Covenant Reversion Date definition

Covenant Reversion Date means, 11:59 p.m., New York City time, on the earlier of (i) the Business Day following the Company’s failure to pay the Consent Fee, if due, for the Securities in accordance with the Solicitation Documents and (ii) March 31, 2006.

Covenant Reversion Date means, 11:59 p.m., New York City time, on the earlier of (i) the Business Day following the Company’s failure to pay the Consent Fee, if due, for the Preferred Securities in accordance with the Solicitation Documents and (ii) March 31, 2006.

Covenant Reversion Date means, with respect to the 2005 Securities, the earliest of 5:30 p.m., New York City time, on (i) the Business Day following the Company’s failure to pay the Initial Consent Fee, if due, for the 2005 Securities in accordance with the Solicitation Documents,(ii) the Business Day following the Company’s failure to pay the Additional 2 Consent Fee, if due, for the 2005 Securities in accordance with the Solicitation Documents and (iii) September 30, 2005.

Examples of Covenant Reversion Date in a sentence

• Notwithstanding any other provision of this Section 1004 or this Indenture, the Company will have no obligation to deliver an Officer’s Certificate, as referred to in the preceding sentence, relating to the breach of a covenant contained in Sections 704 or 1004 of this Indenture that occurred prior to the Covenant Reversion Date.

• The proposed amendment to the definition of Covenant Reversion Date impacts this provision.

• Notwithstanding any other provision of this Section 7.04 or this Indenture, the information, documents and reports referred to in this Section 7.04 that the Company or the Guarantors would have been required to file with the Commission or the Trustee or transmit to the Holders on any date on or before the Covenant Reversion Date (but for this sentence) will not be required to be filed or transmitted by the Company or the Guarantors until the Covenant Reversion Date.

• Notwithstanding any other provision of this Section 10.10 or this Indenture, the documents and reports referred to in this Section 10.10 that the Company would have been required to file with the Commission or the Trustee on any date on or before the Covenant Reversion Date (but for this sentence) will not be required to be filed by the Company until the Covenant Reversion Date.

• The assets belonging to each particular Series shall be charged with the liabilities of that Series and all expenses, costs, charges and reserves attributable to that Series in such manner as the Trustees in their sole discretion shall determine.

More Definitions of Covenant Reversion Date

Covenant Reversion Date means, 5:30 p.m., New York City time, on the earlier of (i) the Business Day following the Company’s failure to pay the Purchase Price, if due, for the Notes in accordance with the Offer to Purchase and (ii) October 31, 2005.

Covenant Reversion Date means the earlier of 5:30 p.m., New York City time, on (i) the Business Day following the Company’s failure to pay the Initial Consent Fee for the Debentures in accordance with the Solicitation Documents, (ii) the Business Day following the Company’s failure to pay the Additional Consent Fee, if due, for the Debentures in accordance with the Solicitation Documents and (iii) October 31, 2008.”

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.

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 Lender 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.