Affected Period definition
Examples of Affected Period in a sentence
The Seller agrees to provide the Buyer with supporting documentation for the operating expenses for each Affected Period and to apply amounts received in excess of the actual operating expenses against the subsequent Affected Period operating expenses or alternatively, reimburse the Buyer for such excess.
Notwithstanding the foregoing, the Borrower represents and warrants that after the Restatement the Borrower will be in compliance with the financial covenants set forth in Section 7.11 of the Credit Agreement for the Affected Period.
At least seven days before the completion of the First Month and at least seven days before the completion of every two week period following the First Month (such two week period, the "Affected Period"), the Buyer shall provide the Seller with its operating expenses requirement for the Affected Period along with an advance to cover such expenses less any excess advances from prior periods.
Immediately upon termination of the Affected Period, the Affected Party shall resume performance.
The foregoing provisions for determining the Conversion Price in a Dilutive Issuance during the Affected Period shall supersede in their entirety the provisions in Section 1.6(e) of the Note for determining the Conversion Price in a Dilutive Issuance.
The foregoing provisions for determining the Conversion Price in a Dilutive Issuance during the Affected Period shall supersede in their entirety the provisions in Section 1.6(e) of the Notes for determining the Conversion Price in a Dilutive Issuance.
The interest rate set forth in such notice will apply starting with the Affected Period.
Borrower hereby represents that it is in non-compliance with the covenants contained in 17.5, 17.7, 17.8, and 17.10 of the Loan Agreement with respect to the Affected Period.
Subject to satisfaction of the conditions set forth herein, Lenders hereby agree to waive all Events of Default in connection with Borrower's non-compliance with the covenants contained in 17.5, 17.7, 17.8, and 17.10 of the Loan Agreement with respect to the Affected Period.