Examples of Covenant Amendment Period in a sentence

During the Covenant Amendment Period the Credit Parties will not permit Liquidity of the Credit Parties as of any date set forth below to be less than the amount set forth in the table below opposite such date as demonstrated by the applicable Liquidity Certificate.
At all times during the Covenant Amendment Period, the Borrower shall have Available Liquidity of at least $50,000,000.
During the Covenant Amendment Period, the fixed dollar portion of the “Fixed Dollar Amount” definition shall decrease from $127.0 million to $102.0 million, and the use of certain restricted payments baskets will be reduced or eliminated entirely.
On August 9, 2022, the Company entered into a second amendment (the “Amendment”) to the First Lien Credit Agreement to provide for a “Covenant Amendment Period” (as defined therein) through and including the earlier of June 30, 2023 and the date on which the Company, in its sole discretion, delivers written notice to the Administrative Agent of the Company's election to end the Covenant Amendment Period.
During the Covenant Amendment Period, beginning on Monday March 11, 2022, and continuing on every other Monday thereafter, a rolling 13-week cash flow forecast of the Credit Parties and their Subsidiaries covering the 13-week period (beginning with the date of delivery of such forecast) in form and detail reasonably satisfactory to the Administrative Agent.
The Borrower may elect to end the Covenant Amendment Period at any time by delivering a written notice to the Administrative Agent so long as the Borrower can demonstrate at such time, on a pro forma basis, that the Borrower shall be in compliance with all of the covenants set forth in this Section 5.03 that are applicable after the termination of the Covenant Amendment Period.

Related to Covenant Amendment Period

Consent Period has the meaning specified in Section 2.10.
Agreement Period means the time period specified in Article IV, Paragraph A, herein.
First Amendment Date means February 21, 2019.
Third Amendment Date means June 23, 2020.
Second Amendment Date the date of effectiveness of the Second Amendment, dated July 15, 2016, by and among the Borrower, the other Loan Parties thereto, Holdings, the Lenders party thereto and the Administrative Agent.
Extension Agreement shall have the meaning provided in Section 2.15(c).
Fourth Amendment Date means the Amendment Date (as defined in the Fourth Amendment).
Restatement Agreement means the Restatement Agreement to the Existing Credit Agreement dated as of June 30, 2017 by and among each of the Loan Parties party thereto, the Administrative Agent and the Lenders party thereto.
Eleventh Amendment Effective Date has the meaning set forth in Section 4 of the Eleventh Amendment.
Waiver Period ’ means, for each applicable fee, the period of time from the initial effective date of the MIAX Emerald Fee Schedule until such time that the Exchange has an effective fee filing establishing the applicable fee. The Exchange will issue a Regulatory Circular announcing the establishment of an applicable fee that was subject to a Waiver Period at least fifteen (15) days prior
Eighth Amendment Effective Date shall have the meaning provided in the Eighth Amendment.
Covenant Period means the period of time from the date of this Agreement to the date that is two years after the Date of Termination.
Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.
Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.
Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.
Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.
First Amendment Effective Date has the meaning assigned to such term in the First Amendment.
Sixth Amendment Effective Date shall have the meaning provided in the Sixth Amendment.
Seventh Amendment Effective Date as defined in the Seventh Amendment.
First Amendment Closing Date has the meaning assigned to such term in the First Amendment.
Ninth Amendment Effective Date has the meaning set forth in Section 4 of the Ninth Amendment.
Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.
Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.
First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.
Third Amendment Effective Date shall have the meaning provided in the Third Amendment.
Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.

Covenant Amendment Period definition

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