Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenants.
Appears in 5 contracts
Samples: Second Lien Credit Agreement (Regency Energy Partners LP), Credit Agreement (Regency Energy Partners LP), Credit Agreement (Regency Energy Partners LP)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) in each 12-month period, the sum of all Cure Amount Amounts contributed to (or received by) the U.S. Borrower pursuant to this Section 7.03 shall be no greater than the amount required for purposes of complying with such covenantsnot exceed $200,000,000.
Appears in 4 contracts
Samples: Credit Agreement (TRW Automotive Holdings Corp), Credit Agreement (TRW Automotive Holdings Corp), Credit Agreement (TRW Automotive Holdings Corp)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-fiscal-quarter period there shall be at least one two fiscal quarter quarters in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (cii) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenant and (iii) the Cure Right shall not be exercised more than three times during the term of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (CHC Group Ltd.), Credit Agreement (CHC Group Ltd.), Credit Agreement (Integra Leasing As)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-four fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four two consecutive fiscal quarters during which the Cure Right is not exercised and (cb) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 3 contracts
Samples: Credit Agreement (LPL Investment Holdings Inc.), Credit Agreement (LPL Investment Holdings Inc.), Credit Agreement (LPL Investment Holdings Inc.)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-fiscal-quarter period Test Period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (bii) in each eight-fiscal-fiscal quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (ciii) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 3 contracts
Samples: Credit Agreement (Vanguard Health Systems Inc), Credit Agreement (Vanguard Health Systems Inc), Credit Agreement (VHS of Anaheim Inc)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 3 contracts
Samples: Credit Agreement (Texas Genco Inc.), Credit Agreement (Foundation Coal Holdings, Inc.), Credit Agreement (Nalco Energy Services Equatorial Guinea LLC)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) in each 12-month period, the sum of all Cure Amount Amounts contributed to the U.S. Borrower pursuant to this Section 7.03 shall be no greater than the amount required for purposes of complying with such covenantsnot exceed $200,000,000.
Appears in 3 contracts
Samples: Credit Agreement (TRW Automotive Inc), Credit Agreement (TRW Automotive Inc), Credit Agreement (TRW Automotive Holdings Corp)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) in each 12-month period, the sum of all Cure Amount Amounts contributed to the U.S. Borrower pursuant to this Section 7.03 shall be no greater than the amount required for purposes of complying with such covenants.not exceed $200,000,000. 229
Appears in 2 contracts
Samples: Credit Agreement (TRW Automotive Inc), Credit Agreement (TRW Automotive Inc)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive two fiscal quarters during in which the Cure Right is not exercised and (cb) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenant.
Appears in 2 contracts
Samples: Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Canada)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenants.the Financial Performance Covenants. 127
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Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-fiscal-quarter period there shall be at least one two consecutive fiscal quarter quarters in which the Cure Right is not exercised, (bii) in each eight-fiscal-quarter period, there shall be a period of at least four three consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 1 contract
Samples: Credit Agreement (Hexacomb CORP)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised exercised, and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 1 contract
Samples: Credit Agreement (New Skies Satellites Holdings Ltd.)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-four fiscal-quarter period there shall be at least one two fiscal quarter quarters in which the Cure Right is not exercised, (bii) in each eight-fiscal-quarter period, there shall be a period no more than five exercises of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (ciii) the Cure Amount shall be no greater than the amount required for purposes of complying with the Financial Performance Covenant as of the end of such covenantsfiscal quarter.
Appears in 1 contract
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (aai) in each four-four- fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive two fiscal quarters during in which the Cure Right is not exercised and (cb, (ii) there shall be no more than five exercises of the Cure Right and (iii) the Cure Amount shall be no greater than the amount required for purposes of complying with the Financial Performance Covenant as of the end of such covenantsfiscal quarter.
Appears in 1 contract
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (cii) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 1 contract
Samples: Credit Agreement (Dresser Inc)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive two fiscal quarters during in which the Cure Right is not exercised and (cb) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenantsthe Financial Performance Covenants.
Appears in 1 contract
Samples: Credit Agreement (Loral Space & Communications Inc.)
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-four fiscal quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, and (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying to cause Borrower to be in compliance with such covenantsthe Financial Performance Covenants.
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Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one two fiscal quarter quarters in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenants.
Appears in 1 contract
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (bii) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (ciii) in each 12-month period, the sum of all Cure Amounts contributed to (or received by) the Cure Amount U.S. Borrower pursuant to this Section 7.03 shall be no greater than the amount required for purposes of complying with such covenantsnot exceed $200,000,000.
Appears in 1 contract
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) in each 12-month period, the sum of all Cure Amount Amounts contributed to the U.S. Borrower pursuant to this Section 7.03 shall be no greater than the amount required for purposes of complying with such covenants.not exceed $200,000,000. 173
Appears in 1 contract
Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (ai) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive two fiscal quarters during in which the Cure Right is not exercised and (cii) the Cure Amount shall be no greater than the amount required for purposes of complying with such the relevant financial covenants.. 108
Appears in 1 contract
