Incurrence Covenant. A covenant by any borrower to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower, including a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.
Incurrence Covenant means a covenant by any borrower to comply with one or more financial covenants (including without limitation any covenant relating to a borrowing base, asset valuation or similar asset-based requirement) only upon the occurrence of certain actions of the borrower, including a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.
Incurrence Covenant means a covenant by the borrower to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower including, but not limited to, a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.
Examples of Incurrence Covenant in a sentence
Incurrence Covenant: A covenant by any borrower to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower, including a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.
The Company shall violate the Tangible Net Worth Covenant or the Incurrence Covenant.
Incentive Collateral Management Fee A-7 11 Incurrence Covenant ...........................
Residents do not therefore consider either of these documents to be accurate or valid.
Adjusted EBITDA per Incurrence Covenant 931 830 Add back Oncor adjustments 332 336 EFH Corp.
More Definitions of Incurrence Covenant
Incurrence Covenant means a covenant by any Obligor to comply with one or more financial covenants only upon the occurrence of certain actions of the Obligor, including a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.
Incurrence Covenant. A covenant by the underlying Obligor under a loan to comply with one or more financial covenants only upon the occurrence of certain actions of the underlying Obligor or certain events relating to the underlying Obligor, including, but not limited to, a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture, unless, as of any date of determination, such action was taken or such event has occurred, in each case the effect of which causes such covenant to meet the criteria of a Maintenance Covenant.
Incurrence Covenant means a covenant by the borrower of a loan to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower or certain events relating to the borrower, including, but not limited to a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture, unless, as of any date of determination such action was taken or such event has occurred, in each case the effect of which causes such covenant to meet the criteria of a Maintenance Covenant;
Incurrence Covenant. A covenant by the underlying obligor under a loan to comply with one or more financial covenants only upon the occurrence of certain actions of the underlying obligor or certain events relating to the underlying obligor, including, but not limited to, a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture, unless, as of any date of determination, such action was taken or such event has occurred, in each case the effect of which causes such covenant to meet the criteria of a Maintenance Covenant.
Incurrence Covenant. A covenant by any Portfolio Asset Obligor to comply with one or more financial covenants only upon the occurrence of certain actions of such Portfolio Asset Obligor, including a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture.
Incurrence Covenant. As defined in Section 8.5(a).
Incurrence Covenant means a covenant by the borrower of a Senior Secured Loan or Second Lien Loan (including any Senior Secured Loan or Second Lien Loan that is the Reference Obligation or underlying loan of a Synthetic Security or a Participation Interest, respectively) to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower or certain events relating to the borrower, including, but not limited to, a debt issuance, dividend payment, share purchase, merger, acquisition or divestiture, unless, as of any date of determination, such action was taken or such event has occurred, the effect of which causes such covenant to meet the criteria of a Maintenance Covenant.