Covenant Effective Date definition

Covenant Effective Date means December 6, 2001. -----------------------
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Covenant Effective Date means the “Covenant Effective Date” (as defined in Amendment No. 8).
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Covenant Effective Date means July 1, 2021.
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Examples of Covenant Effective Date in a sentence

  • If the Borrower and Program Agent are unable to reach agreement as to the Financial Covenants on or prior to the Financial Covenant Effective Date, then an Event of Termination shall be deemed to have occurred under this Agreement.

  • Agilysys shall not suffer or permit at any time the Available Cash Liquidity to be less than One Hundred Million Dollars ($100,000,000) on the KeyLink Disposition Date through the Financial Covenant Effective Date.

  • Incremental Amount to include (i) a ratio prong to incur first lien indebtedness set at 4.50x SNLR plus (ii) on and after the Covenant Effective Date, a free-and-clear basket equal to the greater of (x) 25% of the Borrower’s consolidated Same-Facility Adjusted EBITDA for the four fiscal quarter period immediately preceding the date of determination, as determined on a pro forma basis and (y) 25% of the Borrower’s consolidated Same-Facility Adjusted EBITDA as of the Plan Effective Date.

  • In consideration for the Lenders and the Agent entering into the Amendment, on the Covenant Effective Date, the Borrowers agree to pay the Agent for the account of each of the Lenders who executes this Amendment prior to the consummation of the Subsidiary Trust Transaction a fee equal to 0.025% of the aggregate Commitment of each Lender under the Credit Agreement.

  • The Borrower will not permit the Consolidated Interest Coverage Ratio to be less than (x) prior to the Covenant Effective Date, 2.50 to 1 or (y) from and after the Covenant Effective Date, 2.25 to 1, in each case, as of the last day of any fiscal quarter.

  • The Amendment Fees will be earned and payable upon the earlier of the Reorganization Effective Date or the Covenant Effective Date.

Related to Covenant Effective Date

  • Restatement Effective Date means the date on which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.02).

  • Agreement Effective Date means the date on which the conditions set forth in Section 2 have been satisfied or waived by the appropriate Party or Parties in accordance with this Agreement.

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Amendment Effective Date means the date of this Agreement.

  • First Restatement Effective Date means the “Restatement Effective Date” as defined in the First Amendment Agreement.

  • Settlement Effective Date means the date on which the Final Order is Final, provided that by such date the Settlement has not been terminated in accordance with Article 11.

  • Second Restatement Effective Date has the meaning specified in the Second Amendment Agreement.

  • Assignment Effective Date as defined in Section 10.6(b).

  • First Amendment Effective Date has the meaning assigned to such term in the First Amendment.

  • Seventh Amendment Effective Date as defined in the Seventh Amendment.

  • Eighth Amendment Effective Date shall have the meaning provided in the Eighth Amendment.

  • Third Amendment Effective Date shall have the meaning provided in the Third Amendment.

  • Ninth Amendment Effective Date has the meaning set forth in Section 4 of the Ninth Amendment.

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.

  • Sixth Amendment Effective Date shall have the meaning provided in the Sixth Amendment.

  • Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Agreement Effective Period means, with respect to a Party, the period from the Agreement Effective Date to the Termination Date applicable to that Party.

  • Tenth Amendment Effective Date has the meaning set forth in Section 4 of the Tenth Amendment.

  • Eleventh Amendment Effective Date has the meaning set forth in Section 4 of the Eleventh Amendment.

  • Amendment and Restatement Effective Date means June 28, 2018, the date the amendments and restatements to the Plan of May 7, 2018 are subject to approval by the Company’s stockholders at the Company’s 2018 Annual Meeting.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.