Common use of Permitted Variance Clause in Contracts

Permitted Variance. The Loan Parties shall not permit (i) the Receipts Variance, (ii) the Disbursements Variance or (iii) Debtor Professional Variance, in each case, on an aggregate basis with respect to any Applicable Period, to exceed the Permitted Variance.

Appears in 1 contract

Sources: Senior Secured Super Priority Priming Debtor in Possession Term Loan Credit Agreement (Container Store Group, Inc.)

Permitted Variance. The Loan Parties shall not permit (i) the Receipts Variance, (ii) Variance or the Disbursements Variance or (iii) Debtor Professional Variance, in each case, on an aggregate basis with respect to any Applicable Period, Period to exceed the Permitted Variance.

Appears in 1 contract

Sources: Senior Secured Bridge Term Loan Agreement (Ayr Wellness Inc.)