Covenant Relief Period End Date definition

Covenant Relief Period End Date has the meaning set forth in the definition of “Covenant Relief Period”.
Sample 1Sample 2Sample 3
Covenant Relief Period End Date means the date on which the financial statements referred to in Section 6.01(b) for the fiscal quarter ended June 30, 2024 are required to be delivered (or such earlier date as may be selected by the Borrower in its sole discretion as set forth in a certificate signed by a Responsible Officer of the Borrower delivered to the Administrative Agent).
Sample 1Sample 2
Covenant Relief Period End Date means the earlier of (x) May 15, 2024 and (y) the date on which the Compliance Certificate for the Test Period ending March 31, 2024 is delivered pursuant to Section 7.02(a). [Credit Agreement]
Sample 1

Examples of Covenant Relief Period End Date in a sentence

  • Notwithstanding the foregoing, from the Amendment No. 5 Effective Date(e) until after the Covenant Relief Period End Date, the Borrower shall not permit the Outstanding Amount of Revolving Credit Obligations to exceed $750,000,000.


More Definitions of Covenant Relief Period End Date

Covenant Relief Period End Date means the earlier of (x) May 15, 2024 and (y) the date on which the Compliance Certificate for the Test Period ending March 31, 2024 is delivered pursuant to Section 7.02(a). “Core Adjusted Consolidated EBITDA” means, for any period, the amount that would be determined by calculating Consolidated EBITDA for such period, but excluding any amounts that would have been added back to Consolidated EBITDA pursuant to clause (a)(vii) or clause (a)(x) of the definition of “Consolidated EBITDA” or that would have been subtracted from Consolidated EBITDA pursuant to clause (b)(iv) of the definition of “Consolidated EBITDA”. “Covered Party” has the meaning provided in Section 11.22. “Credit Agreement” has the meaning provided in the introductory paragraph hereto. “Credit Documents” means this Credit Agreement, the Notes, the Issuer Documents, the Collateral Documents, the Guaranties, each Request for Credit Extension, any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.16 of this Credit Agreement, the Joinder Agreements, and any amendments to any Credit Documents that are deemed pursuant to their terms to be “Credit Documents” for purposes hereof. “Credit Extension” means each of the following: (a) a Borrowing, (b) the conversion or continuation of a Borrowing and (c) an L/C Credit Extension. “Credit Parties” means, collectively, the Borrower and the Guarantors. “Credit Party Materials” has the meaning provided in Section 7.02. “Cumulative Equity Credit” means, at any date, an amount determined on a cumulative basis equal to, without duplication: (a) the cumulative amount of cash and Cash Equivalent proceeds from the sale of Qualified Stock of the Borrower after the Closing Date and on or prior to such time (including upon exercise of warrants or options) (other than any amount used to incur Indebtedness pursuant to Section 8.03(o), make Restricted Payments pursuant to Section 8.06(d) or make prepayments of Junior Debt pursuant to Section 8.12(a)) which proceeds have been contributed as common equity to the capital of the Borrower, plus (b) 100% of the aggregate amount of contributions to the common capital of the Borrower received in cash and Cash Equivalents after the Closing Date (other than any amount used to incur Indebtedness pursuant to Section 8.03(o), make Restricted 23 1010279941v18
Sample 1

Related to Covenant Relief Period End Date

  • Covenant Relief Period means the period commencing on the First Amendment Effective Date and ending on (and including) the date of delivery of the Compliance Certificate for the fiscal quarter ending March 31, 2024, if such Compliance Certificate demonstrates compliance with Section 7.07.”

  • Eviction Relief Period means the term of this Agreement.

  • Covenant Period means the period of time from the date of this Agreement to the date that is two years after the Date of Termination.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal month of OIS most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver to Agent monthly or annual financial statements pursuant to Schedule 5.1 to this Agreement and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has, for 30 consecutive days, equaled or exceeded the greater of (i) 15% of the Line Cap and (ii) $14,062,500.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Covenant Trigger Period means the period (a) commencing on the day that (i) an Event of Default occurs or (ii) Availability is less than the greater of (x) 10% of Available Credit and (y) $20,000,000 and (b) continuing until, at all times thereafter for a period of 30 consecutive days during which, (i) no Event of Default exists and (ii) Availability shall have been not less than the greater of (x) 10% of Available Credit and (y) $20,000,000.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Financial Performance Covenants means the covenants of the Borrower set forth in Sections 6.10 and 6.11.

  • Covenant Suspension Event has the meaning assigned to such term in Section 4.19.

  • Financial Performance Covenant means the covenant set forth in Section 6.10.

  • Tariff period means the period for which tariff is to be determined by the Commission on the basis of norms specified under these Regulations;

  • Observation Date (k means the "Observation Date (k)" as specified in § 1 of the Product and Underlying Data. If an Observation Date (k) is not a Calculation Date, the immediately following day, which is a Calculation Date shall be the respective Observation Date (k). The respective Early Payment Date (k) will be postponed accordingly. Interest shall not be payable due to such postponement.

  • Observation Period means, in respect of an Interest Period, the period from, and including, the date falling "p" London Banking Days prior to the first day of such Interest Period (and the first Interest Period shall begin on and include the Interest Commencement Date) and ending on, but excluding, the date which is p London Banking Days prior to the Interest Payment Date for such Interest Period (or the date falling p London Banking Days prior to such earlier date, if any, on which the Notes become due and payable);

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Covenant Trigger Event shall occur at any time that Availability is less than the greater of (a) $12.5 million and (b) 10% of the Line Cap then in effect. Once commenced, a Covenant Trigger Event shall be deemed to be continuing until such time as Availability equals or exceeds the greater of (i) $12.5 million and (ii) 10% of the Line Cap then in effect for 30 consecutive days.