Starter Basket definition

Starter Basket has the meaning assigned to such term in the definition ofAvailable Amount.”
Starter Basket means (a) the sum of (i) $500,000,000, plus (ii) the greater of (x) $230,000,000 and (y) 100% of Consolidated EBITDA for the most recently completed Test Period (calculated on a Pro Forma Basis), minus (b) any amounts previously utilized pursuant to Section 2.20(d)(iii)(A) hereof and the amount of Incremental Equivalent Debt incurred pursuant to Section 6.01(a)(xxiii) in reliance on the Starter Basket hereof.
Starter Basket means $600,000,000 minus any amounts previously utilized pursuant to Section 2.14(d)(v)(A) and the amount of Incremental Equivalent Debt incurred in lieu thereof.

Examples of Starter Basket in a sentence

  • These essentials offer added security during what is usually a very difficult time.The Starter Basket is one more way to empower women, reminding them they are supported by a community and a union 100% behind them in a life free from domestic violence.The RWC partnered with the Yukon Women's Coalition to help raise awareness on International Women's Day, celebrating the international theme "Balance For Better".


More Definitions of Starter Basket

Starter Basket has the meaning set forth in the definition ofCumulative Credit.”
Starter Basket means the greater of (1)(x) $700,000,000 and (y) Consolidated EBITDA for the most recently completed Test Period (calculated on a Pro Forma Basis) minus (2) any amounts previously utilized pursuant to Section 2.20(d)(iii)(A) hereof and the amount of Incremental Equivalent Debt incurred pursuant to Section 6.01(xxiii) in reliance on the Starter Basket hereof.
Starter Basket means the greater of (x) $65,000,000 and (y) Consolidated EBITDA (on a Pro Forma Basis in accordance with Section 1.09) minus any amounts previously utilized pursuant to Section 2.14(d)(v)(A)(i) (and not redesignated) and the amount of Incremental Equivalent Debt incurred in lieu thereof and not redesignated.
Starter Basket has the meaning assigned to such term in the definition of Available Basket Amount.
Starter Basket means the sum of (1) the greater of (x) $152,000,000 and (y) 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period plus (2) any unused amounts under Section 7.03(m).
Starter Basket. Available Amount” “Tax Distributions” 5.07(a)(vii)(A) “Tax Group” 5.07(a)(vii)(A)
Starter Basket shall have the meaning provided in the definition of the termAvailable Amount”. “Stated Amount” of any Letter of Credit shall mean the maximum amount from time to time available to be drawn thereunder, determined without regard to whether any conditions to drawing could then be met. “Stated Liabilities” shall mean the recorded liabilities (including contingent liabilities that would be recorded in accordance with GAAP) of such Person and its subsidiaries taken as a whole, as of the Amendment No. 5 Effective Date after giving effect to the consummation of the Amendment No. 5 Transactions (including the execution and delivery of this Agreement, the making of the Loans and the use of proceeds of such Loans, in each case on the date in question), determined in accordance with GAAP consistently applied. “Subordinated Indebtedness” shall mean any Indebtedness for borrowed money that is subordinated expressly by its terms in right of payment to the Obligations. “Subordinated Indebtedness Documentation” shall mean any document or instrument issued or executed with respect to any Subordinated Indebtedness. “Subsidiary” as to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly, through one or more intermediaries, or both, by such Person. Unless otherwise expressly provided, all references herein to a “Subsidiary” shall mean a Subsidiary of the Borrower. Notwithstanding anything to the contrary herein, no Grosvenor Fund shall be deemed to be a Subsidiary of the Borrower or its Subsidiaries. “Successor Borrower” shall have the meaning provided in Section 10.3(a). “Supported QFC” shall have the meaning provided in Section 13.21.