Equity Cure Amount definition
Examples of Equity Cure Amount in a sentence
The Equity Cure Amount shall also be included in the EBITDA calculation on the subsequent Calculation Date.
The Equity Cure Notice shall set forth the calculation of the applicable Equity Cure Amount (as defined below) and be certified by a Financial Officer of the Borrower.
For the avoidance of doubt, on the two Calculation Dates on which the EBITDA calculation is deemed to be increased by the Equity Cure Amount the pro forma re-calculation will not double count the application of the Equity Cure Amount in prepayment, purchase and/or redemption described in paragraph (a) above through a reduction of Total Net Debt and/or Net Finance Charges.
For the avoidance of doubt, any Liquidity Equity Cure Contribution and any Liquidity Equity Cure Amount shall for all purposes of this Agreement, be treated as an “Equity Cure Contribution” or “Equity Cure Amount”, as applicable.
For each Rolling Period ending after March 31, 2016 that includes the fiscal quarter ending on such date, (a) the Borrower shall be deemed to have received the Equity Cure Amount during the fiscal quarter ending on March 31, 2016 and (b) the Borrower may add such Equity Cure Amount in calculating its Consolidated EBITDA for each applicable Rolling Period.