Financial Covenant

Example Definitions of "Financial Covenant"
Financial Covenant. Shall mean for any Test Period, the Consolidated Leverage Ratio of the Borrower and its Restricted Subsidiaries set forth below opposite the date which is the last day of the applicable Test Period.
Found in WEIGHT WATCHERS INTERNATIONAL INC contract
Financial Covenant. Means each of the Net Worth Covenant in Section 8(a), the Leverage Ratio in Section 8(b), the Debt Service Coverage Ratio in Section 8(c), and the Interest Coverage Ratio in Section 8(d)
Found in MMA Capital Holdings, Inc. contract
Financial Covenant. The Borrower will not permit the Leverage Ratio to exceed (a) as of the last day of the fiscal quarter during which the Neutron Acquisition Closing Date shall occur and each subsequent fiscal quarter ending after the Neutron Acquisition Closing Date and on or prior to September 30, 2018, 4.50 to 1.00, (b) as of the last day of the fiscal quarters ending on December 31, 2018, March 31, 2019, and June 30, 2019, 4.25 to 1.00, (c) as of the last day of the fiscal quarter ending September 30, 2019,... 4.00 to 1.00, or (d) as of the last day of any other fiscal quarter, 3.50 to 1.00. View More
Found in Pitney Bowes contract
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