Secured Leverage Calculation Date definition

Secured Leverage Calculation Date has the meaning set forth in the definition of “Secured Indebtedness Leverage Ratio.”
Sample 1Sample 2Sample 3
Secured Leverage Calculation Date shall have the meaning assigned to such term in the definition of “Secured Indebtedness Leverage Ratio.”
Sample 1Sample 2
Secured Leverage Calculation Date has the meaning assigned to such term in the definition of “Secured Indebtedness Leverage Ratio.”
Sample 1

Examples of Secured Leverage Calculation Date in a sentence

  • If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Consolidated Secured Leverage Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness if such Hedging Obligations has a remaining term in excess of 12 months).

  • If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Consolidated Secured Leverage Calculation Date had been the applicable rate for the entire reference period (taking into account any Hedging Obligations applicable to such Indebtedness).

Related to Secured Leverage Calculation Date

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.