Specified Defaults

Specified Defaults. As used herein shall mean the failure to comply with Section 7.1(m)(ii) of the Credit Agreement on or prior to March 3, 2011 and the failure to comply with Section 7.1(m)(iii) of the Credit Agreement on or prior to March 10, 2011.

Specified Defaults. Sections 7.18, 7.19 and 7.20 of the Loan Agreement only

Specified Defaults. Shall mean the failure on the part of the Credit Parties to comply with the following covenants during or as of the end of the periods described below: (i) the Restricted Payment covenant in Section 6.15 of the Credit Agreement during the Fiscal Months ended December 31, 1999, January 31, 2000, February 28, 2000, March 31, 2000, April 30, 2000 and May 31, 2000, (ii) the employee and officer loan covenant in Section 6.2(iii) of the Credit Agreement during the Fiscal Months ended December 31,... 1999, January 31, 2000, February 28, 2000, March 31, 2000, April 30, 2000 and May 31, 2000, (iii) the minimum Tangible Net Worth covenant in part (b) of Schedule 6.11 to the Credit Agreement as of the end of the Fiscal Quarters ended December 31, 1999 and March 31, 2000, (iv) the minimum Fixed Charge Coverage Ratio in part (c) of Schedule 6.11 to the Credit Agreement for the Fiscal Months ended December 31, 1999, January 31, 2000, February 28, 2000, March 31, 2000, April 30, 2000 and May 31, 2000, (v) the maximum Capital Expenditure covenant in part (f) of Schedule 6.11 for the Credit Agreement for the Fiscal Year ended March 31, 2000, and (vi) the minimum Current Ratio in part (d) of Schedule 6.11 to the Credit Agreement for the Fiscal Quarter ended March 31, 2000. View More

Specified Defaults. Means the Defaults and Events of Default set forth on Schedule 1 attached hereto.

Specified Defaults. Shall mean each of the following events of default under the Loan Documents: (1) failure of the Credit Parties to comply with Sections 11.1, 11.3, 11.4 and 11.6 of the Credit Agreement for periods ending prior to or during the Forbearance Period, and (2) any other default, event of default, Default or Event of Default existing as of the Effective Date, but only to the extent arising out of events, circumstances or omissions occurring or existing prior to the Effective Date (including, without... limitation, under Section 14.1(p) of the Credit Agreement). View More

Specified Defaults. Means the following Defaults and/or Events of Default under the Loan Agreements: (i) Borrower's breach of Section 8.2 of the Series B Note; (ii) Borrower's breach of Sections 8.1, 8.2 and 8.8 (by reason of Borrower's violation of the covenant in Section 7.10(vi) of the April 2008 LSA) of the April 2008 LSA; and (iii) Borrower's breach of Section 4(a)(vi) of the Series B Note.

Specified Defaults. Is defined in the third recital.