Limitation on Priority Debt. The Obligors will not, at any time, permit Priority Debt to exceed 10% of Consolidated Total Assets (as determined at the end of the then most recently ended fiscal quarter of the Company).
Appears in 3 contracts
Samples: Note and Guarantee Agreement (Firstservice Corp), Note and Guarantee Agreement (Firstservice Corp), Note and Guarantee Agreement (Firstservice Corp)
Limitation on Priority Debt. The Obligors Company will not, at any time, permit Priority Debt to exceed 10% of Consolidated Total Assets (as determined at the end of the then most recently ended fiscal quarter of the Company)Assets.
Appears in 2 contracts
Samples: Note Purchase Agreement (Proquest Co), Note Purchase Agreement (Proquest Co)
Limitation on Priority Debt. The Obligors Company will not, at any time, permit Priority Debt to exceed 10% of Consolidated Total Tangible Assets (as determined at the end of the then most recently ended fiscal quarter of the Company).
Appears in 2 contracts
Samples: Note Purchase and Private Shelf Agreement (FirstService Corp), Note and Guarantee Agreement (FirstService Corp)
Limitation on Priority Debt. The Obligors Company will not, at any time, permit Priority Debt to exceed 1010 % of Consolidated Total Tangible Assets (as determined at the end of the then most recently ended fiscal quarter of the Company)) . 9.
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Limitation on Priority Debt. The Obligors will not, at any time, permit Priority Debt to exceed 10an amount equal to 20% of Consolidated Total Assets (Net Worth as determined at of the end of the then most recently ended fiscal quarter of the Company)UniFirst.
Appears in 1 contract
Limitation on Priority Debt. The Obligors will not, at any time, permit Priority Debt to exceed 10% of Consolidated Total Assets (as determined at the end of the then most recently ended fiscal quarter of the CompanyGuarantor).
Appears in 1 contract
