Financial Performance Covenants definition

Financial Performance Covenants means the covenants of the Borrower set forth in Sections 6.10 and 6.11.
Sample 1Sample 2Sample 3
Financial Performance Covenants means the covenants of the Borrower set forth in Section 10.11.
Sample 1Sample 2Sample 3
Financial Performance Covenants means the covenants set forth in Sections 7.16(a) and 7.16(b).
Sample 1Sample 2Sample 3

Examples of Financial Performance Covenants in a sentence

  • With respect to any Borrowing of Term Loans after the Closing Date, the Borrower shall be in compliance on a Pro Forma Basis with the Financial Performance Covenants as of the last day of the last Fiscal Quarter for which Financial Statements have been delivered hereunder after giving effect to such Borrowing and the application of the proceeds therefrom.

  • Notwithstanding anything herein to the contrary, (a) in each four-fiscal-quarter period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (b) in each eight-fiscal-quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (c) the Cure Amount shall be no greater than the amount required for purposes of complying with the Financial Performance Covenants.

  • Notwithstanding anything herein to the contrary, (a) in each four fiscal-quarter period there shall be at least two consecutive fiscal quarters during which the Cure Right is not exercised and (b) the Cure Amount shall be no greater than the amount required for purposes of complying with the Financial Performance Covenants.

  • Notwithstanding anything herein to the contrary, (i) in each Test Period there shall be at least one fiscal quarter in which the Cure Right is not exercised, (ii) in each eight-fiscal quarter period, there shall be a period of at least four consecutive fiscal quarters during which the Cure Right is not exercised and (iii) the Cure Amount shall be no greater than the amount required for purposes of complying with the Financial Performance Covenants.

  • For the avoidance of doubt, no Cure Amounts shall be applied to reduce the Indebtedness of Holdings and its Restricted Subsidiaries on a Pro Forma Basis for purposes of determining compliance with the Financial Performance Covenants and there shall not have been a breach of any covenant under Article VI of this Agreement by reason of having no longer included such Cure Amount in any basket during the relevant period.


More Definitions of Financial Performance Covenants

Financial Performance Covenants means the covenants of Holdings set forth in Section 7.5.
Sample 1Sample 2Sample 3
Financial Performance Covenants means the covenants set forth in Section 9.14.
Sample 1Sample 2Sample 3
Financial Performance Covenants means the covenants set forth in Sections 6.10 and 6.11.
Sample 1Sample 2Sample 3
Financial Performance Covenants means the covenants of Holdings set forth in Section 7.4.
Sample 1Sample 2Sample 3
Financial Performance Covenants means the covenants of Company set forth in Section 6.6.
Sample 1Sample 2Sample 3
Financial Performance Covenants shall have the meaning provided in Section 12.
Sample 1Sample 2Sample 3
Financial Performance Covenants means, collectively the RCF Financial Performance Covenants and the TL Financial Performance Covenant.
Sample 1Sample 2Sample 3