Materials Handling Contract definition
Materials Handling Contract any fee-based contractual arrangement entered into by any Loan Party whereby such Loan Party performs business services relating to materials handling or through-put for a third party.
Materials Handling Contract any fee-based contractual arrangement entered into by any Loan Party whereby such Loan Party performs business services relating to materials handling or through-put for a third party. “Materials of Environmental Concern”: any gasoline, natural gas, petroleum and any other solid, liquid or gas hydrocarbon (including, without limitation, crude oil or any fraction or derivative thereof) or any hydrocarbon-based products (including, without limitation, any petroleum products) or any other pollutant, contaminant, dangerous goods, hazardous or toxic substances, materials or wastes, defined or regulated as such in or under, or which form the basis of liability under, any Environmental Law or Environmental Permit, including asbestos, polychlorinated biphenyls and urea- formaldehyde insulation, medical waste, radioactive materials and electromagnetic fields. “Maturity Date”: the Acquisition Facility Maturity Date, the Dollar Working Capital Facility Maturity Date or the Multicurrency Working Capital Facility Maturity Date, as the context
Materials Handling Contract any fee-based contractual arrangement entered into by any Loan Party whereby such Loan Party performs business services relating to materials handling or through-put for a third party. “Materials of Environmental Concern”: any gasoline, natural gas, petroleum and any other solid, liquid or gas hydrocarbon (including, without limitation, crude oil or any fraction or derivative thereof) or any hydrocarbon-based products (including, without limitation, any petroleum products) or any other pollutant, contaminant, hazardous or toxic substances, materials or wastes, defined or regulated as such in or under, or which form the basis of liability under, any Environmental Law or Environmental Permit, including asbestos, polychlorinated biphenyls and urea-formaldehyde insulation, medical waste, radioactive materials and electromagnetic fields. “Maturity Date”: the Acquisition Facility Maturity Date, the Dollar Working Capital Facility Committed Tranche Maturity Date, the Dollar Working Capital Facility Uncommitted Tranche Maturity Date and/or the Multicurrency Working Capital Facility Maturity Date, as the context requires. “Maximum Consolidated Total Leverage Ratio”: 4.50:1.0; provided that upon the consummation of a Material Acquisition, the Maximum Consolidated Total Leverage Ratio shall be 5.00:1.0 for three consecutive fiscal quarters beginning with the fiscal quarter ending immediately after consummation of such Material Acquisition (or the fiscal quarter ending upon consummation of such Material Acquisition, in the event such consummation occurs on a fiscal quarter end). “Minimum Consolidated Fixed Charge Coverage Ratio”: 1.20:1.0. “Minimum Consolidated Net Working Capital Amount”: $35,000,000. “MLP”: ▇▇▇▇▇▇▇ Resources LP, together with, for the avoidance of doubt, following the effectiveness of the Approved Organizational Changes, any successor-in-interest thereto.
More Definitions of Materials Handling Contract
Materials Handling Contract any fee-based contractual arrangement entered into by any Loan Party whereby such Loan Party performs business services relating to materials handling or through-put for a third party. “Materials of Environmental Concern”: any gasoline, natural gas, petroleum and any other solid, liquid or gas hydrocarbon (including, without limitation, crude oil or any fraction or derivative thereof) or any hydrocarbon-based products (including, without limitation, any petroleum products) or any other pollutant, contaminant, hazardous or toxic substances, materials or wastes, defined or regulated as such in or under, or which form the basis of liability under, any Environmental Law or Environmental Permit, including asbestos, polychlorinated biphenyls and urea-formaldehyde insulation, medical waste, radioactive materials and electromagnetic fields. “Maturity Date”: the Acquisition Facility Maturity Date, the Dollar Working Capital Facility Committed Tranche Maturity Date, the Dollar Working Capital Facility Uncommitted Tranche Maturity Date and/or the Multicurrency Working Capital Facility Maturity Date, as the context requires. USActive 56005294.156005294.9 -78-