Total Debt to MRR. Maintain Total Debt to MRR calculated on a consolidated basis for the Loan Parties of not more than: (i) 6.50:1. 00 from the Closing Date to June 30, 2018; and
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Accelerize Inc.)
Total Debt to MRR. Maintain Total Debt to MRR calculated on a consolidated basis for the Loan Parties of not more than:
(i) 6.50:1. 00 6.50:1.00 from the Closing Date to June 30May 31, 2018;
(ii) waived from September 1, 2018 to February 28, 2019; and
(iii) 6.50:1.00 from March 1, 2019 and for each calendar month thereafter;β.
(p) Section 8.4(f) of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
Appears in 1 contract
Samples: Credit Agreement (Accelerize Inc.)
Total Debt to MRR. Maintain Total Debt to MRR calculated on a consolidated basis for the Loan Parties of not more than:
(i) 6.50:1. 00 6.50:1.00 from the Closing Date to June 30May 31, 2018; and
(ii) 6.50:1.00 from October 1, 2018 and for each calendar month thereafter;β
Appears in 1 contract
