provisions, if any, to be delivered to the Issuers, the Trustee and the Collateral Agent in writing) (or, if more restrictive, the Note Documents are amended to contain such more restrictive
terms to the extent required to satisfy the foregoing standard)) and (vi) at the time of such Refinancing, no Event of Default shall have occurred or be continuing.
Perpetual Care Trust means a trust fund or other reserve, trust, escrow or any similar arrangement established and administered by
a Note Party as required in accordance with applicable law for the purpose of receiving the aggregate of all amounts required by applicable law derived from the sale of interests in real property, or fixtures, including, without limitation,
mausoleums, niches, columbaria, urns, or crypts, used in connection with the final disposition, memorialization, interment, entombment, or inurnment of human remains and set aside in reserve, trust, escrow or any similar arrangement and
administering such amounts for the perpetual care and maintenance of cemetery lots, graves, grounds, landscaping, roads, paths, parking lots, fences, mausoleums, columbaria, vaults, crypts, utilities, and other improvements, structures and
embellishments.
person means any natural person, corporation, business trust, joint venture, association, company,
partnership, limited liability company or government, individual or family trusts, or any agency or political subdivision thereof.
PIK Interest means the interest on the Notes due in respect of the PIK Interest Portion on an Interest Payment Date, which is
paid, at the Issuers election, by increasing the amount of outstanding Notes or by issuing additional PIK Notes.
PIK Interest
Portion has the meaning assigned to such term in Principal, Maturity and Interest.
PIK Payment has
the meaning assigned to such term in Principal, Maturity and Interest.
Plan means any employee
benefit plan as defined in Section 3(3) of ERISA that is subject to Title IV of ERISA or Section 412 of the Code (other than a Multiemployer Plan) maintained or contributed to by the Partnership, any Subsidiary or any ERISA Affiliate
or to which the Partnership, any Subsidiary or any ERISA Affiliate has or may have an obligation to contribute, and each such plan for the six-year period immediately following the latest date on which the
Partnership, any Subsidiary or any ERISA Affiliate maintained, contributed to or had an obligation to contribute to (or is deemed under Section 4069 of ERISA to have maintained or contributed to or to have had an obligation to contribute to, or
otherwise to have liability with respect to) such plan.
Platform shall have the meaning assigned to such term in
Certain CovenantsFinancial Statements, Reports, etc.
Preferred Stock means any Equity Interest with
preferential right of payment of dividends or upon liquidation, dissolution, or winding up.
primary obligor has the meaning
assigned to such term in the definition of the term Guarantee.
Pro Forma Compliance means, at any date of
determination, that the Partnership and the Subsidiaries shall be in compliance, after giving pro forma effect to the relevant transactions, with the Financial Covenants, recomputed as at the last day of the most recently ended fiscal quarter of the
Partnership and the Subsidiaries for which the financial statements and certificates required pursuant toCertain CovenantsFinancial Statements, Reports, etc. have been delivered.
pro forma effect or pro forma basis means, as to any person, for any Specified Transaction that occurs subsequent to
the commencement of a period for which the financial effect of such Specified Transaction is being calculated, and giving effect to the Specified Transaction for which such calculation is being made as well
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