Calculation of Financial Covenants. The calculation of the financial covenants set forth in this Section 8 shall be measured against the financial statements required to be delivered to the Bank pursuant to Section 6.1 of this Agreement on both a consolidated basis and on a consolidating basis.
Appears in 1 contract
Samples: Credit Agreement (Dynagen Inc)
Calculation of Financial Covenants. The calculation of the financial covenants set forth in this Section 8 5.26 shall be measured against the consolidated financial statements required to be delivered to the Bank Purchaser pursuant to Section 6.1 of this Agreement 1.8 hereunder on both a consolidated basis and on a consolidating basis. All financial covenants set forth below are to be tested quarterly at the end of each fiscal quarter.
Appears in 1 contract
Samples: Bond Agreement (Foilmark Inc)
Calculation of Financial Covenants. The calculation of the financial covenants set forth in this Section 8 shall be measured against the financial statements required to be delivered to the Bank pursuant to Section 6.1 of this Agreement Agreement. All financial covenants shall be measured by the Borrower on both a consolidated basis and on a consolidating basistested quarterly as of the final day of each fiscal quarter commencing with the period ending _______________ ___, 2002.
Appears in 1 contract
Samples: Able Laboratories Inc
Calculation of Financial Covenants. The calculation of the financial covenants set forth in this Section 8 below shall be measured against the Borrowers' financial statements required to be delivered to the Bank pursuant to Section 6.1 6 of this Agreement and, unless otherwise specified by the Bank in writing, on both a an consolidated basis and on a consolidating basis.
Appears in 1 contract
Samples: Loan Agreement (Matec Corp/De/)