Capital Lease Obligations. The Borrower will not create, incur, assume or suffer to exist, or permit any Credit Party to create, incur, assume or suffer to exist, any Capital Lease Obligations, whether directly or as a guarantor, if, after giving effect thereto, the aggregate amount of all payments required to be made by the Parent, the Borrower and the other Credit Parties on a consolidated basis pursuant to such Capital Lease Obligations would exceed Cdn.$1,000,000 in any Fiscal Year.
Appears in 4 contracts
Samples: Tranche B Credit Agreement (Microcell Telecommunications Inc), Tranche a Exit Facility Agreement (Microcell Telecommunications Inc), Exit Facility Agreement (Microcell Telecommunications Inc)
Capital Lease Obligations. The Borrower will not create, incur, assume or suffer to exist, or permit any Credit Party to create, incur, assume or suffer to exist, any Capital Lease Obligations, whether directly or as a guarantor, if, after giving effect thereto, the aggregate amount of all payments required to be made by the Parent, the Borrower and the other Credit Parties on a consolidated basis pursuant to such Capital Lease Obligations would exceed Cdn.$1,000,000 Cdn.$10,000,000 in any Fiscal Year.
Appears in 1 contract
Samples: Credit Agreement (Microcell Telecommunications Inc)
