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Contract analysis / credit-agreement-second-revised-draft.docx
credit-agreement-second-revised-draft.docx
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ARTICLE I — DEFINITIONS AND ACCOUNTING TERMS
ARTICLE I — DEFINITIONS AND ACCOUNTING TERMS
Section 1.01 — Defined Terms
High
⚑ Penalty / liquidated damages
Section 1.01 — Defined Terms As used in this Agreement, the following terms shall have the meanings set forth below: "Adjusted EBITDA" means, for any period, Consolidated Net Income of the Borrower and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP, plus the following charges and expenses to the extent deducted in determining Consolidated Net Income for such pe
Section 1.02 — Other Interpretive Provisions
Section 1.02 — Other Interpretive Provisions For purposes of this Agreement, unless otherwise specified herein: (a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine, and neuter forms. The words "include," "includes," and "including" shall be deemed to be followed
Section 1.03 — Accounting Terms
Standard
⚑ Commercial term
Section 1.03 — Accounting Terms (a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time. (b) Notwithstanding anything to the
Section 1.04 — Rounding
Section 1.04 — Rounding Any financial ratios required to be maintained by the Borro