Section 1.37 definition

Section 1.37 . Leverage Ratio” means the ratio of (i) Funded Debt less Net Cash for a Reporting Period to (ii) EBITDA for the same Reporting Period. For purposes of this definition, the term “Net Cash” means all unencumbered cash on hand in excess of $1,000,000 as of the applicable Leverage Ratio Determination Date.”
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Examples of Section 1.37 in a sentence

  • In the absence of a quorum any meeting of Limited Partners may be adjourned from time to time by the affirmative vote of holders of at least a majority of the Outstanding Partnership Securities entitled to vote at such meeting (including Outstanding Partnership Securities deemed owned by the General Partner) represented either in person or by proxy, but no other business may be transacted, except as provided in Section 13.7. - 68 - Alliance Holdings GP, L.P.

  • Work in the Project shall achieve Final Acceptance and be ready for final payment within thi1ty (30) Days fi·om the tetmination of the period specified for the achievement of Substantial Comp1etion of Work DESIGN AND BUILD FOR THE L\1PROVEMENTS TO THE BARRIO ▇▇▇▇▇▇ ▇▇▇▇▇▇ SANITARY SEWER SYSTEM SAN WAN, PUERTO RICO CIP NUMBER: l-66-5ll4 PAGE20F8 in accordance to the provisions of the Section 13.7 - "Final Payment", of the General Conditions.

  • A certificate of the Agent or a Lender setting forth the amount or amounts owing to the Agent, Lender or a sub-agent or Related Party, as the case may be, as specified in this Section 13.7 , including reasonable detail of the basis of calculation of the amount or amounts, and delivered to the Borrower shall be conclusive absent manifest error.

  • All claims under Sections 13.1, ------------- 13.2, or 13.3 other than Third Party Claims shall be governed by Section 13.7 ---- ---- ------------ below.

  • Either Party may terminate this Agreement in accordance with Section 6.9. In the event that KemPharm terminates this Agreement pursuant to Section 6.9 and continues to Commercialize Licensed Products in the Field in the Collaboration Territory, in addition to the effects of termination described in Section 13.7, [*] prior to the effective date of termination.

  • The final payment shall be made in accordance with the provisions of Section 13.7- " Final Payment", of the General Conditions and on the period specified in the Contrae! Documents after the date of Final Acceptance.

  • The Block Purchase Amount may be increased to up to One Million Dollars ($1,000,000) per Block Purchase Notice if the Sale Price of the Common Stock is not below $2.50 (subject to equitable adjustment for any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction) during the Purchase Date, the date of the delivery of the Block Purchase Notice and during the Business Day prior to the delivery of the Block Purchase Notice.

  • Except as stated in Section 13.8, effective as of having given notice under this Section 13.7 [* * *].

Related to Section 1.37

  • Section 102 means Section 102 of the Ordinance and any regulations, rules, orders or procedures promulgated thereunder as now in effect or as hereafter amended.

  • Section 504 means Section 504 of the Rehabilitation Act of 1973.

  • Section 1110 means Section 1110 of the Bankruptcy Code.

  • Section 8 means Section 8(c)(2)(A) of the United States Housing Act of 1937, as amended.

  • Section 16 means Section 16 of the Exchange Act and the rules promulgated thereunder and any successor provision thereto as in effect from time to time.