Common use of Specified Events of Default Clause in Contracts

Specified Events of Default. Borrowers acknowledge that as of the date hereof they are and remain in default of the Financial Covenants for Fixed Charge Coverage Ratio, EBITDA and the Leverage Ratio as set forth in Section 6.10 and Annex G, clauses (b), (c) and (d) of the Credit Agreement and as set forth on Schedule A hereto (the "Specified Events of Default").

Appears in 3 contracts

Samples: Credit Agreement (Allied Holdings Inc), Credit Agreement (Allied Holdings Inc), Allied Holdings Inc

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Specified Events of Default. Borrowers acknowledge that as of the date hereof they are and remain defaults in default of the Financial Covenants for Fixed Charge Coverage Ratio, EBITDA and the Leverage Ratio as set forth in Section 6.10 and Annex G, clauses (b), (c) and (d) of the Credit Agreement and as set forth on Schedule A hereto (the "Specified Events of Default")) occurred and have not been waived prior to the date hereof.

Appears in 1 contract

Samples: Credit Agreement (Allied Holdings Inc)

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Specified Events of Default. Borrowers acknowledge that as of the date hereof they are and remain were in default of the Financial Covenants for Fixed Charge Coverage Ratio, EBITDA and the Leverage Ratio as set forth in Section 6.10 and Annex G, clauses (b), (c) and (d) of the Credit Agreement and as set forth on Schedule A hereto (the "Specified Events of Default").

Appears in 1 contract

Samples: Allied Holdings Inc

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