Common use of Covenant Disposition Adjustment Clause in Contracts

Covenant Disposition Adjustment. For purposes of calculating the financial covenants in Sections 6.1 and 6.2 for any period of measurement (or a portion of a period) that includes the date of any Disposition of a Subsidiary or line of business, as applicable, Consolidated EBITDA shall be determined on a historical pro forma basis to exclude the results of operations of such Subsidiary or line of business, as applicable, so disposed.

Covenant Disposition Adjustment. For purposes of calculating the financial covenants in Sections 6.1 and 6.2 Section 7.11(b) for any period of measurement (or a portion of a period) that includes the date of any Disposition of a Subsidiary or line of business, as applicable, Consolidated EBITDA shall be determined on a historical pro forma basis to exclude the results of operations of such Subsidiary or line of business, as applicable, so disposed.

Covenant Disposition Adjustment. For Except as otherwise expressly provided herein, for purposes of calculating the financial covenants covenant in Sections 6.1 and 6.2 7.11(a) for any period of measurement (or a portion of a period) that includes the date of any Disposition of a Subsidiary or line of business, as applicable, Consolidated EBITDA shall be determined on a historical pro forma basis to exclude the results of operations of such Subsidiary or line of business, as applicable, so disposed.