Designated Covenants definition

Designated Covenants means the covenants and agreements undertaken by the Company pursuant to Section 5.05(a).
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Designated Covenants means, collectively, all of the covenants and agreements of SGC contained in the Lease, the Construction Management Agreement, the Purchase Agreement and the Closing Certificate.
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Designated Covenants shall have the meaning set forth in Section 8.2.
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Examples of Designated Covenants in a sentence

  • The Credit Agreement is hereby amended, (x) effective as of December 30, 1998, to excuse compliance solely through the Waiver Termination Date with the Designated Covenants solely to the extent of the Scheduled Defaults; and (y) on the Waiver Termination Date, to reinstitute all Designated Covenants and to require Borrower's compliance with such Designated Covenants including compliance with such Designated Covenants for the fiscal quarters ended December 31, 1998 and March 31, 1999.


More Definitions of Designated Covenants

Designated Covenants means, collectively, all of the covenants and agreements of SWI contained in the Lease, Purchase Agreement and Closing Certificate.
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Designated Covenants means the covenants and agreements set forth in Articles 3 and 10 and Sections 8.4, 8.7, 8.8, 11.3 and 13.3.
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Designated Covenants means the covenants and provisions set forth in Section 2.04, including (without limitation) the Compliance Schedule.
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Designated Covenants means, collectively, all of the covenants and agreements of FCI contained in the Lease, the Construction Management Agreement, the Purchase Agreement and the Closing Certificate.
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Designated Covenants means the covenants contained in Sections 4.03, 4.04(a)(2), 4.04(a)(4), 4.05, 4.07 (but only as to funds constituting proceeds from the Securities as determined in the reasonable judgement of the board of directors of the Company), and 4.12, in each case, including any defined terms contained therein.
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Designated Covenants means the covenants contained in Sections 4.03, 4.04(a)(2), 4.04(a)(4), 4.05 and 4.07 (but only as to funds constituting proceeds from the Securities as determined in the reasonable judgement of the board of directors of the Company), in each case, including any defined terms contained therein.
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Related to Designated Covenants

  • Suspended Covenants has the meaning assigned to such term in Section 4.19.

  • Significant break in coverage means a period of 63 consecutive days during each of which an individual does not have creditable coverage.

  • Level IV Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower's Xxxxx'x Rating is Baa3 or better or the Borrower's S&P Rating is BBB- or better.

  • Level I Status exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.

  • Transfer fee covenant means a declaration or covenant purporting to affect real property which requires or purports to require the payment of a transfer fee to the declarant or other person specified in the covenant or declaration, or to their successors or assigns, upon a subsequent transfer of an interest in the real property.

  • Class D Coverage Tests means the Class D Interest Coverage Test and the Class D Par Value Test.

  • Locality in which the work is performed means the county in which the public work is done.

  • Level VI Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status.

  • Level III Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Borrower's Xxxxx'x Rating is Baa2 or better or the Borrower's S&P Rating is BBB or better.

  • Special Hazard Coverage Termination Date The point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.

  • Waiver eligibility span means the twelve-month period following either an individual's initial waiver enrollment date or a subsequent eligibility re- determination date.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Level V Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status or Level IV Status.

  • Adjusted Covered Debt Balance means, on any date, the aggregate Covered Debt Amount on such date minus the aggregate amount of Cash and Cash Equivalents included in the Portfolio Investments held by the Obligors (provided that Cash Collateral for outstanding Letters of Credit shall not be treated as a portion of the Portfolio Investments).

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal month of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver to Agent monthly financial statements pursuant to Schedule 5.1 to this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (a) 15% of the Maximum Revolver Amount, and (b) $4,500,000 for 60 consecutive days.

  • Level II Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status and (ii) the Borrower's Xxxxx'x Rating is Baa1 or better or the Borrower's S&P Rating is BBB+ or better.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Full Capacity Deliverability Status or “FCDS” has the meaning set forth in the CAISO Tariff.

  • Qualifying Dependent means, for Dependent Care Flexible Spending Account purposes,

  • Termination Assistance Period means the period commencing upon the expiration or termination of this Agreement and each Statement of Work and expiring six (6) months thereafter, as such period may be extended by the Parties.

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

  • ISO-NE means ISO New England, Inc. or any successor entity.

  • Probationary status means the 12-month period following

  • Consolidated Coverage Ratio means as of any date of determination, with respect to any Person, the ratio of (x) the aggregate amount of Consolidated EBITDA of such Person for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which financial statements are in existence to (y) Consolidated Interest Expense for such four fiscal quarters, provided, however, that: