Suspension Covenants definition

Suspension Covenants has the meaning specified in the last paragraph of Section 5.02.
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Suspension Covenants has the meaning specified in Section 5.15(c).
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Suspension Covenants shall have the meaning specified in Section 4.2(k).
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Examples of Suspension Covenants in a sentence

  • In the event that Parent, the Borrower and its Restricted Subsidiaries are not required to comply with the Suspension Covenants for any period of time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) the Ratings Condition is not satisfied, then Parent (solely with respect to Section 6.07), the Borrower and its Restricted Subsidiaries will thereafter again be required to comply with the Suspension Covenants with respect to any future events or transactions.

  • In the event that Holdings and its Subsidiaries are not required to comply with the Suspension Covenants during a Suspension Period, and on any subsequent date a Reinstatement Event occurs, then Holdings and each of its Subsidiaries will, upon such subsequent Reinstatement Date and thereafter, again be required to comply with the Suspension Covenants with respect to any future events or transactions.

  • In the event that Holdings, the Borrower and the Restricted Subsidiaries are not required to comply with the Suspension Covenants for any period of time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) the Ratings Condition is not satisfied, then Holdings, the Borrower and the Restricted Subsidiaries will thereafter again be required to comply with the Suspension Covenants with respect to any future events or transactions.

  • In the event that Holdings, the Company, the Borrowers and the Restricted Subsidiaries are not required to comply with the Suspension Covenants for any period of time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) the Ratings Condition is not satisfied, then Holdings, the Company, the Borrowers and the Restricted Subsidiaries will thereafter again be required to comply with the Suspension Covenants with respect to any future events or transactions.