Common use of Test Period Clause in Contracts

Test Period. In connection with the calculation of the financial covenants set forth in Section 14 hereof with respect to any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof).

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Mercury Air Group Inc)

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Test Period. (a) In connection with the calculation of financial covenant ----------- compliance on a Pro Forma Basis as required by (S)9.3(k) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition, and (b) in connection with the calculation of the financial covenants set forth in Section 14 (S)10 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Credit Agreement (Genesee & Wyoming Inc)

Test Period. In connection with the calculation of the financial covenants set forth in Section 14 ss.11 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation definition of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hvide Marine Inc)

Test Period. (a) In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by Section 11.5.1(b)(v) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is available, and (b) in connection with the calculation of the covenants set forth in Section 14 12 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Russell-Stanley Holdings Inc)

Test Period. (a) In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required in connection with any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition, and (b) in connection with the calculation of the financial covenants set forth in Section 14 xxxxx xx §00 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Revolving Credit Agreement (Digitas Inc)

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Test Period. (a) In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by ss.8.5.1 with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is available, and (b) in connection with the calculation of the covenants set forth in Section 14 ss.9 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Revolving Credit Agreement (National Auto Finance Co Inc)

Test Period. (a) In connection with the calculation of financial covenant ----------- compliance on a Pro Forma Basis as required by (S)10.3(i) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition, and (b) in connection with the calculation of the financial covenants set forth in Section 14 (S)11 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Test Period. (a) In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required in connection with any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition, and (b) in connection with the calculation of the financial covenants set forth in Section 14 ss.11 hereof with respect to following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant (or any component thereof)covenant.

Appears in 1 contract

Samples: Revolving Credit Agreement (Digitas Inc)

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