Available Amount Condition definition

Available Amount Condition after giving effect to any usage of the Available Amount, on a pro forma basis, the Consolidated Leverage Ratio for the period of four (4) fiscal quarters most recently completed for which financial statements were required to have been delivered pursuant to Section 7.1 is less than or equal to 5.75:1.00.
Available Amount Condition means, after giving effect to any usage of the Available Amount, the Leverage Ratio, on a Pro Forma Basis, as of the last day of the period of four (4) fiscal quarters most recently completed for which financial statements were required to have been delivered pursuant to Section 5.1 shall be no greater than the Leverage Ratio as in effect on the Closing Date (as calculated, on a Pro Forma Basis for the transactions in connection with the borrowing of Loans on the Closing Date under the First Lien Term Loan Facility, as of the date of the then last ended fiscal quarter occurring prior to the Closing Date).
Available Amount Condition after giving effect to any usage of the Available Amount, the Total Leverage Ratio, on a Pro Forma Basis, as of the last day of the period of four (4) fiscal quarters most recently completed for which financial statements were required to have been delivered pursuant to Section 6.1 shall be no greater than the Total Leverage Ratio as in effect on the Closing Date (as calculated, on a Pro Forma Basis for the Transactions, as of the date of the then last ended fiscal quarter occurring prior to the Closing Date).

More Definitions of Available Amount Condition

Available Amount Condition after giving effect to any usage of the Available Amount, either (i) the Consolidated Leverage Ratio, on a pro forma basis, as of the last day of the period of four (4) fiscal quarters most recently completed for which financial statements were required to have been delivered pursuant to Section 6.1 is less than or equal to 4.50:1.00. or (ii) the Fixed Charge Coverage Ratio, on a pro forma basis, as of the last day of the period of four (4) fiscal quarters most recently completed for which financial statements were required to have been delivered pursuant to Section 6.1, is (A) greater than or equal to 2.00:1.00 or (B) no less than the Fixed Charge Coverage Ratio as of immediately prior to the transaction with respect to which such ratio is being measured.

Related to Available Amount Condition

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Available Amount Reference Period means, with respect to any Reference Date, the period (taken as one accounting period) commencing on April 1, 2008 and ending on the last day of the most recent fiscal quarter or fiscal year, as applicable, for which financial statements required to be delivered pursuant to Section 6.01(a) or Section 6.01(b), and the related Compliance Certificate required to be delivered pursuant to Section 6.02(a), have been delivered to the Administrative Agent.

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.