Examples of Financial Condition Covenant in a sentence
To the extent a fiscal quarter ended for which the Financial Condition Covenants are initially recalculated as a result of a Cure Right is included in the calculation of a Financial Condition Covenant in a subsequent fiscal period, the Cure Amount shall be included in the amount of Operating Cash Flow for such initial fiscal period.
Notwithstanding anything herein to the contrary, (a) in no event shall Parent be entitled to exercise the Cure Right in more than two consecutive fiscal quarters and (b) each Cure Amount shall not exceed the amount required to cure the applicable failure to comply with a Financial Condition Covenant.
Subject to the satisfaction of the conditions set forth in Section 4 of this Amendment, Section 7.1 of the Existing Credit Agreement is hereby amended and restated in its entirety as follows: 7.1 Financial Condition Covenant.
Notwithstanding anything in this Agreement to the contrary, to the extent a fiscal quarter ended for which the Financial Condition Covenant is initially recalculated as a result of a Cure Right is included in the calculation of the Financial Condition Covenant in a subsequent fiscal period, the Cure Amount shall be included in the amount of Consolidated EBITDA for such fiscal quarter when calculating the Financial Condition Covenant for such subsequent fiscal period.
Notwithstanding anything herein to the contrary, (a) in no event shall Holdco be entitled to exercise the Cure Right in more than two consecutive fiscal quarters and (b) each Cure Amount shall not exceed the amount required to cure the applicable failure to comply with a Financial Condition Covenant.
Contracts arising from this request for proposal will begin November 15, 2018 and end June 1, 2019.
To the extent a fiscal quarter ended for which the Financial Condition Covenants are initially recalculated as a result of a Cure Right is included in the calculation of a Financial Condition Covenant in a subsequent fiscal period, the Cure Amount shall be included in the amount of Consolidated EBITDA for such initial fiscal period.
Real Estate Post-Closing Obligations 74 7.1. Financial Condition Covenant 76 7.2. Indebtedness 76 7.3. Liens 79 7.4. Merger, Consolidation and Sale of Assets 79 7.5. Disposition of Property 81 7.6. Restricted Payments 83 7.7. Payment Restrictions Affecting Restricted Subsidiaries 87 7.8. [Reserved] 89 7.9. [Reserved] 89 7.10.
OFAC, PATRIOT Act Compliance 41 Section 6.1. Financial Condition Covenant 41 Section 6.2. Liens 41 Section 6.3. Fundamental Changes 42 Section 6.4. Disposition of Property 43 Section 6.5. Restricted Payments 43 Section 6.6. Amendments to Related Documents 44 Section 6.7. Investments 44 Section 6.8. Negative Pledge Clauses 44 Section 6.9. Clauses Restricting Subsidiary Distributions 44 Section 6.10.