Financial Covenant definition

Financial Covenant means the covenant set forth in Section 7.09.

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Financial Covenant means the covenant of the Borrower set forth in Section 6.11.

Financial Covenant means the covenant set forth in Section 5.04.

Examples of Financial Covenant in a sentence

• The resulting increase to EBITDA from the exercise of the Cure Right shall not result in any adjustment to EBITDA or any other financial definition for any purposes under this Agreement or any Loan Document, other than for purposes of calculating the Financial Covenant.

• All Equity Cure Contributions shall be disregarded for all purposes of this Agreement (including determining any baskets conditioned upon meeting a leverage ratio contained herein and in the other Credit Documents); provided, that, any such Equity Cure Contributions shall be included in Consolidated EBITDA for the purpose of determining compliance with the Financial Covenant for the applicable Cure Quarter and each fiscal quarter thereafter in a Test Period that includes the Cure Quarter.

• There shall be no pro forma reduction in Indebtedness with the proceeds of the Equity Cure Contribution for purposes of determining compliance with the Financial Covenant for the purpose of determining any pricing, financial covenant based conditions or baskets with respect to the covenants contained in this Agreement, in each case, for the applicable Cure Quarter.

• The Parent and its Subsidiaries shall comply with the Financial Covenant; provided that, for the avoidance of doubt, the applicable grace period and cure rights in accordance with the terms thereof shall apply to such compliance.

• In no event shall the Cure Amount be greater than the amount required for purposes of complying with the Financial Covenant as set forth herein.

More Definitions of Financial Covenant

Financial Covenant has the meaning set forth in Section 7.07(b).

Financial Covenant the covenant set forth in Section 6.1.

Financial Covenant means any covenant or equivalent provision (including, without limitation, any default or event of default provision and definitions of defined terms used therein) requiring the Company:

Financial Covenant has the meaning assigned to such term in Section 6.13(a).

Financial Covenant means the covenant contained in Section 6.15 of this Agreement.

Financial Covenant has the meaning specified in Section 8.01(e).

Financial Covenant means the covenant set forth in Article VIII.