Relevant Reference Period with respect to any action or determination under this Agreement, the Test Period then most recently ended for which financial statements have been delivered pursuant to Section 5.1(a) or 5.1(b) immediately preceding the date on which the action for which such calculation is being made shall occur or the determination is being made (or, prior to the first delivery of the financial statements pursuant to Section 5.1(a) or 5.1(b), the Test Period ended December 31, 2018).
Relevant Reference Period means in the case of any determination of (i) the Consolidated First Lien Leverage Ratio, (ii) the Consolidated Total Leverage Ratio, (iii) Consolidated Net Cash Interest Coverage Ratio, (iv) the Fixed Charge Coverage Ratio or (v) for purposes of calculating any financial ratio or test or compliance with any covenant determined by reference Consolidated EBITDA (and, in each case of clauses (i) through (v), any component definitions used therein), the Test Period then most recently ended for which internal financial statements are available immediately preceding the date on which the Specified Transaction for which such calculation is being made shall occur.
Relevant Reference Period means (i) in the case of any determination of Consolidated EBITDA (and any component definitions used therein) for purposes of computing the Consolidated Secured Debt Ratio as used in the definition of “Required Percentage”, the Excess Cash Flow Period then most recently ended, and (ii) in the case of any determination of (1) the Consolidated Coverage Ratio, (2) the Consolidated Secured Debt Ratio (other than as used in the definitions of “Required Percentage”) or (3) the Consolidated Total Leverage Ratio (and the component definitions used in any of the foregoing), the Test Period then most recently ended for which internal financial statements are available immediately preceding the date on which the Specified Transaction for which such calculation is being made shall occur.
Examples of Relevant Reference Period in a sentence
In the case of a Borrowing of Revolving Credit Loans or Swingline Loans, if the Financial Covenant is or would be in effect on such date after giving effect to such Borrowing, the Borrower shall be in Pro Forma Compliance with the Financial Covenant as of the last day of the Relevant Reference Period after giving effect to such extension of credit requested by the Borrower to be made on such date.
More Definitions of Relevant Reference Period
Relevant Reference Period with respect to a Pro Forma Transaction, the Test Period then most recently ended for which financial statements have been delivered pursuant to Section 6.1(a) or (b).
Relevant Reference Period means, with respect to a Computation Date, the period of four (4) consecutive fiscal quarters ending on such Computation Date.
Relevant Reference Period the Test Period then most recently ended for which internal financial statements are available immediately preceding the date on which the action for which such calculation is being made shall occur.
Relevant Reference Period means the 12-month period ending two months before an application can be submitted for any given quota year and the 12-month period immediately prior to that.
Relevant Reference Period means (i) in the case of any determination of EBITDA and, Consolidated Total Indebtedness and Unrestricted cash and Cash Equivalents (and any component definitions used therein) for purposes of computing (x) the Consolidated Secured Debt Ratio for the purposes of the definition of "Applicable Rate", the then most recently ended period for which financial statements have been delivered pursuant to Section 6.01(a) or (b), as applicable, and (y) the Consolidated Total Leverage Ratio for purposes of Section 2.05(b)(i) and the definition of “Required Percentage” of Excess Cash Flow, the Excess Cash Flow Period then most recently ended for which financial statements have been delivered pursuant to Section 6.01(a) and (ii) in the case of any determination of (1) the Fixed Charge Coverage Ratio, (2) the Fixed Charge Coverage Ratio Incurrence Test, (3) the Consolidated Secured Debt Ratio, or (4) the Consolidated Total Leverage Ratio (other than as used in the definition of “Required Percentage”), (and the component definitions used in any of the foregoing), the Test Period then most recently ended for which internal financial statements are available immediately preceding the date on which the Specified Transaction for which such calculation is being made shall occur.
Relevant Reference Period means (i) in the case of any determination of EBITDA and Consolidated Total Indebtedness (and any component definitions used therein) for purposes of computing the Consolidated Total Leverage Ratio as used in the definition of “Required Percentage”, the Excess Cash Flow Period then most recently ended, and (ii) in the case of any determination of (1) the Fixed Charge Coverage Ratio, (2) the Fixed Charge Coverage Ratio Incurrence Test, (3) the Consolidated Secured Debt Ratio, (4) the Consolidated Total Leverage Ratio (other than as used in the definition of “Required Percentage”), or (5) Pro Forma Compliance with the Applicable Consolidated Secured Debt Ratio for purposes of Sections 7.02(a)(ii), 7.02(b)(vi), 7.02(b)(vii) and 7.06(a)(iv) and the definitions of “Permitted Collateral Liens”, “Permitted Liens” and “Unrestricted Subsidiary” (and the component definitions used in any of the foregoing), the Test Period then most recently ended for which internal financial statements are available immediately preceding the date on which the Specified Transaction for which such calculation is being made shall occur.
Relevant Reference Period has the meaning provided in Condition 6(b)(v). “Relevant Stock Exchange” means: