Permit definition
Examples of Permit in a sentence
Permit the Consolidated Leverage Ratio at any time during any period of four fiscal quarters of the Borrower to be greater than 2.25:1.00.
The rights and benefits of each Company Permit will be available to the Surviving Corporation or its Subsidiaries, as applicable, immediately after the Effective Time on terms substantially identical to those enjoyed by the Company as of the date of this Agreement and immediately prior to the Effective Time.
Permit the aggregate value of assets held at (a) Italian Subsidiary to exceed Five Million Dollars ($5,000,000) at any time, and (b) the China-Based Subsidiaries to exceed One Million Five Hundred Thousand Dollars ($1,500,000) at any time.
Section 3.15(d) of the Company Disclosure Letter identifies each Company Regulatory Permit.
No Legal Proceeding is pending or, to the Knowledge of the Company, threatened, which seeks to revoke, substantially limit, suspend or materially modify any Company Permit.