Common use of Covenant Acquisition Adjustments Clause in Contracts

Covenant Acquisition Adjustments. Except as otherwise expressly provided herein, with respect to the calculation of the financial covenant pursuant to Section 7.07(b) that includes a period (or a portion of a period) prior to the date of the consummation of any acquisition of any Person or substantially all the assets of any Person (including the Acquisition), references to "the Borrower and its Subsidiaries" shall include each acquired Person, and all such acquired assets and liabilities from any Person, as if the acquisition had been consummated on the first day of any such period of measurement.

Appears in 2 contracts

Samples: Credit Agreement (Albertsons Inc /De/), Day Credit Agreement (Albertsons Inc /De/)

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Covenant Acquisition Adjustments. Except as otherwise expressly provided herein, with respect to the calculation of the financial covenant pursuant to Section 7.07(b) that includes a period (or a portion of a period) prior to the date of the consummation of any acquisition of any Person or substantially all the assets of any Person (including the Acquisition)Person, references to "the Borrower and its Subsidiaries" shall include each acquired Person, and all such acquired assets and liabilities from any Person, as if the acquisition had been consummated on the first day of any such period of measurement.

Appears in 1 contract

Samples: Credit Agreement (Albertsons Inc /De/)

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Covenant Acquisition Adjustments. Except as otherwise expressly provided herein, with respect to the calculation of the financial covenant pursuant to Section 7.07(b10.7(b) that includes a period (or a portion of a period) prior to the date of the consummation of any acquisition of any Person or substantially all the assets of any Person (including the Acquisition)Person, references to "the Borrower and its Subsidiaries" shall include each acquired Person, and all such acquired assets and liabilities from any Person, as if the acquisition had been consummated on the first day of any such period of measurement.

Appears in 1 contract

Samples: Credit Agreement (Albertsons Inc /De/)

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