Covenant Waiver Period definition

Covenant Waiver Period means the period commencing with the fiscal quarter ending June 30, 2020 and ending on the earlier of (i) the date the Borrower shall be required to deliver the compliance certificate to be delivered with respect to the fiscal quarter ending June 30, 2021 in accordance with Section 5.01(d) and (ii) the Covenant Compliance Date.>

Covenant Waiver Period means the period commencing on January 1, 2020 and ending on the earlier to occur of (a) the date that the Administrative Agent receives a written notice from the Company making an irrevocable election to terminate such period and (b) April 1, 2021.

Covenant Waiver Period means the period commencing on the Second Amendment Effective Date and ending on the earlier to occur of (a) for purposes of Sections 7.11(d) and (e), (i) the date the Borrower is required to deliver a duly completed Compliance Certificate for the fiscal quarter ending June 30March 31, 20212022 pursuant to Section 6.02(a) (or, if earlier, the date on which the Borrower delivers such Compliance Certificate pursuant to Section 6.02(a)) and (ii) the date the Borrower delivers a Compliance Certificate in accordance with Section 6.02(a) with respect to any fiscal quarter ending after the Second Amendment Effective Date but prior to March 31, 2022, together with a written notice to the Administrative Agent irrevocably electing to terminate the Covenant Waiver Period concurrently with such delivery, and (b) for all other purposes under this Agreement, (i) the date the Borrower is required to deliver a duly completed Compliance Certificate for the fiscal quarter ending June 30, 2022 pursuant to Section 6.02(a) (or, if earlier, the date on which the Borrower delivers such Compliance Certificate pursuant to Section 6.02(a)) and (bii) the date the Borrower delivers a Compliance Certificate in accordance with Section 6.02(a) with respect to any fiscal quarter ending after the Second Amendment Effective Date but prior to June 30, 20212022, together with a written notice to the Administrative Agent irrevocably electing to terminate the Covenant Waiver Period concurrently with such delivery.

Examples of Covenant Waiver Period in a sentence

• The applicable interest rate has been set to the highest level of grid-based pricing during the Covenant Waiver Period.

• We do not anticipate repurchasing additional shares until business conditions improve, and are prohibited from doing so for the duration of the Covenant Waiver Period, as discussed in Note 10, under our Credit Facility, with certain exceptions.

• For instance, if a researcher asks children a question in which they include a metaphor that the child does not understand, then the children often interpret the meaning of metaphors quite literally and lose understanding of the question altogether, unable to give an answer.In summary, there are many cognitive biases that can occur during usability testing with chil- dren.

• The First Credit Facility Amendment waives the quarterly-tested leverage covenant in the Credit Facility through and including the first quarter of 2021 (the “Covenant Waiver Period”), adjusts the required leverage levels for the covenant when it is re-imposed at the end of the Covenant Waiver Period, and imposes a new monthly-tested liquidity covenant for the duration of the Covenant Waiver Period.

• Through family therapy, substance abuse counseling and vocational programs.

More Definitions of Covenant Waiver Period

Covenant Waiver Period means the period commencing on the date of this Agreement and ending on 1 January 2010 (or such later date as the Agent may with the authorisation of the Lenders, agree with the Borrowers);

Covenant Waiver Period means the period commencing on January 1, 2020 and ending on the earlier to occur of (a) the date that the Administrative Agent receives a written notice from the Company making an irrevocable election to terminate such period and (b) AprilJanuary 1, 20212022 .

Covenant Waiver Period means the period commencing on the Second Amendment Effective Date and ending on the earlier to occur of (a) the date the Borrower is required to deliver a duly completed Compliance Certificate for the fiscal quarter ending June 30, 2021 pursuant to Section 5.03(d) (or, if earlier, the date on which the Borrower delivers such Compliance Certificate pursuant to Section 5.03(d)) and (b) the date the Borrower delivers a Compliance Certificate in accordance with Section 5.03(d) with respect to any fiscal quarter ending after the Second Amendment Effective Date but prior to June 30, 2021, together with a written notice to the Administrative Agent irrevocably electing to terminate the Covenant Waiver Period concurrently with such delivery.

Covenant Waiver Period means the period from and after the Amendment No. 4 Effective Date to and including the earliest of (i) the day immediately preceding the last day of the Test Period ending on (or about) March 31, 2022 and (ii) the day immediately preceding the last day of the Test Period during which the Borrower has delivered a written notice to the Administrative Agent electing to terminate the Covenant Waiver Period (a “Covenant Waiver Termination Notice”) (e.g., assuming Fiscal Quarters ending on calendar quarter-ends, if such Covenant Waiver Termination Notice is delivered on October 1, 2020, then December 30, 2020, and the first reinstituted testing of the Financial Covenant would occur for the Fiscal Quarter ending on December 31, 2020, but solely to the extent the Revolving Facility Test Conditions are satisfied on December 31, 2020).

Covenant Waiver Period means the period commencing retroactively, as of June 30, 2000 and ending as of close of business on October 27, 2000."

Covenant Waiver Period means the period commencing on March 31, 2020 and ending on and including December 31, 2020.”

Covenant Waiver Period appearing in Article 1 of the Agreement is hereby amended and restated in its entirety as follows: