Common use of Test Dates Clause in Contracts

Test Dates. Notwithstanding anything herein to the contrary, each of the Borrower and the Lenders acknowledge and agree that the Borrower's compliance with the financial covenants set forth in this subsection 7.6 shall be tested on a quarterly basis, commencing with the fiscal quarter ending September 30, 2004.

Appears in 1 contract

Sources: Credit Agreement (Directed Electronics, Inc.)

Test Dates. Notwithstanding anything herein to the contrary, each of the Borrower Loan Parties and the Lenders acknowledge and agree that the Borrower's Loan Parties' compliance with the financial covenants set forth in this subsection 7.6 shall be tested on a quarterly basis, commencing with the fiscal quarter ending September 30, 20042006.

Appears in 1 contract

Sources: Credit Agreement (Directed Electronics, Inc.)