Examples of Covenant Relief Period Termination Date in a sentence
The Parent Guarantor and the Borrower shall not permit the Leverage Ratio to exceed (i) from and after the Covenant Relief Period Termination Date but prior to the Leverage Relief Period Termination Date, the ratio set forth beside the applicable test date in the table below, and (ii) from and after the Leverage Relief Period Termination Date, 7.00 to 1.00.
Observable head movement is mvch more limited, as determined by the principle (5), i.e., vltimately by reqvirements of interpretability at PT.
In respect of the earlier of (i) September 30, 2021 or (ii) the second test date following the Covenant Relief Period Termination Date Applicable calculations/results for the two (2) fiscal quarters ending on such test date (or if such test date does not occur as of the end of a fiscal quarter, the two (2) fiscal quarters most recently ended prior to such test date) multiplied by 2.
The Loan Parties will not permit the Net Leverage Ratio, determined as of the end of each fiscal quarter of Capri Holdings and its consolidated Subsidiaries ending on and after the Effectiveearlier of (i) the fiscal quarter ending June 26, 2021 and (ii) the Covenant Relief Period Termination Date, to be greater than 3.754.00 to 1.00.
In respect of the earlier of (i) December 31, 2021 or (ii) the third test date following the Covenant Relief Period Termination Date Applicable calculations/results for the three (3) fiscal quarters ending on such test date (or if such test date does not occur as of the end of a fiscal quarter, the three (3) fiscal quarters most recently ended prior to such test date) multiplied by 4/3.