LCT Election definition
LCT Election has the meaning specified in Section 1.09(a).
LCT Election shall have the meaning provided in Section 1.03.
LCT Election as defined in Section 1.6(a).
Examples of LCT Election in a sentence
Upon making an LCT Election, the Borrower shall deliver a certificate of an Responsible Officer to the Administrative Agent demonstrating compliance on a Pro Forma Basis after giving effect to such Limited Condition Transaction on such LCT Test Date with any relevant ratios, tests or baskets.
More Definitions of LCT Election
LCT Election has the meaning given to such term in Section 1.2(c).
LCT Election means the Borrower’s election to test the permissibility of a Limited Condition Transaction in accordance with the methodology set forth in Section 1.06.
LCT Election as defined in Subsection 1.2(j).
LCT Election has the meaning specified in Section 1.13(a). “LCT Test Date” has the meaning specified in Section 1.13(a).
LCT Election shall have the meaning given to such term in Section 1(e)(ii).
LCT Election means Holdings’ election to exercise its right to designate any acquisition or similar Investment, or repayment, redemption of or offer to purchase of Indebtedness (in each case the consummation of which is not conditioned on the availability of, or on obtaining, third party financing) as a Limited Condition Transaction pursuant to the terms of this Agreement.
LCT Election means the Borrower’s election to treat a specified acquisition as a Limited Condition Transaction in accordance with Section 1.06.