Incurrence-Based Basket definition
Incurrence-Based Basket means any category (or subcategory) of exceptions, thresholds, baskets, or other provisions in this Agreement based on complying or subject to compliance (including on a Pro Forma Basis) with any financial ratio (including, without limitation any First Lien Leverage Ratio, any Secured Leverage Ratio, any Total Leverage Ratio, any Fixed Charge Coverage Ratio, any Net Interest Coverage Ratio and/or clause (a)(ii) (or sub-clause) of the definition of Incremental Cap).
Incurrence-Based Basket means any category (or subcategory) of exceptions, thresholds, baskets, or other provisions in this Agreement based on complying or subject to compliance (including on a Pro Forma Basis) with any financial ratio (including, without limitation any First Lien Leverage Ratio, any Secured Leverage Ratio, any Total Leverage Ratio, any Net Interest Coverage Ratio, the availability and funding of any Incremental Facility in the form of a delayed draw term loan facility and/or clause (c) (or sub-clause) of the definition of Incremental Cap).
Incurrence-Based Basket means, with respect to any covenant, any incurrence based exception, threshold or basket based on any applicable ratio or financial test.
More Definitions of Incurrence-Based Basket
Incurrence-Based Basket means any category of exceptions, thresholds, baskets, or other provisions in this Agreement based on complying (including on a pro forma basis) with any financial ratio or test.
Incurrence-Based Basket has the meaning set forth in Section 1.04(d).
Incurrence-Based Basket means any category of exceptions, thresholds, baskets, or other provisions in this Agreement based on complying (including on a Pro Forma Basis) with any financial ratio (including, without limitation, Section 10.10, any Consolidated Senior Secured Debt to Consolidated EBITDA Ratio, any Consolidated Total Debt to Consolidated EBITDA Ratio and/or clause (ii) of the definition of Maximum Incremental Facilities Amount).
Incurrence-Based Basket means any category (or subcategory) of exceptions, thresholds, baskets, or other provisions in this Agreement
Incurrence-Based Basket means any category of exceptions, thresholds, baskets, or other provisions in this Agreement based on complying (including on a Pro Forma Basis) with any financial ratio (including, without limitation, Section 10.10, any Consolidated Senior Secured Debt to Consolidated EBITDA Ratio, any Consolidated Total Debt to Consolidated EBITDA Ratio and/or clause (ii) of the definition of Maximum Incremental Facilities Amount).