Common use of Pro Forma Calculations Clause in Contracts

Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Leverage Ratio and the Senior Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.07; provided that when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable Percentage, (ii) any mandatory prepayment provision under Section 2.10(b) or (iii) actual compliance with the Financial Covenant, the events set forth in clause (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 5 contracts

Samples: Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp), Second Amendment (Science Applications International Corp)

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Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Net Senior Secured Leverage Ratio, the Total Net Leverage Ratio and the Senior Secured Leverage Interest Coverage Ratio shall be calculated in the manner prescribed by this Section 1.071.10; provided that that, notwithstanding anything to the contrary herein, when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable PercentageRate, (ii) any mandatory prepayment provision under Section 2.10(b) hereunder or (iii) actual compliance with the Financial CovenantSection 7.07, the events set forth in clause clauses (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Senior Secured Net Leverage Ratio, the Total Leverage Ratio and the Total Senior Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.071.08; provided provided, that when calculating any such ratio for notwithstanding anything to the purpose of (i) the definition of Applicable Margin or Applicable Percentage, (ii) any mandatory prepayment provision under Section 2.10(b) or (iii) actual compliance with the Financial Covenant, the events set forth contrary in clause clauses (b), (c) and or (d) below of this Section 1.08, when calculating the Senior Secured Net Leverage Ratio for purposes of the definition of “Applicable Rate” and Section 2.03(b)(i), the events described in this Section 1.08 that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 3 contracts

Samples: Credit Agreement (Chinos Holdings, Inc.), Credit Agreement (J Crew Group Inc), Credit Agreement (J Crew Group Inc)

Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Net Senior Secured Leverage Ratio, the Total Net Leverage Ratio and the Senior Secured Leverage Interest Coverage Ratio shall be calculated in the manner prescribed by this Section 1.071.05; provided that that, notwithstanding anything to the contrary herein, when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable Revolving Commitment Fee Percentage, (ii) any mandatory prepayment provision under Section 2.10(b) hereunder or (iii) actual compliance with the Financial CovenantSection 6.07, the events set forth in clause clauses (a), (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Gen Probe Inc)

Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Leverage Ratio and the Senior Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.07; provided that when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable Percentage, (ii) any mandatory prepayment provision under Section 2.10(b2.10(b)(iii) or (iii) actual compliance with the Financial Covenant, the events set forth in clause clauses (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 2 contracts

Samples: Credit Agreement (Leidos Holdings, Inc.), Credit Agreement (Leidos Holdings, Inc.)

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Pro Forma Calculations. (aii) Notwithstanding anything to the contrary herein, the Leverage Ratio and the Senior Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.07; provided that when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable Percentage, (ii) any mandatory prepayment provision under Section 2.10(b) or (iii) actual compliance with the Financial Covenant, the events set forth in clause (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 1 contract

Samples: Fourth Amendment (Science Applications International Corp)

Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Leverage Ratio and the Senior Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.07; provided that when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable PercentageMargin, (ii) any mandatory prepayment provision under Section 2.10(b2.10(b)(iii) or (iii) actual compliance with the Financial Covenant, the events set forth in clause clauses (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.. [[NYCORP:3664832v12::08/15/2017--08:07 PM]]

Appears in 1 contract

Samples: Credit Agreement (Leidos Holdings, Inc.)

Pro Forma Calculations. (a) Notwithstanding anything to the contrary herein, the Leverage Ratio and the Senior Secured Leverage Ratio shall be calculated in the manner prescribed by this Section 1.07; provided that when calculating any such ratio for the purpose of (i) the definition of Applicable Margin or Applicable PercentageMargin, (ii) any mandatory prepayment provision under Section 2.10(b2.10(b)(iii) or (iii) actual compliance with the Financial Covenant, the events set forth in clause clauses (b), (c) and (d) below that occurred subsequent to the end of the applicable Test Period shall not be given pro forma effect.

Appears in 1 contract

Samples: Credit Agreement (Leidos Holdings, Inc.)

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