Default under Other Obligations. The Company or any Subsidiary defaults under any agreement or indenture pursuant to which the Company or any Subsidiary has borrowed more than $75,000,000 in principal amount (or has sold notes the aggregate principal amount of which exceeds $75,000,000) and such default has not been cured within any period of grace provided with respect thereto, provided, however, the Company may exclude from the operation of this Section 8.01(c) one or more Subsidiaries so long as the Company’s equity investment in such excluded Subsidiaries is less than 20% of the Company’s consolidated assets.
Appears in 3 contracts
Samples: Term Loan Agreement (Conagra Brands Inc.), Term Loan Agreement (Conagra Brands Inc.), Term Loan Agreement (Conagra Brands Inc.)
Default under Other Obligations. The Company or any Subsidiary defaults under any agreement or indenture pursuant to which the Company or any Subsidiary has borrowed more than $US$75,000,000 in principal amount (or has sold notes the aggregate principal amount of which exceeds $US$75,000,000) and such default has not been cured within any period of grace provided with respect thereto, provided, however, the Company may exclude from the operation of this Section 8.01(c) one or more Subsidiaries so long as the Company’s equity investment in such excluded Subsidiaries is less than 20% of the Company’s consolidated assets.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Conagra Brands Inc.), Revolving Credit Agreement (Conagra Brands Inc.)
Default under Other Obligations. The Company or any Subsidiary defaults under any agreement or indenture pursuant to which the Company or any Subsidiary has borrowed more than $75,000,000 100,000,000 in principal amount (or has sold notes the aggregate principal amount of which exceeds $75,000,000100,000,000) and such default has not been cured within any period of grace provided with respect thereto, provided, however, the Company may exclude from the operation of this Section 8.01(c) one or more Subsidiaries so long as the Company’s equity investment in such excluded Subsidiaries is less than 20% of the Company’s consolidated assets.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Conagra Brands Inc.), Term Loan Agreement (Conagra Brands Inc.)
Default under Other Obligations. The Company or any Subsidiary defaults under any agreement or indenture pursuant to which the Company or any Subsidiary has borrowed more than $75,000,000 100,000,000 in principal amount (or has sold notes the aggregate principal amount of which exceeds $75,000,000100,000,000) and such default has not been cured within any period of grace provided with respect thereto, provided, however, the Company may exclude from the operation of this Section 8.01(c) one or more Subsidiaries so long as the Company’s equity investment in such excluded Subsidiaries is less than 20% of the Company’s consolidated assets.
Appears in 1 contract
Default under Other Obligations. The Company or any Subsidiary defaults under any agreement or indenture pursuant to which the Company or any Subsidiary has borrowed more than $75,000,000 in principal amount 35,000,000 (or has sold notes the aggregate principal amount of which exceeds $75,000,00035,000,000) and such default has not been cured within any period of grace provided with respect thereto, provided, however, the Company may exclude from the operation of this Section 8.01(c) 7.1.3 one or more Subsidiaries so long as the Company’s 's equity investment in such excluded Subsidiaries is less than 20% of the Company’s 's consolidated assets.
Appears in 1 contract
Samples: Long Term Revolving Credit Agreement (Conagra Foods Inc /De/)
Default under Other Obligations. The Company or any Subsidiary defaults under any agreement or indenture pursuant to which the Company or any Subsidiary has borrowed more than $75,000,000 35,000,000 in principal amount (or has sold notes the aggregate principal amount of which exceeds $75,000,00035,000,000) and such default has not been cured within any period of grace provided with respect thereto, provided, however, the Company may exclude from the operation of this Section 8.01(c) 7.1.3 one or more Subsidiaries so long as the Company’s equity investment in such excluded Subsidiaries is less than 20% of the Company’s consolidated assets.
Appears in 1 contract
Samples: Revolving Credit Agreement (Conagra Foods Inc /De/)