Common use of Investments by the Borrower or any Restricted Subsidiary in the Borrower or any Restricted Subsidiary Clause in Contracts

Investments by the Borrower or any Restricted Subsidiary in the Borrower or any Restricted Subsidiary. provided that the aggregate amount of Investments of Loan Parties made in Non-Loan Parties pursuant to this Section 7.02(c) shall not at any time outstanding since the First Amendment Effective Date exceed the greater of (x) C$40,000,000 and (y) 1.2% of Consolidated Total Assets determined at the time of such Investment (calculated on a Pro Forma Basis);

Appears in 1 contract

Samples: Credit Agreement (GFL Environmental Holdings Inc.)

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Investments by the Borrower or any Restricted Subsidiary in the Borrower or any Restricted Subsidiary. provided that the aggregate amount of Investments of Loan Parties made in Non-Loan Parties pursuant to this Section 7.02(c) shall not at any time outstanding since the First Amendment Effective Date exceed the greater of (x) C$40,000,000 30,000,00040,000,000 and (y) 1.2% of Consolidated Total Assets determined at the time of such Investment (calculated on a Pro Forma Basis);

Appears in 1 contract

Samples: Assignment and Assumption (GFL Environmental Holdings Inc.)

Investments by the Borrower or any Restricted Subsidiary in the Borrower or any Restricted Subsidiary. provided that the aggregate amount of Investments of Loan Parties made in Non-Loan Parties pursuant to this Section 7.02(c) shall not at any time outstanding since the First Amendment Effective Date exceed the greater of (x) C$40,000,000 and (y) 1.2% of Consolidated Total Assets determined at the time of such Investment (calculated on a Pro Forma Basis);; 153

Appears in 1 contract

Samples: Term Loan Credit Agreement (GFL Environmental Inc.)

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Investments by the Borrower or any Restricted Subsidiary in the Borrower or any Restricted Subsidiary. provided that the aggregate amount of Investments of Loan Parties made in Non-Loan Parties pursuant to this Section 7.02(cclause (c) shall not at any time outstanding since the First Amendment Effective Date exceed the greater of (x) C$40,000,000 $125,000,000 and (y) 1.26.5% of Consolidated Total Tangible Assets determined at the time of such Investment (calculated on a Pro Forma Basis);

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

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