Prospective Financial Covenant Defaults

Prospective Financial Covenant Defaults. Shall mean, collectively, (A) the Events of Default (if any) arising under Section 8.01(c) of the Loan Agreement that occur as a result of the failure of Borrowers and Guarantors to comply with the financial covenants set forth in Section 6.03 of the Loan Agreement (Total Leverage Ratio; Consolidated Last Twelve Months EBITDA; Fixed Charge Coverage Ratio) and (B) the Event of Default (if any) arising under Section 8.01(e) of the Loan Agreement as a result of the defaults that occurred under the... Senior Convertible Notes pursuant to the failure to comply with the financial covenants set forth in Section 14(l) of the Senior Convertible Notes, in each case for the respective periods ending on March 31, 2007. View More