Definition of Possible Financial Defaults

  1. Possible Financial Defaults means Borrowers' failure to comply with the minimum EBITDA covenant or Fixed Charge Coverage Ratio covenant in Section 6.5(a) and 6.5(b) of the Credit Agreement, for the fiscal quarters ended December 31, 2014, or March 31, 2015, which results in an Event of Default.

Definition of Possible Financial Defaults in Revolving Credit and Security Agreement

Possible Financial Defaults means Borrowers' failure to comply with the minimum EBITDA covenant or Fixed Charge Coverage Ratio covenant in Section 6.5(a) and 6.5(b) of the Credit Agreement, for the fiscal quarters ended December 31, 2014, or March 31, 2015, which results in an Event of Default.


Definition of Possible Financial Defaults in Term Loan and Security Agreement

Possible Financial Defaults means Borrowers' failure to comply with the Fixed Charge Coverage Ratio covenant or minimum EBITDA covenant in Section 6.5(b) and 6.5(c) of the Term Loan and Security Agreement, for the fiscal quarters ended December 31, 2014, or March 31, 2015, which results in an Event of Default.