Common use of Pro Forma Compliance Clause in Contracts

Pro Forma Compliance. Where any provision of this Agreement requires, as a condition to the permissibility of an action to be taken by any Loan Party or any of its Subsidiaries at any time prior to December 31, 2014, compliance on a Pro Forma Basis with Section 6.07, such provision shall mean that on a Pro Forma Basis, and after giving effect to such action, the Consolidated Leverage Ratio shall be no greater than the maximum level specified for December 31, 2014.

Appears in 4 contracts

Samples: Bridge Credit Agreement (Mylan N.V.), Bridge Credit Agreement (Mylan N.V.), Revolving Credit Agreement (Mylan Inc.)

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Pro Forma Compliance. Where any provision of this Agreement requires, as a condition to the permissibility of an action to be taken by any Loan Party or any of its Subsidiaries at any time prior to December 31, 20142016, compliance on a Pro Forma Basis with Section 6.07, such provision shall mean that on a Pro Forma Basis, and after giving effect to such action, the Consolidated Leverage Ratio shall be no greater than the maximum level specified for December 31, 20142016.

Appears in 2 contracts

Samples: Term Credit Agreement (Mylan N.V.), Revolving Credit Agreement (Mylan N.V.)

Pro Forma Compliance. Where any provision of this Agreement requires, as a condition to the permissibility of an action to be taken by any Loan Party Holdings or any of its Subsidiaries at any time prior to the delivery of financial statements for the fiscal quarter ending December 31, 20142012, compliance on a Pro Forma Basis with Section 6.076.09, such provision shall mean that on a Pro Forma Basis, and after giving effect to such action, Basis the Consolidated Leverage Ratio shall be no greater than the maximum level specified for December 31, 20142.50 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Genpact LTD), Credit Agreement (Genpact LTD)

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Pro Forma Compliance. Where any provision of this Agreement requires, as a condition to the permissibility of an action to be taken by any Loan Party the Borrower or any of its Subsidiaries at any time prior to December 31June 30, 20142013, compliance on a Pro Forma Basis with Section 6.07, such provision shall mean that on a Pro Forma Basis, and after giving effect to such action, the Consolidated Leverage Ratio shall be no greater than the maximum level specified for December 31June 30, 20142013.

Appears in 1 contract

Samples: Credit Agreement (Mylan Inc.)

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