Limitation on Priority Debt. The Borrower shall not permit the outstanding principal amount of Priority Debt to exceed, in the aggregate, more than 10% of Consolidated Net Worth at any time.
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Samples: Credit Agreement (Outback Steakhouse Inc), Credit Agreement (Outback Steakhouse Inc), Credit Agreement (Woodward Governor Co)
Limitation on Priority Debt. The Borrower shall not permit the outstanding principal amount of Priority Debt (other than Excepted Priority Debt) to exceed, in the aggregate, more than 10% of Consolidated Net Worth at any time.
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Limitation on Priority Debt. The Borrower shall not permit the outstanding principal amount of Priority Debt to exceed, in the aggregate, more than 10% of Consolidated Tangible Net Worth at any time.
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Limitation on Priority Debt. The Borrower shall not permit the outstanding principal amount of Priority Debt to exceed, in the aggregate, more than 1015% of Consolidated Tangible Net Worth at any time.
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Samples: Credit Agreement (La-Z-Boy Inc)