LCT Test Date definition

LCT Test Date shall have the meaning provided in Section 1.03.

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LCT Test Date has the meaning assigned to such term in Section 1.10(a).

LCT Test Date as defined in Subsection 1.2(j).

Examples of LCT Test Date in a sentence

If the Borrower has exercised its option under this Section 1.07 and any Event of Default or Default occurs following the LCT Test Date and prior to the consummation of the applicable transaction, any such Event of Default or Default shall be deemed to not have occurred or be continuing for purposes of determining whether any action being taken in connection with such Limited Condition Transaction is permitted hereunder.
In connection with any action being taken in connection with a Limited Condition Transaction, for purposes of determining compliance with any provision of this Agreement which requires that no Event of Default or Default, as applicable, has occurred, is continuing or would result from any such action, as applicable, such condition shall, at the option of the Borrower, be deemed satisfied, so long as no Event of Default or Default, as applicable, exists on the LCT Test Date.

More Definitions of LCT Test Date

LCT Test Date means the date specified in the LCT Election; provided, that (a) with respect to any prepayment of Indebtedness, such date shall be the date of the irrevocable prepayment notice and (b) with respect to all other Limited Condition Transactions, such date shall be the date of the definitive agreements for such Limited Condition Transaction.

LCT Test Date means the date on which the definitive agreement for any such Limited Condition Transaction is entered into.

LCT Test Date has the meaning specified therefor in Section 1.9 of this Agreement.

LCT Test Date means the date on which the definitive agreement for an applicable Limited Condition Transaction is entered into.

LCT Test Date has the meaning assigned to such term in Section 1.7.

LCT Test Date has the meaning specified in Section 123.

LCT Test Date means the date specified in the LCT Election; provided that (a) with respect to any prepayment of Indebtedness or any Restricted Payment, such date shall be the date of the irrevocable prepayment notice and (b) with respect to all other Limited Condition Transactions, such date shall be the date of the definitive agreements for such Limited Condition Transaction.