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FUN » Topics » The terms of our credit agreement could, under certain circumstances, impose limitations upon our activities.These excerpts taken from the FUN 10-K filed Mar 2, 2009. The terms of our credit agreement could, under certain circumstances, impose limitations upon our activities. The agreement governing our term debt and our revolving credit facilities includes covenants that under some circumstances could limit, among other things, our ability to: incur additional debt; pay distributions to our unitholders; create liens; make certain investments; consolidate or transfer assets; and enter into certain transactions with our affiliates. Our credit agreement also requires us to maintain specified financial ratios and satisfy certain other financial tests. A breach of any of these covenants for any reason, including a decline in operating results due to economic conditions, could result in an event of default under our credit agreement. If an event of default occurs and continues, our lenders could elect to cause our outstanding debt to become immediately due and payable, requiring it to be refinanced under market conditions at that time. The terms of our credit agreement could, under certain circumstances, impose limitations upon our activities. The agreement governing our term debt and our revolving credit facilities includes covenants that under some circumstances could limit, among other reason, including a decline in operating results due to economic conditions, could result in an event of default under our credit agreement. If an event of default occurs and continues, our lenders could elect to cause our outstanding debt to become immediately due and payable, requiring it to be refinanced under market conditions at that time. | EXCERPTS ON THIS PAGE:
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