Common use of Pro Forma Covenant Compliance Clause in Contracts

Pro Forma Covenant Compliance. The Borrower shall be in compliance with the financial covenants set forth in Section 7.1 hereof as of the last day of the most recent fiscal quarter for which financial statements have been delivered pursuant to Section 6.1, with the aggregate outstanding amount of all Revolving Extensions of Credit calculated on a pro forma basis giving effect to such requested Revolving Extension of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Organogenesis Holdings Inc.), Credit Agreement (Organogenesis Holdings Inc.)

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Pro Forma Covenant Compliance. The Immediately after giving pro forma effect to such extension of credit and the use of proceeds thereof, the Borrower shall be in compliance with the financial covenants set forth in Section 7.1 hereof as of the last day end of the most recent recently ended month and fiscal quarter for which financial statements have been were required to be delivered pursuant prior to the date of such extension of credit (which shall be calculated in accordance with Section 6.1, with 1.4 in the aggregate outstanding amount case of all Revolving Extensions of Credit calculated on a pro forma basis giving effect to such requested Revolving Extension of CreditLimited Condition Acquisition).

Appears in 1 contract

Samples: Credit Agreement (Yext, Inc.)

Pro Forma Covenant Compliance. The Immediately after giving pro forma effect to such extension of credit and the use of proceeds thereof, the Borrower shall be in compliance with the financial covenants set forth in Section 7.1 hereof as of the last day end of the most recent recently ended fiscal quarter for which financial statements have been were required to be delivered pursuant prior to the date of such extension of credit (provided that, in the case of an extension of credit to finance a Limited Condition Acquisition in accordance with Section 6.12.27, such calculation shall be made in compliance with the aggregate outstanding amount of all Revolving Extensions of Credit calculated on a pro forma basis giving effect to such requested Revolving Extension of CreditSection 1.6).

Appears in 1 contract

Samples: Credit Agreement (Fastly, Inc.)

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Pro Forma Covenant Compliance. The Immediately after giving pro forma effect to such extension of credit and the use of proceeds thereof, the Borrower shall be in compliance with the financial covenants set forth in Section 7.1 hereof as of the last day end of the most recent recently ended month and fiscal quarter for which financial statements have been were required to be delivered pursuant prior to the date of such extension of credit (which shall be calculated in accordance with Section 6.1, with 1.41.5 in the aggregate outstanding amount case of all Revolving Extensions of Credit calculated on a pro forma basis giving effect to such requested Revolving Extension of CreditLimited Condition Acquisition).

Appears in 1 contract

Samples: Credit Agreement (Yext, Inc.)

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