Lease Limits. Borrower will not and will not permit any of its Subsidiaries directly or indirectly to become or remain liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any operating lease (other than intercompany leases between Borrower and its Subsidiaries), if the aggregate amount of all rents paid by Borrower and its Subsidiaries under all such leases would exceed $3,000,000 in any fiscal year of Borrower.
Lease Limits. Borrower will not and will not permit any of its Restricted Subsidiaries directly or indirectly to become or remain liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any operating lease, synthetic lease or similar off-balance sheet financing, if the aggregate amount of all rents (or substantially equivalent payments) paid by Borrower and its Restricted Subsidiaries under all such leases would exceed $8,000,000 (or the equivalent thereof in another currency) in any fiscal year of Borrower.
Lease Limits. Holdings will not and will not permit any of its Subsidiaries directly or indirectly to become or remain liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any operating lease, synthetic lease or similar off-balance sheet financing with respect to equipment, if the aggregate amount of all rents (or substantially equivalent payments) paid by Holdings and its Subsidiaries under all such leases would exceed $1,000,000 in any Fiscal Year of Holdings.
Lease Limits. 33 Section 4.3 Minimum EBITDA.................................................................. 33 Section 4.4 Minimum Fixed Charge Coverage Ratio............................................. 33 Section 4.5 Minimum Interest Coverage Ratio................................................. 34 Section 4.6 Maximum Leverage Ratio.......................................................... 34 Section 4.7 Minimum Net Worth............................................................... 35 Section 4.8 Financial Statements and Other Reports.......................................... 35 Section 4.9 Accounting Terms; Utilization of GAAP for Purposes of Calculations Under Agreement............................................................. 39
Lease Limits. No Credit Party will become or remain liable in any way, whether by assignment, as a guarantor or other surety or otherwise, for the obligations of any lessee under any operating lease, synthetic lease or similar off-balance sheet financing, if the aggregate amount of all rents (or substantially equivalent payments) paid by the Credit Parties under all such leases would exceed $4,000,000 in any Fiscal Year.
Lease Limits. 26 4.3 EBIDAT................................................... 26 4.4
Lease Limits. No Loan Party or any of its Subsidiaries will, directly or indirectly, become or remain liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any operating lease, synthetic lease or similar off-balance sheet financing, if the aggregate amount of all rents (or substantially equivalent payments) paid by the Loan Parties and their Subsidiaries under all such leases would exceed US$11,000,000, or the Equivalent Amount thereof, in any fiscal year of Borrower. CONSENT AND FIRST AMENDMENT
Lease Limits. 85 Section 7.15. Total Leverage Ratio......................................85 Section 7.16. Senior Leverage Ratio.....................................85 Section 7.17.
Lease Limits. Holdings will not and will not permit any of its Subsidiaries directly or indirectly to become or remain liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any operating lease, synthetic lease or similar off balance sheet financing relating to Rental Fleet and Equipment, if the aggregate amount of all rents (or substantially equivalent payments) paid by Holdings and its Subsidiaries under all such leases would exceed $20,000,000 in any Fiscal Year of Parent Borrower. For purposes of this Section 3.17, “operating lease” shall mean an operating lease under GAAP as in effect on the Closing Date.
Lease Limits. Borrower will not and will not permit any of its Subsidiaries directly or indirectly to become or remain liable in any way, whether directly or by assignment or as a guarantor or other surety, for the obligations of the lessee under any operating lease, synthetic lease or similar off-balance sheet financing, if the aggregate amount of all rents (or substantially equivalent payments) paid by Borrower and its Subsidiaries under all such leases (excluding any lease providing for aggregate annual rental payments of less than $100,000) would exceed $22,000,000 in any fiscal year of Borrower.
