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
The Borrower may, at its option (x) update the LCT Test Date, solely for purposes of testing availability under any basket or the calculation of any financial ratio or test hereunder, to the last date of a later Test Period and/or (y) terminate an LCT Election.
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 means the Borrower’s election to treat a specified Investment in the nature of an acquisition (including a Permitted Acquisition) or a specified prepayment, redemption, purchase, defeasance or satisfaction of Indebtedness as a Limited Condition Transaction by giving written notice of such election to the Administrative Agent at any time prior to the closing of such Limited Condition Transaction.
LCT Election has the meaning assigned to such term in Section 1.05(b).
LCT Election means the Borrower’s election to treat a specified acquisition as a Limited Condition Transaction in accordance with Section 1.06.