Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least two fiscal quarters in which the Cure Right is not exercised, (b) no more than four Cure Rights in the aggregate may be exercised, (c) the Cure Amount shall be no greater than the amount required for purposes of complying with such covenants and (d) the Cure Amount may not reduce Debt for purposes of calculating the Financial Covenants for such Test Period.
Appears in 4 contracts
Samples: Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC)
