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: Firstservice Corporation (Firstservice Corp), Note and Guarantee Agreement (Firstservice Corp), Firstservice Corporation (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: Proquest Co, 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 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
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
Samples: Unitech Services (Unifirst 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.
Appears in 1 contract
Limitation on Priority Debt. The Obligors Company will not, not at any time, 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 1 contract
