Financing Covenants definition

Financing Covenants means the covenants and obligations of Parent in Section 5.16 of the Agreement and all other covenants and obligations of Parent in the Agreement that relate to any Debt Financing, regardless of whether such covenants and obligations refer specifically to such Debt Financing;
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Financing Covenants means the governing covenants of the financing agreements related to Toll-Backed Debt.
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Financing Covenants means the covenants and obligations of SoftBank in Section 5.13 of the Agreement and all other covenants and obligations of SoftBank in the Agreement that relate to the Debt Financing, regardless of whether such covenants and obligations refer specifically to the Debt Financing.
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Examples of Financing Covenants in a sentence

  • Financing Covenants of Purchaser and Sub...................................19 SECTION 5.05.

  • If Spectral meets the Minimum Financing Covenants and then fails to meet its financing covenants under the JVA, Spectral's ownership in the Mineral Properties will be reduced as provided for in the JVA, provided however that the $35,000,000 paid by Spectral as the Minimum Financing Covenant shall not count toward Spectral's account for purposes of determining an adjustment of interests under the JVA.

  • Affirmative, Negative and Financing Covenants Typical affirmative, negative and financial covenants (applicable to the Borrower and the Guarantors) for financing such as the Facility, in form and substance satisfactory to the Lender.

  • Once the Minimum Financing Covenants ("MFC") are met, Spectral is required to fund its portion as well as Gamma's portion of the financing and liabilities due to develop the Mineral Properties under the JVA.

  • Financing Covenants of Purchaser and Sub...................................20 SECTION 5.05.

  • Gamma is conveying a 47% undivided interest in the Mineral Properties to Spectral and receiving the Net Smelter Returns Royalty as defined below along with the Financing Covenants contained herein.

  • The purpose of the JVA is to provide a mechanism for administration of the Mineral Properties but it is also to design a mechanism whereby if Spectral shall not fulfill all of the Financing Covenants but shall fulfill the Minimum Financing Covenant, Spectral can maintain a diminished interest in the properties.

  • IAHC is conveying a 65% undivided interest in the Mineral Properties to EXT and receiving the Minimum Financing Covenants, the Warrants and the Net Smelter Royalty described herein in return.


More Definitions of Financing Covenants

Financing Covenants means the covenants and agreements of Parent or HoldCo herein to obtain the Financing (or alternative financing) or that otherwise relate to the Financing (or alternative financing), including Section 6.14, and, to the extent related to the Financing (or alternative financing), Section 6.04(a).
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