Supplemental Covenants. Unless, after giving effect to such transaction or transactions, during any fiscal year of the Company, (1) the Company's Working Capital is equal to at least one dollar, (2) the Company's Long-Term Debt does not exceed two times the Company's Net Worth and (3) the Company's Net Worth is at least the amount specified in Attachment A hereto, the Company shall not, without the Secretary's prior written consent:
Supplemental Covenants. The following additional covenants, rights, responsibilities and/or agreements are part of the Shared Parking Agreement.
Supplemental Covenants. Unless, (i) on the last day of the most recent Fiscal Year quarter, the Consolidated Group's Fixed Charge Coverage Ratio (as defined in Attachment A hereto) is at least 3.0 : 1.0 (ii) after giving effect to such transaction or transactions, the Consolidated Group's Long Term Debt does not exceed the Consolidated Group's Net Worth, and (iii) after giving effect to such transaction or transactions, the Consolidated Group's Net Worth is at least the amount specified in Attachment A hereto, except as consented to in writing by the Secretary on or before the date hereof or with respect to intra-group transactions among members of the Consolidated Group, the Consolidated Group shall not, without the Secretary's prior written consent:
Supplemental Covenants. Commencing with the First Calendar Year of Vessel Operations and continuing thereafter unless, after giving effect to such transaction or transactions during any fiscal year: (i) the Company's debt-to-equity ratio does not exceed 2:1; (ii) upon completion of construction of the Vessel and the First Calendar Year of Vessel Operation, the Company's Minimum Cash Flow Ratio is not less than 1.0 to 1.0; and (iii) the Company has a positive cash balance at all times, the Company shall not, without the Secretary's prior written consent during any fiscal year of the Company after completion of construction of the Vessel:
Supplemental Covenants. The term “Supplemental Covenants” shall mean and refer to instrument filed in St. Clair County Probate Office which subjects Additional Property to these Covenants and/or imposes, expressly or by reference, additional restrictions and obligations on the land described in such instrument.
Supplemental Covenants. Unless, (i) on the last day of the most recent Fiscal Year quarter for which financial statements are provided in compliance with
Supplemental Covenants. (a) During the Accommodation Period, each Obligor hereby agrees to comply with the terms and covenants set forth in Schedule B hereto.
Supplemental Covenants. So long as the Administrator shall have any obligations under this Agreement or the Guarantee, or any obligations remain outstanding, unpaid or unsatisfied under the Administrator’s Note or any other Transaction Document and (a) if there is an existing Default or (b) if, after giving effect to any Primary Covenant transaction or transactions occurring during any fiscal year of the Shipowner or the Affiliate Guarantor, (1) the Shipowner does not satisfy the Supplemental Financial Covenants of Shipowner, or (2) the Affiliate Guarantor does not satisfy the Supplemental Financial Covenants of Affiliate Guarantor, neither the Shipowner nor the Affiliate Guarantor shall, without the Administrator’s prior consent:
Supplemental Covenants. So long as the Administrator shall have any obligations under this Agreement or the Guarantee, or any obligations remain outstanding, unpaid or unsatisfied under the Administrator’s Note or any other Transaction Document and (a) if there is an existing Default or (b) if, as of the end of any fiscal quarter of the Shipowner or the Affiliate Guarantor after giving effect to any Primary Covenant transaction or transactions occurring during such fiscal quarter of the Shipowner or the Affiliate Guarantor, (1) the Shipowner does not satisfy one or more of the Supplemental Financial Tests of Shipowner, or (2) the Affiliate Guarantor does not satisfy one or more of the Supplemental Financial Tests of Affiliate Guarantor, then, during any period in which (x) a Default continues or (y) the Shipowner does not satisfy each of the Supplemental Financial Tests of Shipowner, or (z) the Affiliate Guarantor does not satisfy each of the Supplemental Financial Tests of Affiliate Guarantor, the Shipowner shall not, without the Administrator’s prior consent, except as otherwise provided in Section 12.02(n) below:
