Budget Testing Date means, with respect to the Budget, 6:00 p.m. Central Standard Time on the Wednesday that is one full week occurring after the Petition Date and each Wednesday thereafter.
Budget Testing Date has the meaning assigned in Section 8.8(a). “Budget Testing Period” has the meaning assigned in Section 8.8(a).
Budget Testing Date means (a) in the case of the Budgeted Receipts Test, the fourth Saturday after the Petition Date and on Saturday of each week thereafter and (b) in the case of the Budgeted Disbursements Test, the second Saturday after the Petition Date and on Saturday of each week thereafter.
More Definitions of Budget Testing Date
Budget Testing Date means, with respect to the Budget, each Wednesday of each calendar week occurring after the Restatement Date (commencing on October 16, 2024) and each Wednesday thereafter.
Budget Testing Date means Friday, October [ ], 20201 and the Friday of every second week thereafter.
Budget Testing Date means Friday of each alternating calendar week, commencing on January 26, 2024. “Budget Testing Period” means, the four-week period ending on the Sunday immediately preceding such Budget Testing Date. “Business Day” means any day other than a Saturday, a Sunday or other day on which banking institutions in New York City or, with respect to any payment on a Note, the place of payment, are authorized or required by law, regulation or executive order to close or remain closed. “Capital Lease Obligation” means, with respect to any Person, the obligations of such Person to pay rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP; and, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP. “Capital Stock” with respect to any Person means any and all shares, interests, rights, participations or other equivalents of or interests in (however designated) stock, limited liability company interests or other equity interests (including partnership or membership interests) issued by such Person that confer the right to receive a share of the profits and losses of, or distributions of, such Person, and any and all warrants, rights or options to purchase or other arrangements or rights to acquire any of the foregoing, but “Capital Stock” shall not include any debt securities convertible into or exchangeable for any securities otherwise constituting Capital Stock pursuant to this definition, whether or not such debt securities include any right of participation with Capital Stock. “Cash Equivalents” means (i) marketable direct obligations issued by, or unconditionally guaranteed by, the United States Government or issued by any agency thereof and backed by the full faith and credit of the United States of America, in each case maturing within one year from the date of acquisition thereof; (ii) marketable direct obligations issued by any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of acquisition, having one of the three highest ratings obtainable from either S&P or Moody’s; (iii) commercial p...
Budget Testing Date means Wednesday of each calendar week commencing on July 22, 2020.
Budget Testing Date has the meaning set forth in SECTION 10.02.
Budget Testing Date means (i) each of the second, third and fourth Friday occurring after the Petition Date (collectively, the “Initial Budget Testing Dates”) and (ii) the
Budget Testing Date. “Initial Budget Testing Periods” has the meaning set forth in the defined term “Budget Testing Period”. “Initial DIP Funding Date” has the meaning provided in Section 5.02 hereof. “Initial Pledged Shares” means the Capital Stock of each Issuer beneficially owned by any Grantor on the date hereof and identified in Schedule VIII. For the avoidance of doubt, Initial Pledged Shares shall not include the Excluded Equity Interests (if any). “Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of any Debtor Relief Law.