ADT Limited definition

ADT Limited means ADT Limited, a Bermuda company.
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ADT Limited is defined in the preamble.
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ADT Limited s Cash Flow Coverage Ratio for the four Fiscal Quarters ending on the Computation Date was to 1.0, as computed on Attachment 1 hereto. The minimum Cash Flow Coverage Ratio of ADT Limited required by clause (b) of Section 4.2.4 of the ADT Limited Guaranty for such period is 1.5 to 1.0.
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Examples of ADT Limited in a sentence

  • The Company and ADT Limited will at all times keep all of the properties of the Company, ADT Limited and the other Restricted Subsidiaries which are of an insurable nature insured with insurers, believed by the Company and ADT Limited to be responsible, against loss or damage to the extent that property of similar character is usually so insured by corporations similarly situated and owning like properties.

  • No condition exists or event or transaction has occurred with respect to any Pension Plan which might result in the incurrence by ADT Limited or any member of the Controlled Group of any material liability, fine or penalty.

  • The motivation is to analyze which feature descrip- tor/representation is better for recognition of which activity class.

  • During 1996, the company acquired 27% of the common shares of ADT Limited, Inc.

  • ADT Limited shall pay any fees of such independent public accountant incurred in connection with the Agent's or any Lender's exercise of its rights pursuant to this Section.

  • If any amount shall be paid to ADT Limited in violation of the preceding sentence and the Obligations shall not have been paid in cash in full and the Commitments have not been terminated, such amount shall be deemed to have been paid to ADT Limited for the benefit of, and held in trust for, the Lender Parties, and shall forthwith be paid to the Lender Parties to be credited and applied to the Obligations, whether matured or unmatured.

  • In furtherance of the foregoing, ADT Limited will, in the event any Person becomes a Material Subsidiary, notify the Agent of such event or condition and will cause such new Material Subsidiary to execute and deliver to the Agent as soon as practicable (but in no event later than thirty days after the occurrence of such event or condition) a Subsidiary Guarantor Guaranty Supplement, together with such certificates and legal opinions as the Agent may reasonably request.

  • Neither ADT Limited nor any Subsidiary of ADT Limited is in violation of, or in default under, any term or provision of its Organic Documents or any contract, agreement, indenture, instrument, law, governmental regulation or court decree or order applicable to it, such that such violations or defaults in the aggregate would reasonably be expected to have a material adverse effect on the business, results of operations, financial condition or prospects of ADT Limited and its Subsidiaries, taken as a whole.

  • Since December 31, 1995, there has been no material adverse change in the business, results of operations, financial condition or prospects of ADT Limited and its Subsidiaries taken as a whole.

  • Each Subsidiary Guarantor covenants and agrees that, until the Covenant Termination Date, such Subsidiary Guarantor will perform, comply with and be bound by all the agreements, covenants and obligations contained in Article VIII of the Credit Agreement and Article IV of the ADT Limited Guaranty applicable to such Subsidiary Guarantor or such Subsidiary Guarantor's properties.


More Definitions of ADT Limited

ADT Limited s Debt to Total Capitalization Ratio:
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ADT Limited s Cash Flow: -----------------------------------------------------------------
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ADT Limited is defined in the second recital.
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