Covenant Computation Period means the 4 consecutive fiscal quarters immediately preceding and ending on a Covenant Compliance Date.
Covenant Computation Period means the twelve (12) consecutive calendar months immediately preceding and ending on a Covenant Computation Date.
Covenant Computation Period means the 12 consecutive calendar months immediately preceding and ending on a Covenant Compliance Date.
Examples of Covenant Computation Period in a sentence
Company has therefore requested that Purchasers waive compliance with the Additional Defaulted Covenants for the Covenant Computation Period ending December 31, 2004.
The Minister, if he intended to could quite easily have used the word “Board” instead of “province”.’ [17] I respectfully disagree with the learned judge’s interpretation.
Some scholars believe that this is clause is the content of what is being proclaimed, but the content of the proclamation has already been revealed in verse 17—peace (Hoehner, Ephesians, 388).
More Definitions of Covenant Computation Period
Covenant Computation Period means the EBITDA Covenant Computation Period when determining compliance with Section 9.6, the Net Cash Flow Computation Period when determining compliance with Section 9.7, and the Leverage Coverage Computation Period when determining compliance with Section 10.14.
Covenant Computation Period means the four consecutive calendar quarters immediately preceding and ending on a Covenant Compliance Date. “Credit Rating Agency” means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments. “CRM” means Cargill Risk Management, a division of Xxxxxxx, Xxxxxxxxxxxx, or any Affiliate thereof. “Debt Service Coverage Ratio” means, with respect to the Consolidated Group, for the applicable Covenant Computation Period, the ratio of (a) Consolidated Adjusted EBITDA during such period, to (b) the sum of (without duplication) (i) all scheduled principal payments on all Indebtedness for borrowed money (other than any such Indebtedness described in clause (j) of the definition thereof) due during such period or on demand, (ii) all interest paid in cash during such period, and (iii) all rental payments under leases of real or personal property, (including, for the avoidance of doubt, all rental payments under the STORE Lease Agreement), regardless of whether such leases are characterized as operating leases or finance (or capital) leases, all determined in accordance with GAAP on a consolidated basis. “Debt Service Reserve Account” means a deposit account established by the Company with a financial institution acceptable to the Lender and containing such minimum funds as required under Section 5.17. “Debtor Relief Laws” means the Bankruptcy Code of the United States of America and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default. “Default Rate” means, as of any date of determination, the following: (a) for each Term Loan, the Applicable Interest Rate plus 3.00% per annum; and (b) for all other Obligations, the Applicable Interest Rate plus 3.00%.
Covenant Computation Period means the four consecutive calendar quarters immediately preceding and ending on a Covenant Compliance Date. “Credit Rating Agency” means a nationally recognized credit rating agency that evaluates the financial condition of issuers of debt instruments and then assigns a rating that reflects its assessment of the issuer’s ability to make debt payments. “CRM” means Cargill Risk Management, a division of Xxxxxxx, Xxxxxxxxxxxx, or any Affiliate thereof. “Debt Service Coverage Ratio” means, with respect to the Consolidated Group, for the applicable Covenant Computation Period, the ratio of (a) Consolidated Adjusted EBITDA during such period, to (b) the sum of (without duplication) (i) all scheduled principal payments on all Indebtedness for borrowed money (other than any such Indebtedness described in clause (j) of the definition thereof) due during such period or on demand, (ii) all interest paid in cash during such period, and (iii) all rental payments under leases of real or personal property, (including, for the avoidance of doubt, all rental payments under the STORE Lease Agreement), regardless of whether such leases are characterized as operating leases or finance (or capital) leases, all determined in accordance with GAAP on a consolidated basis.
Covenant Computation Period means the four (4) consecutive calendar quarters ending with the calendar quarter in which a Covenant Computation Date occurs.
Covenant Computation Period means the four (4) consecutive Fiscal Quarters of the G&K Group immediately preceding and ending on a Covenant Computation Date; PROVIDED, HOWEVER, that with respect to the Covenant Computation Dates September 27, 1997, December 27, 1997 and March 28, 1998, (a) for purposes of computing the Leverage Ratio used in determining Level I Status, Level II Status, Level III Status, Level IV Status and Level V Status, the procedures set forth in SECTION 4.3(b) shall apply, (b) for purposes of computing the Debt Service Coverage Ratio (SECTION 7.9) and minimum EBITDA (SECTION 7.8), the applicable Covenant Computation Period shall commence on June 28, 1997 and shall end on such Covenant Computation Date, without annualization, and (c) for purposes of computing the maximum Leverage Ratio under SECTION 7.11, the applicable Covenant Computation Period shall commence on June 28,1997 and shall end on such Covenant Computation Date, and shall be annualized based on such period.
Covenant Computation Period means, for any Covenant Calculation Date, the fiscal year-to-date period ending on such Covenant Calculation Date.
Covenant Computation Period means the 4 consecutive fiscal quarters immediately preceding and ending on a Covenant Compliance