Common use of Pro Forma Financial Covenant Compliance Clause in Contracts

Pro Forma Financial Covenant Compliance. The Borrower shall have delivered to the Arrangers satisfactory evidence that the Borrower and its Restricted Subsidiaries are in pro forma compliance with the Financial Covenants on and as of the Funds Availability Date, including after giving effect to any Credit Event requested to be made on the Funds Availability Date.

Appears in 3 contracts

Samples: Credit Agreement (Enexus Energy CORP), Credit Agreement (Entergy Corp /De/), Credit Agreement (Enexus Energy CORP)

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Pro Forma Financial Covenant Compliance. The Borrower shall have delivered to the Arrangers satisfactory evidence that the Borrower and its Restricted Subsidiaries are shall be in pro forma compliance with the Financial Covenants covenant set forth in Section 7.1 of the Existing Credit Agreement, determined on and a Pro Forma Basis as of June 30, 2016 as if the Funds Availability DateAdditional Initial Term Loans had been outstanding on June 30, including after giving effect to any Credit Event requested to be made on the Funds Availability Date2016.

Appears in 1 contract

Samples: Credit Agreement (Affinity Gaming)

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