Common use of Test Period Clause in Contracts

Test Period. In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by ss.8.5.1 with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is available, and (b) in connection with the calculation of the covenants set forth in ss.9 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit Agreement (National Auto Finance Co Inc)

Test Period. In connection with the calculation of financial covenant ----------- compliance on a Pro Forma Basis as required by ss.8.5.1 (S)10.3(i) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is availableAcquisition, and (b) in connection with the calculation of the financial covenants set forth in ss.9 (S)11 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Test Period. In connection with the calculation of financial covenant ----------- compliance on a Pro Forma Basis as required by ss.8.5.1 (S)9.3(k) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is availableAcquisition, and (b) in connection with the calculation of the financial covenants set forth in ss.9 (S)10 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit Agreement (Genesee & Wyoming Inc)

Test Period. In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by ss.8.5.1 ss.11.5(c)(v) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is available, and (b) in connection with the calculation of the covenants set forth in ss.9 ss.ss.11.11, 12.1, 12.2 and 12.3 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Perkins Family Restaurants Lp)

Test Period. In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by ss.8.5.1 in connection with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is availableAcquisition, and (b) in connection with the calculation of the financial covenants set forth in ss.9 ss.11 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit Agreement (Digitas Inc)

Test Period. (a) In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by ss.8.5.1 Section 11.5.1(b)(v) with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is available, and (b) in connection with the calculation of the covenants set forth in ss.9 Section 12 hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Russell-Stanley Holdings Inc)

Test Period. In connection with the calculation of financial covenant compliance on a Pro Forma Basis as required by ss.8.5.1 in connection with respect to any proposed Permitted Acquisition, the period of four fiscal quarters most recently ended prior to such Permitted Acquisition for which financial information is availableAcquisition, and (b) in connection with the calculation of the financial covenants set forth in ss.9 ▇▇▇▇▇ ▇▇ §▇▇ hereof following any Permitted Acquisition, the period of all fiscal quarters (and any portion of a fiscal quarter) prior to the date of such Permitted Acquisition included in the calculation of such financial covenant.

Appears in 1 contract

Sources: Revolving Credit Agreement (Digitas Inc)