Modified ACNTA means, as of any date of determination, an amount equal to the Company’s Adjusted Consolidated Net Tangible Assets calculated as of a date not more than 30 days prior to the date of determination (the “calculation date”), on the following basis:
Modified ACNTA has the meaning set forth in the Second Lien Indenture as in effect on the date hereof, and any component definition used therein has the meaning set forth in the Second Lien Indenture as of the date hereof.
Modified ACNTA means, as of any date of determination, an amount equal to Adjusted Consolidated Net Tangible Assets calculated without giving effect to clause (a)(iv) of the definition thereof and calculated as of a date not more than 30 days prior to the date of determination (the “calculation date”), on the following basis:
Examples of Modified ACNTA in a sentence
These upfront fees will be paid by Distributor additionally in accordance with the terms of this Addendum.
The Borrower shall provide a certificate of a Responsible Officer to the Administrative Agent with the delivery of each Reserve Report certifying as to the Modified ACNTA and containing a copy of the calculation for such and certifying that the Borrower has not granted Liens to secure Debt in excess of the amount permitted under each Second Lien Indenture or in excess of the Priority Lien Cap (as such term is defined in each Second Lien Indenture).
More Definitions of Modified ACNTA
Modified ACNTA means, as of any date of determination, an amount equal to the Company’s ACNTA calculated as of a date not more than 30 days prior to the date of determination (the “calculation date”), on the following basis:
Modified ACNTA means “Adjusted Consolidated Net Tangible Assets” as defined in the Second Lien Indenture as in effect on the date hereof, and any component definition used therein has the meaning set forth in the Second Lien Indenture as of the date hereof.
Modified ACNTA has the meaning set forth in the Second Lien Indenture and the Third Lien Indenture as in effect on the date hereof, and any component definition used therein has the meaning set forth in the Second Lien Indenture and Third Lien Indenture as of the date hereof.
Modified ACNTA has the meaning assigned such term in the Senior Secured Indenture as in effect on the date hereof, and any component definition used therein has the meaning set forth in the Senior Secured Indenture as of the date hereof.
Modified ACNTA has the meaning provided to such term in the Second Lien Note Indenture as in effect on the date of this Agreement.
Modified ACNTA means, as of any date of determination, an amount equal to the Borrower’s Adjusted Consolidated Net Tangible Assets calculated as of a date not more than 30 days prior to the date of determination on the following basis: (a) in lieu of commodity pricing of future net revenues based on SEC guidelines, NYMEX Prices shall be used after giving effect to commodity derivatives contracts in effect as of the date of determination, as determined in good faith by the Borrower, and (b) such calculation shall be based on then current estimates of costs determined in good faith by the Borrower in light of prevailing market conditions.