Common use of Financial Performance Covenant Clause in Contracts

Financial Performance Covenant. As of the last day of each fiscal quarter of the Borrower (commencing with the first full fiscal quarter ending after the Effective Date) on which the Revolving Test Condition is satisfied, the Borrower will not permit the First Lien Leverage Ratio to be greater than 6.75 to 1.00.

Appears in 4 contracts

Samples: Credit Agreement (E2open Parent Holdings, Inc.), Credit Agreement (E2open Parent Holdings, Inc.), Credit Agreement (E2open Parent Holdings, Inc.)

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Financial Performance Covenant. As of the last day of each fiscal quarter of the Borrower (commencing with the first full fiscal quarter ending after the Effective Date) on which the Revolving Test Condition is satisfied, the Borrower will not permit the First Lien Total Net Leverage Ratio to be greater than 6.75 5.50 to 1.00.

Appears in 2 contracts

Samples: Amendment No. 1 (Tenable Holdings, Inc.), Credit Agreement (Tenable Holdings, Inc.)

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