Calculations. Notwithstanding the above, the parties hereto acknowledge and agree that all calculations of the financial covenants in [Section 7.11] (including for purposes of determining the Applicable Rate) shall be made on a Pro Forma Basis.
Calculations. Notwithstanding the above, the parties hereto acknowledge and agree that all calculations of the financial covenants in Section 7.11 (including for purposes of determining the Applicable Rate) shall be made on a Pro Forma Basis.
Calculations. Notwithstanding the above, the parties hereto acknowledge and agree that all calculations of the financial covenants in [Section 7.11] shall be made on a Pro Forma Basis with respect to any Specified Transaction.
Notwithstanding the above, the parties hereto acknowledge and agree that all calculations of the financial covenants in [Section 8.8], including for purposes of determining the Applicable Margin, shall be made on a Pro Forma Basis.
Calculation of Financial Covenants on a Pro Forma Basis. Notwithstanding the above, the parties hereto acknowledge and agree that all calculations of the financial covenants in Section 8.11 (including for purposes of determining the Applicable Rate) shall be made on a Pro Forma Basis with respect to # any Acquisition, Disposition or Recovery Event, # any Disposition of all of the Equity Interests of, or all or substantially all of the assets of, a Subsidiary and # any Disposition of a line of business or division of the Borrower or a Subsidiary, in each case occurring during the applicable period.
All calculations of the financial covenants in [Section 8.11] shall be made on a Pro Forma Basis.
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