Debt of Foreign Subsidiaries. (and any Refinancing Debt in respect thereof) in an aggregate principal amount not to exceed the Dollar Equivalent the greater of $312,500,000 and 6.25% of Consolidated Tangible Assets of the Borrower and its Subsidiaries at any time outstanding,
Debt of Foreign Subsidiaries of the Borrower and Debt of non-Loan Parties in an aggregate outstanding principal amount not to exceed, at the time of incurrence thereof, together with any Permitted Refinancing thereof, the greater of (x) $205,000,000 and (y) 6.5% of the Consolidated Net Tangible Assets;
(i) unsecured Debt assumed in connection with a Permitted Acquisition in an unlimited amount subject to pro forma compliance, at the time of incurrence thereof, with Section 6.12 as of the last day of the most recently ended Measurement Period (and any Permitted Refinancing thereof), and (ii) subject to pro forma compliance, at the time of incurrence thereof, with Section 6.12 as of the last day of the most recently ended Measurement Period, secured Debt assumed in connection with a Permitted Acquisition in an outstanding principal amount not to exceed, at the time of assumption thereof, the greater of (A) $125,000,000 and (B) 4% of the Consolidated Net Tangible Assets (provided that, in the case of this clause (ii), the Lien securing such Debt does not extend to or cover any other assets or property (other than the proceeds or products thereof and after acquired property subject to a Lien pursuant to terms existing at the time of such acquisition, it being understood that such requirement shall not be permitted to apply to any property to which such requirement would not have applied but for such acquisition)) (and any Permitted Refinancing thereof); provided that, in each case of clauses (i) and (ii), such Debt was not incurred or issued in contemplation of or in connection with such Permitted Acquisition and was in existence on the date of such Permitted Acquisition;
Debt of Foreign Subsidiaries of the Borrower organized and operating in Canada or Mexico incurred after the Closing Date in an aggregate principal amount not to exceed $1,000,000 at any time outstanding.
Debt of Foreign Subsidiaries. Borrower shall not permit any Foreign Subsidiary to, directly or indirectly, create, incur, guarantee, assume, or suffer to exist any Debt or any direct, indirect, fixed, or contingent liability for any Debt other than (a) Debt payable to any Company, (b) Capital Leases of C.E.T., S.A. existing on Closing Date and any refinancings, renewals, or extensions thereof (without any increase in the principal amount thereof), and (c) in addition to the Debt permitted by CLAUSES (a) and (b) above, other Debt in an aggregate principal amount for all Foreign Subsidiaries not to exceed $25,000,000 at any time outstanding.
Debt of Foreign Subsidiaries owing to a Borrower if (i) as of the date of incurrence no Default or Event of Default shall have occurred and be continuing and each Borrower is, and after giving effect to such Debt will be, Solvent, (ii) all such Debt shall be evidenced by a promissory note, in form and substance satisfactory to the Lender, which is pledged to the Lender in accordance with the Pledge Agreement; and (iii) until payment in full of all Inventory Loans and reduction of the Inventory Sublimit to zero, the aggregate outstanding amount of such Debt owed by Foreign Subsidiaries shall not exceed the amount existing on the Closing Date at any time (except for Debt arising from the sale of Inventory in the ordinary course of business consistent with practices in effect on the Closing Date which Debt is paid within 60 days); (h) Capital Leases and purchase money Debt entered into after the date hereof; (i) Debt evidenced by the Real Estate Note; (j) unsecured Debt of Borrowers not to exceed $1,000,000 in the aggregate outstanding at any time; (k) unsecured Debt incurred to refinance the Inventory Loans in an aggregate principal amount not to exceed the amount refinanced; and (l) Debt of a newly acquired Subsidiary existing at the time of acquisition, and not incurred in anticipation of such acquisition.
Debt of Foreign Subsidiaries of the Borrower (A) outstanding on the Closing Date and disclosed on Part B of Schedule 7.01 (without giving effect to any subsequent extension, renewal or refinancing thereof) or (B) incurred on or after the Closing Date to finance working capital requirements in an aggregate principal Dollar Amount which, when taken together with the then outstanding principal amount of all Debt referred to in clause (A) of this subparagraph (xiv) does not exceed the sum of (y) the aggregate principal Dollar Amount of the Debt disclosed on Part B of Schedule 7.01 outstanding on the Closing Date plus (z) $10,000,000;
Debt of Foreign Subsidiaries of the Borrower (other than Debt owing to the Parent or any Subsidiary of the Parent), and (without duplication) Guarantees by the Parent thereof (1) in an aggregate amount not to exceed $15,000,000 at any time outstanding, and (2) other such Debt in an aggregate amount which, together with Investments in Foreign Subsidiaries permitted under SECTION 5.16(vi)(x) and (y), does not exceed $40,000,000; provided, however, that immediately after giving effect to the creation, assumption or incurrence of any Debt permitted by this paragraph (j), no Default or Event of Default shall have occurred and be continuing; facility;
Debt of Foreign Subsidiaries. Permit any Foreign Subsidiary to create, incur, assume or suffer to exist, any Debt, other than (i) Debt that is non-recourse to the Borrower and its Subsidiaries and (ii) Debt owed to the Borrower or any of its Subsidiaries so long as such Debt is evidenced by a promissory note in form and substance satisfactory to the Administrative Agent, which note shall be pledged under the terms of the Collateral Documents to the Administrative Agent, on behalf of the Secured Parties.
Debt of Foreign Subsidiaries. Guaranteed by Borrower; and
Debt of Foreign Subsidiaries owing to third parties in an aggregate outstanding principal amount (together with the aggregate outstanding principal amount of all other Debt of Foreign Subsidiaries permitted under this subsection (b)) not in excess of $750,000,000 at any time outstanding; (vii) Debt constituting purchase money debt and Capitalized Lease obligations (not otherwise included in subclause (iii) above and including any such Debt or Capitalized Lease obligations assumed in connection with a Permitted Acquisition); provided that, at the time of incurrence of such Debt and after giving pro forma effect thereto, the aggregate amount of such Debt shall not exceed in the aggregate 7.5% of Consolidated Net Tangible Assets; (viii) (x) Debt in respect of Hedge Agreements entered into in the ordinary course of business to protect against fluctuations in interest rates, foreign exchange rates and commodity prices and (y) Debt arising under the Credit Card Program, provided that Hedge Agreements and Credit Card Programs subject to Liens permitted under Section 5.02(a)(vi)(x) shall not exceed $75,000,000 at any time outstanding; (ix) indebtedness which may be deemed to exist pursuant to any surety bonds, appeal bonds or similar obligations incurred in connection with any judgment not constituting an Event of Default; (x) indebtedness in respect of netting services, customary overdraft protections and otherwise in connection with deposit accounts in the ordinary course of business; (xi) payables owing to suppliers in connection with the Tooling Program, (xii) Debt representing deferred compensation to employees of the Borrower or any other Loan Party incurred in the ordinary course of business; (xiii) Debt incurred by the Borrower or any of its Subsidiaries in a Permitted Acquisition, any other Investment expressly permitted hereunder or any Disposition, in each case limited to indemnification obligations or obligations in respect of purchase price, including Earn-Out Obligations or similar adjustments; (xiv) Debt consisting of the financing of insurance premiums in the ordinary course of business; (xv) Debt supported by a Letter of Credit in a principal amount not to exceed the face amount of such Letter of Credit; (xvi) Subordinated Debt of the Loan Parties in an aggregate principal amount not to exceed $250,000,000 at any time outstanding; (xvii) secured Debt not otherwise permitted hereunder in an aggregate outstanding principal amount of $1,000,000,000; (xviii) Debt incurred in conn...
