Examples of Covenant Reversion Date in a sentence

Each Additional Guarantor will also be released from its Note Guarantee when a Partial Covenant Suspension Event or a Covenant Suspension Event occurs until the occurrence of a Partial Covenant Reversion Date or a Reversion Date, as applicable, at which time such guarantee shall be reinstated unless such Additional Guarantor would have been released at any time during the suspension period pursuant to any of the other release provisions described in the preceding paragraph..

More Definitions of Covenant Reversion Date

Covenant Reversion Date means 5:30 p.m., New York City time, on (1) May 31, 2007 or (2) if the Company elects to extend such date by giving notice of such extension to Holders of Outstanding Securities prior to May 31, 2007 in the manner set forth in Section 106, June 30, 2007; provided that the Company shall promptly pay the Additional Consent Fee (as defined in the Solicitation Documents) in accordance with the Solicitation Documents.

Covenant Reversion Date means the later to occur of (i) the date on which all of the obligations in respect of the Bank Credit Agreement shall have been paid in full in cash and (ii) the date on which the Company shall have obtained from a nationally recognized debt rating agency a rating in respect of the Notes of BBB or better.

Covenant Reversion Date means the earlier of (i) the Fuels Division Sale Closing Date and (ii) July 8, 2016. Schedule 2.11(c)

Covenant Reversion Date means 5:30 p.m., New York City time, on the earlier of (i) the Business Day following our failure to pay the Consent Fee, if due, for the Securities in accordance with the Solicitation Documents, and (ii) January 31, 2007.

Covenant Reversion Date means the date on which any of the following has occurred, as notified to the Administrative Agent by the Borrower pursuant to a certificate signed by a Responsible Officer of the Borrower: (i) the Borrower ceases to have Investment Grade Ratings from two Rating Agencies, (ii) a Default or an Event of Default occurs and is continuing or (iii) the applicable “Suspension Period” (as such term is defined in the Indenture as of the date hereof without any waiver or amendment thereto) under the Indenture is terminated or is otherwise no longer applicable.

Covenant Reversion Date means the first date after (i) the plan of reorganization for each of Windstream Holdings and Windstream Services (in each case, or any successor thereto) has become effective when (ii) the Consolidated Net Leverage Ratio at such time is no greater than 5.75 to 1.0 and no Default or Event of Default has occurred and is continuing under this Indenture at such time. The Company shall deliver promptly to the Trustee an Officer’s Certificate notifying it of the occurrence of the Covenant Reversion Date; provided, however, that the Trustee shall have no obligation to ascertain or verify the occurrence of the Covenant Reversion Date.

Covenant Reversion Date means the earlier of (a) 5:00 p.m., New York City time, on December 31, 2006, or (b) the business day immediately following the date on which the Company has satisfied the Financial Reporting Covenant Condition.