Cumulative Credit definition

Cumulative Credit means the sum of (without duplication):
Cumulative Credit means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to, without duplication:
Cumulative Credit means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to the sum of (without duplication):

Examples of Cumulative Credit in a sentence

  • If more than one action occurs on any given date the permissibility of the taking of which is determined hereunder by reference to the amount of the Cumulative Credit immediately prior to the taking of such action, the permissibility of the taking of each such action shall be determined independently and in no event may any two or more such actions be treated as occurring simultaneously.


More Definitions of Cumulative Credit

Cumulative Credit means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to, without duplication (and without duplication of amounts that otherwise increased the amount available for Investments pursuant to Section 6.04):
Cumulative Credit means, at any date, an amount, determined on a cumulative basis equal to, without duplication:
Cumulative Credit means, at any date, an amount equal to:
Cumulative Credit means, at any time of determination, an amount equal to the sum of:
Cumulative Credit means the sum of (i) Capital Stock Sale Proceeds plus (ii) cumulative EBITDA of the Company from and after January 1, 1993 to the end of the fiscal quarter immediately preceding the date of a proposed Restricted Payment, or, if such cumulative EBITDA for such period is negative, minus the amount by which such cumulative EBITDA is less than zero.
Cumulative Credit means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to, withoutduplication:
Cumulative Credit means, at any time, an amount (which shall not be less than zero) equal to: