Bank Covenants definition

Bank Covenants means the agreed performance guidelines set for your Bank Facilities (if any);
Bank Covenants means the agreed performance guidelines set for your Bank
Bank Covenants means the covenants contained in any agreements, instruments or documents under which the Company or its subsidiaries have or are permitted to borrow funds, the compliance of which will be determined by the Company’s Compensation Committee or its designee in the Compensation Committee’s sole discretion.

Examples of Bank Covenants in a sentence

  • Borrower and/or Guarantor acknowledges and agrees that if Borrower and/or Guarantor is not in compliance with any ▇▇▇▇▇ Fargo Bank Covenants and fails to either cure or have such noncompliance waived within sixty (60) days of the end of such quarter, Borrower and/or Guarantor shall be in default hereunder.

  • Bank Covenants: It is recognized that Contractor must comply with the financial covenants established by its banks and lending institutions.


More Definitions of Bank Covenants

Bank Covenants means the agreed performance guidelines set for