Covenant Reversion Notice definition

Covenant Reversion Notice means a written notice delivered by the Company to the Agent electing to end the Covenant Modification Period.
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Covenant Reversion Notice means a written notice delivered by Terex to the Administrative Agent electing to end the Waiver Period or the Reinstatement Period, as applicable.
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Covenant Reversion Notice means a written notice delivered by FCX to the Administrative Agent electing to end the Covenant Increase Period.
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Examples of Covenant Reversion Notice in a sentence

  • For the avoidance of doubt, following the earlier of (i) January 1, 2022 and (ii) the delivery of a Covenant Reversion Notice, the provisions of this Section 4 shall cease to apply and the provisions in the Amended Credit Agreement shall govern without regard to this Section 4.


More Definitions of Covenant Reversion Notice

Covenant Reversion Notice means a written notice delivered by the Company to the Agent electing to end the Covenant Modification Period. “Net Debt for Borrowed Money” means, as of any date, Debt for Borrowed Money minus the lesser of (a) Unrestricted Cash as of such date and
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Covenant Reversion Notice means a written notice provided by the Company to the Administrative Agent stating the Company’s election to maintain (i) a maximum Leverage Ratio of 3.75 to 1.00 under this Agreement and (ii) a minimum Fixed Charge Coverage Ratio of 1.25 to 1.00 under this Agreement, in each case, on and after the date of receipt of such notice by the Administrative Agent, which notice shall be irrevocable in all respects.
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Related to Covenant Reversion Notice

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Suspension Notice As defined in Section 6(d) hereof.

  • Non-Extension Notice has the meaning specified in Section 2.10.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • prohibition notice means a prohibition notice issued under clause 58(1);

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Extension Notice has the meaning specified in Section 308.

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Covenant Relief Period means the period commencing on the Amendment No. 1 Effective Date and ending on and including December 31, 2022.

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Covenant Suspension Event has the meaning assigned to it in Section 3.22(b).

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Covenant Compliance Event means, at any time, Availability is less than the greater of (i) ten percent (10%) of the Loan Cap and (ii) $15,000,000. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Certification period means the period for which an individual is certified eligible for a program.

  • Additional Default means any provision contained in any document or instrument creating or evidencing Indebtedness of the Borrower or any of its Subsidiaries which permits the holder or holders of such Indebtedness to accelerate (with the passage of time or giving of notice or both) the maturity thereof or otherwise requires the Borrower or any of its Subsidiaries to purchase such Indebtedness prior to the stated maturity thereof and which either (i) is similar to any Default or Event of Default contained in Article VIII of this Agreement, or related definitions in Section 1.1 of this Agreement, but contains one or more percentages, amounts or formulas that is more restrictive or has a xxxxxxx xxxxx period than those set forth herein or is more beneficial to the holder or holders of such other Indebtedness (and such provision shall be deemed an Additional Default only to the extent that it is more restrictive or more beneficial) or (ii) is different from the subject matter of any Default or Event of Default contained in Article VIII of this Agreement, or related definitions in Section 1.1 of this Agreement.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Renewal Notice As defined in Section 1.4(a).

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;