Financial Condition Covenants definition

Financial Condition Covenants means each of the covenants set forth in Section 3 of the Pricing Letter.

Financial Condition Covenants the covenants set forth in Section 7.1.

Financial Condition Covenants means the financial covenants set forth in Section 11(i) of the Guaranty.

Examples of Financial Condition Covenants in a sentence

• The 2013 Credit Agreement includes two Financial Condition Covenants, which if breached for any reason and not cured, could result in an event of default.

• As of September 25, 2016 , the Partnership was in compliance with these Financial Condition Covenants and all other covenants under the 2013 Credit Agreement.

• SECTION 7 NEGATIVE COVENANTS The Parent REIT and the Borrower hereby jointly and severally agree that, so long as any Commitments remain in effect or any Loan or other amount is owing to any Lender or any Agent hereunder, each of the Parent REIT and the Borrower shall not, and shall not permit any of its Subsidiaries to, directly or indirectly: 7.1 Financial Condition Covenants.

• The text of Section 6.14 hereby is amended and restated in its entirety to read as follows:Section 6.14 Financial Condition Covenants.

• Effective as of the Third Amendment Effective Date (as defined below), Section 7.1 of the Existing Credit Agreement is hereby amended and restated in its entirety as follows:7.1 Financial Condition Covenants.

More Definitions of Financial Condition Covenants

Financial Condition Covenants means the financial covenants of the Financial Reporting Party as set forth in Section 4 of the Pricing Letter.

Financial Condition Covenants shall have the meaning set forth in Section 8.5(a).

Financial Condition Covenants shall have the meaning specified in the Pricing Letter.

Financial Condition Covenants means each covenant set forth in Article 5.

Financial Condition Covenants means each of the covenants set forth in Section 3 of the Pricing Letter. “Financial Reporting Party” shall have the meaning specified in the Pricing Letter.

Financial Condition Covenants shall have the meaning specified in the Pricing Letter. “Financial Reporting Group” shall mean Seller and each of Seller’s Affiliates that constitute a single group for purposes of reporting Financial Statements. “Financial Statements” shall have the meaning set forth in Section 12(d) of this Agreement. “GAAP” meansshall mean generally accepted accounting principles as in effect from time to time in the United States of America.

Financial Condition Covenants shall have the meaning specified in the Pricing Letter. “Financial Reporting Group” shall mean Seller and each of Seller’s Affiliates that constitute a single group for purposes of reporting Financial Statements. “Financial Statements” shall have the meaning set forth in Section 12(d) of the Agreement. “GAAP” means generally accepted accounting principles as in effect from time to time in the United States of America. “Xxxxxx Xxx” shall mean the Government National Mortgage Association, or any successor thereto. “GLB Act” shall have the meaning set forth in Section 12(y) of the Agreement. “Governmental Authority” shall mean any nation or government, any state, county, municipality or other political subdivision thereof or any governmental body, agency, authority, department or commission (including, without limitation, any taxing authority) or any instrumentality or officer of any of the foregoing (including, without limitation, any court or tribunal) exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government and any corporation, partnership or other entity directly or indirectly owned by or controlled by the foregoing. “Guarantee” shall mean, as to any Person, any obligation of such Person directly or indirectly guaranteeing any Indebtedness of any other Person or in any manner providing for the payment of any Indebtedness of any other Person or otherwise protecting the holder of such Indebtedness against loss (whether by virtue of partnership arrangements, by agreement to keep-well, to purchase assets, goods, securities or services, or to take-or-pay or otherwise); provided that the term “Guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. The amount of any Guarantee of a Person shall be deemed to be an amount equal to the stated or determinable amount of the primary obligation in respect of which such Guarantee is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by such Person in good faith. The terms “Guarantee” and “Guaranteed” used as verbs shall have correlative meanings.