Maximum Expenses. Permit Expenses of the Loan Parties, in each case, for the periods ending on any date set forth below to be greater than the amount set forth below for such period; provided, that such testing for all periods ending on and after September 30, 2023 shall be required only if an Event of Default is in existence or otherwise occurs during the time period commencing on August 31, 2023 and ending on September 30, 2023: May 1 through May 31, 2023 $3,250,000 May 1 through June 30, 2023 $6,250,000 May 1 through July 31, 2023 $9,200,000 May 1 through August 31, 2023 $12,200,000 May 1 through September 30, 2023 $15,250,000 May 1 through October 31, 2023 $18,200,000 May 1 through November 31, 2023 $21,200,000 May 1 through December 31, 2023 $24,250,000
Appears in 2 contracts
Sources: Forbearance Agreement and Ninth Amendment to Credit Agreement (Unifund Financial Technologies, Inc.), Credit Agreement (Unifund Financial Technologies, Inc.)
Maximum Expenses. Permit Expenses of the Loan Parties, in each case, for the periods ending on any date set forth below to be greater than the amount set forth below for such period; provided, that such testing for all periods ending on and after September 30, 2023 shall be required only if an Event of Default is in existence or otherwise occurs during the time period commencing on August 31, 2023 and ending on September 30, 2023: May 1 through May 31, 2023 $$ 3,250,000 May 1 through June 30, 2023 $$ 6,250,000 May 1 through July 31, 2023 $$ 9,200,000 May 1 through August 31, 2023 $$ 12,200,000 May 1 through September 30, 2023 $$ 15,250,000 May 1 through October 31, 2023 $$ 18,200,000 May 1 through November 31, 2023 $$ 21,200,000 May 1 through December 31, 2023 $$ 24,250,000
Appears in 1 contract
Sources: Credit Agreement (Unifund Financial Technologies, Inc.)