Permitted Senior Revolving Credit Requirement definition

Permitted Senior Revolving Credit Requirement means that, on any date of determination, the Term B Loans shall have been advanced pursuant to Section 2.01(b).
Permitted Senior Revolving Credit Requirement means that, on any date of determination, Consolidated Net Sales for the four fiscal quarter period most recently ended for which financial statements have been delivered by the Borrower pursuant to Section 7.01(a) or (b) were at least $115,000,000.