ICR Date definition
ICR Date means the earlier of the six-month anniversary of the Closing Date and the date the Outstanding Principal Amount first equals or exceeds $100,000,000.
Examples of ICR Date in a sentence
From and after the ICR Date, the Borrower will not permit the ratio of (i) EBITDA for the then most recently completed fiscal quarter of the Borrower to (ii) Interest Expense for such quarter to be less than 1.10 to 1.00.