Common use of Run Rate Operating Expense Clause in Contracts

Run Rate Operating Expense. The Company shall not permit the Run Rate Operating Expense for any Test Period set forth below to be greater than the amount set forth opposite such period below: June 30, 2009 $ 121,000,000 September 30, 2009 $ 238,000,000 December 31, 2009 $ 347,000,000 March 31, 2010 $ 446,000,000 June 30, 2010 $ 416,000,000 September 30, 2010 $ 391,000,000 December 31, 2010 $ 373,000,000

Appears in 2 contracts

Sources: Bridge Loan Agreement (Capmark Financial Group Inc.), Credit Agreement (Capmark Financial Group Inc.)

Run Rate Operating Expense. The Company Borrower shall not permit the Run Rate Operating Expense for any Test Period set forth below to be greater than the amount set forth opposite such period below: June 30, 2009 $ 121,000,000 September 30, 2009 $ 238,000,000 December 31, 2009 $ 347,000,000 March 31, 2010 $ 446,000,000 June 30, 2010 $ 416,000,000 September 30, 2010 $ 391,000,000 December 31, 2010 $ 373,000,000

Appears in 1 contract

Sources: Term Facility Credit and Guaranty Agreement (Capmark Financial Group Inc.)