Maintenance Covenants definition

Maintenance Covenants means the maintenance covenants set out in Clause 12.1 (Maintenance Covenants).
Maintenance Covenants means the financial covenants set forth in Condition 13.1 (Maintenance Covenants).
Maintenance Covenants means the financial maintenance covenants as set out in Clause 13.1 (Maintenance test).

Examples of Maintenance Covenants in a sentence

  • The Maintenance Covenants shall be calculated in accordance with the Accounting Principles applicable to the Issuer and tested by reference to each of the Financial Reports on each Reference Date with respect to the Reference Period ending on such Reference Date.

  • The Issuer has failed to comply with any of the Maintenance Covenants and such failure has not been cured in accordance with provisions for the equity cure set out in Clause12.3 (Equity Cure).

  • The Issuer has failed to comply with any of the Maintenance Covenants.

  • All regular projects and programmes that complete implementation will be subject to terminal evaluation by an independent evaluator selected by the Implementing Entity.

  • Ownership of Cov-Lite Loans may expose the Issuer to greater risks, including with respect to liquidity, price volatility and ability to restructure loans, than is the case with loans that have Maintenance Covenants.


More Definitions of Maintenance Covenants

Maintenance Covenants means the maintenance covenants set out in Clause 16.1. "Margin" 8.85 per cent. per annum.
Maintenance Covenants means the financial covenants set forth in Section 7.17.
Maintenance Covenants means the financial maintenance covenants as set out in Clause 12.1 (Maintenance Test).
Maintenance Covenants means the maintenance covenants set out in Clause 13.1.
Maintenance Covenants means the maintenance covenants set out in Clause 11.1
Maintenance Covenants means the General Covenants, Easements and Restrictions for The Lakes of Sarasota recorded in Official Records Book 1641, Page 0600 of the Public Records of the County, and any and all amendments and Supplements thereto, which provides for the operation, management and administration of the Lakes of Sarasota, the establishment of Common Maintenance Areas therein, and the assessment of “Maintenance Expenses” (as that term is defined therein).