Matrix Applied definition
Matrix Applied means Matrix Applied Technologies, Inc., a Delaware corporation. “Matrix Delaware” means Matrix North American Construction, LLC, a Delaware limited liability company. “Matrix International Engineering” means Matrix International Engineering, LLP, a Delaware limited liability partnership. “Matrix North America” means Matrix North American Construction Ltd., an Ontario corporation. “Matrix Oklahoma” means Matrix North American Construction, Inc., an Oklahoma corporation. “Matrix PDM” means Matrix PDM, LLC, an Oklahoma limited liability company. “Matrix PDM Canada” means Matrix PDM Engineering LTD., a Nova Scotia company limited by shares. “Matrix PDM Engineering” means Matrix PDM Engineering, Inc., a Delaware corporation “Matrix Service” means Matrix Service Inc., an Oklahoma corporation. “Matrix Service International” means Matrix Service International, LLC, a Delaware limited liability company. “Matrix SME Canada” means Matrix SME Canada ULC, a Nova Scotia unlimited company. “Matrix SME Delaware” means Matrix SME Canada, Inc. a Delaware corporation. “Matrix ULC” means Matrix Service Canada ULC, an Alberta unlimited liability corporation. “Maturity Date” means September 9, 2026. “Maximum Borrowing Amount” means the lesser of (A) the Aggregate Revolving Credit Commitments minus the Line Reserves, if any and (B) the Borrowing Base. “Measurement Period” means, at any date of determination, the most recently completed trailing twelve month period of the Company and its Restricted Subsidiaries for which financial statements have or should have been delivered in accordance with Section 7.01(a) or 7.01(b). “Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or Deposit Account balances provided to reduce or eliminate Fronting Exposure during the existence of a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the Letter of Credit Issuer with respect to Letters of Credit issued and outstanding at such time plus 105% of the
Matrix Applied means Matrix Applied Technologies, Inc., a Delaware corporation.