Additional Financial Covenant definition

Additional Financial Covenant is defined in Section 10.7.

Additional Financial Covenant means any affirmative or negative “maintenance” financial covenant contained in any Other Debt Agreement applicable to the Company or any Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a “financial covenant”), including any defined terms as used therein.

Additional Financial Covenant shall have the meaning provided in Section 8.19.

Examples of Additional Financial Covenant in a sentence

• Thereupon, unless waived in writing by the Required Holders within five (5) Business Days of receipt of such notice by the holders of the Notes, such Additional Financial Covenant shall be deemed automatically incorporated by reference into this Agreement, mutatis mutandis, as if set forth full herein, without any further action required on the part of any Person, effective as of the date when such Additional Financial Covenant is effective under such Principal Lending Agreement.

• In the event the Company or any Subsidiary shall agree to, assume or otherwise become bound by one or more Additional Financial Covenants, the terms of this Agreement shall, without any further action on the part of the Company or any of the holders of the Notes, be deemed to be amended automatically to include each Additional Financial Covenant contained in such agreement.

• Such notice shall be signed by a Responsible Officer and shall refer to the provisions of this Section 9.9 and shall set forth a verbatim statement of such Additional Financial Covenant and any defined terms used therein, and related explanatory calculations, as applicable.

• Such notice shall be signed by a Responsible Officer and shall refer to the provisions of this Section 9.9 and shall set forth a verbatim statement of such Additional Financial Covenant or Additional Prepayment/Purchase Provision and any defined terms used therein, and related explanatory calculations, as applicable.

• The Company shall promptly execute and deliver at its expense (including Attorney Costs) an amendment to this Agreement in form and substance satisfactory to the Required Lenders evidencing the amendment of this Agreement to include any such Additional Financial Covenant and/or Additional Default; provided that the execution and delivery of such amendment shall not be a precondition to the effectiveness of the effectiveness of any amendment as provided for in this Section 8.16.

More Definitions of Additional Financial Covenant

Additional Financial Covenant means any affirmative or negative “maintenance” financial covenant contained in any Other Debt Agreement applicable to WIL-Ireland or any Restricted Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a “financial covenant”), including any defined terms as used therein, the subject matter of which either (a) is similar to that of any of the Financial Covenants or the related definitions contained in this Agreement, but contains one or more percentages, amounts, formulas or other provisions that are more restrictive as to WIL-Ireland or any Restricted Subsidiary or more beneficial to the holder or holders of any Indebtedness to which such Other Debt Agreement relates than as set forth herein (and such covenant or similar restriction shall be deemed an Additional Financial Covenant only to the extent that it is more restrictive or more beneficial) or (b) is different from the subject matter of any of the Financial Covenants or the related definitions contained in this Agreement.

Additional Financial Covenant means any financial covenant applicable to the Borrower or any Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a financial covenant), the subject matter of which either (a) is similar to that of the covenants in Section 7.14 (or the related definitions in this Article I), but contains one or more percentages, amounts or formulas that is more restrictive, or more favorable to the Persons entitled to the benefits thereof, than those set forth herein or more beneficial to the holder or holders of the Indebtedness created or evidenced by the document in which such covenant or similar restriction is contained (and such covenant or similar restriction shall be deemed an Additional Financial Covenant only to the extent that it is more restrictive or more beneficial) or (b) is a financial covenant that is different from the subject matter of the covenants in Section 7.14. Notwithstanding the foregoing, any financial covenant in the Note Agreement shall not constitute an “Additional Financial Covenant”.

Additional Financial Covenant has the meaning specified in Section 6.17(b).

Additional Financial Covenant means any affirmative or negative covenant or similar restriction applicable to Whitestone REIT, the Company or any Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a covenant, including if stated as a default or otherwise), including any defined terms as used therein, related to a balance sheet condition, the results of operations or cash flow, or other financial condition, including, without limitation, the definition of “Capitalization Rate” or any similar term used for valuing Properties, any provision involving a measurement of Whitestone REIT’s or the Company’s leverage, ability to cover expenses, earnings, net income, fixed charges, interest expense, net worth or other component of Whitestone REIT’s or the Company’s consolidated financial position, results of operations, shareholders’ equity, assets or liability (however expressed and whether stated as a ratio, as a fixed threshold, or otherwise) the subject matter of which either (i) is similar to that of any covenant in this Agreement, or related definitions in this Schedule A, but contains one or more percentages, amounts, formulas or other provisions that are more restrictive as to Whitestone REIT, the Company or any Subsidiary or more beneficial to the holder or holders of the Indebtedness to which the document containing such covenant or similar restriction relates than as set forth herein (and such covenant or similar restriction shall be deemed an Additional Financial Covenant only to the extent that it is more restrictive or more beneficial) or (ii) is different from the subject matter of any covenant in this Agreement, or the related definitions in this Schedule A. For the avoidance of doubt, covenants of the type set forth in Section 10.8 and the related definitions would be considered Additional Financial Covenants, whereas the remaining provisions of this Agreement would not be considered Financial Covenants.

Additional Financial Covenant has the meaning specified in Section 7.12. “Administrative Agent” means Bank of America (or any of its designated branch offices of affiliates) in its capacity as administrative agent under any of the Loan Documents, or any successor administrative agent.

Additional Financial Covenant means any financial covenant applicable to the Company or any Subsidiary (regardless of whether such provision is labeled or otherwise characterized as a financial covenant), the subject matter of which either (i) is similar to that of the covenants in Sections 8.14 and 8.15 (or the related definitions in this Article I), but contains one or more percentages, amounts or formulas that is more restrictive, or more favorable to the Persons entitled to the benefits thereof, than those set forth herein or more beneficial to the holder or holders of the Indebtedness created or evidenced by the document in which such covenant or similar restriction is contained (and such covenant or similar restriction shall be deemed an Additional Financial Covenant only to the extent that it is more restrictive or more beneficial) or (ii) is a financial covenant that is different from the subject matter of the covenants in Sections 8.14 and 8.15. Notwithstanding the foregoing, the minimum fixed charge coverage ratio in the Note Agreement in effect on the Effective Date shall not constitute an “Additional Financial Covenant”.

Additional Financial Covenant means any financial covenant applicable to the Parent (regardless of whether such provision is labeled or otherwise characterized as a financial