement, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 9 contracts
Samples: Credit Agreement, Credit Agreement (Ortho Clinical Diagnostics Holdings PLC), Fourth Amendment (Ortho Clinical Diagnostics Holdings PLC)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement or in the definitions “Permitted Investments” or “Permitted Liens” are exceeded solely as a result of fluctuations to Consolidated Total Assets for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VIIVII or in the definitions “Permitted Investments” or “Permitted Liens”, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 6 contracts
Samples: Credit Agreement, Credit Agreement (Syniverse Holdings Inc), Credit Agreement (Syniverse Holdings Inc)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Assets for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VIIthis Agreement, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 6 contracts
Samples: Credit Agreement (KLDiscovery Inc.), Credit Agreement (KLDiscovery Inc.), Credit Agreement (KLDiscovery Inc.)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Assets EBITDA for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VII, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 6 contracts
Samples: Term Loan Credit Agreement (BRP Inc.), Term Loan Credit Agreement (CommScope Holding Company, Inc.), Credit Agreement
Calculation of Baskets. If any of the baskets set forth in Article VII Section 7 of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Assets consolidated total assets or the financial ratios for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VIISection 7, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 4 contracts
Samples: Credit Agreement (Wesco Aircraft Holdings, Inc), Credit Agreement (Wesco Aircraft Holdings, Inc), Credit Agreement (Wesco Aircraft Holdings, Inc)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Net Tangible Assets or any currency exchange rates for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VIIthis Agreement, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 3 contracts
Samples: Credit Agreement (Paya Holdings Inc.), Credit Agreement (Maravai Lifesciences Holdings, Inc.), Credit Agreement (Maravai Lifesciences Holdings, Inc.)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Assets for the most recently completed fiscal quarter Fiscal Quarter after the last time such baskets were calculated for any purpose under Article VII, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 3 contracts
Samples: Credit Agreement (Orion S.A.), Credit Agreement (Kleopatra Holdings 2 S.C.A.), Credit Agreement (Orion Engineered Carbons S.A.)
Calculation of Baskets. If any of the baskets set forth in Article VII of this Agreement are exceeded solely as a result of fluctuations to Consolidated Total Net Tangible Assets or any currency exchange rates for the most recently completed fiscal quarter after the last time such baskets were calculated for any purpose under Article VIIthis Agreement, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations. ARTICLE II.
Appears in 1 contract
Samples: Credit Agreement (Maravai Lifesciences Holdings, Inc.)
Calculation of Baskets. If any of the baskets set forth in Article VII VI of this Agreement are exceeded solely as a result of currency fluctuations to or fluctuations in the Total Net Leverage Ratio or in Consolidated Total Assets for the most recently completed fiscal quarter Fiscal Quarter after the last time such baskets were calculated for any purpose under Article VIIthis Agreement, such baskets will not be deemed to have been exceeded solely as a result of such fluctuations.
Appears in 1 contract
