Financial Covenant Default. The term "FINANCIAL COVENANT DEFAULT" shall mean an Event of Default which results solely from the violation of any now existing or hereafter arising financial covenant contained in the Loan Agreement, including, by way of illustration, those specific financial covenants set forth in Sections 6.16, 6.17, 6.18, 6.19, and 6.20 of the Loan Agreement and any supplement, addition, modification or amendment to those specific financial covenants.
Appears in 3 contracts
Samples: Subordination and Pledge Agreement (Platinum Acquisition Corp), Subordination and Pledge Agreement (Platinum Acquisition Corp), Subordination and Pledge Agreement (Platinum Acquisition Corp)
Financial Covenant Default. The term THE TERM "FINANCIAL COVENANT DEFAULT" shall mean an Event of Default which results solely from the violation of any now existing or hereafter arising financial covenant contained in the Loan Agreement, including, by way of illustration, those specific financial covenants set forth in Sections 6.16, 6.17, 6.18, 6.19, and 6.20 of the Loan Agreement and any supplement, addition, modification or amendment to those specific financial covenants.
Appears in 3 contracts
Samples: Subordination and Pledge Agreement (Platinum Acquisition Corp), Subordination and Pledge Agreement (Vermont Pure Holdings LTD/De), Subordination and Pledge Agreement (Platinum Acquisition Corp)
Financial Covenant Default. The term "FINANCIAL COVENANT DEFAULT" shall mean an Event of Default which results solely from the violation of any now existing or hereafter arising financial covenant contained in the Loan Credit Agreement, including, by way of illustration, those specific financial covenants set forth in Sections 6.16, 6.17, 6.18, 6.19, and 6.20 Section 12 of the Loan Credit Agreement and any supplement, addition, modification or amendment to those specific financial covenants.
Appears in 1 contract
Samples: Subordination and Pledge Agreement (Vermont Pure Holdings LTD/De)
