Limitation on Priority Debt. The Company will not permit, as of the end of any fiscal quarter of the Company, Priority Debt to exceed an amount equal to 20% of Consolidated Total Capitalization.
Appears in 2 contracts
Samples: Shelf Note Purchase Agreement (New Jersey Resources Corp), Shelf Note Purchase Agreement (New Jersey Resources Corp)
Limitation on Priority Debt. The Company will not permitnot, as at any time, permit the aggregate amount of the end of any fiscal quarter of the Company, all Priority Debt to exceed an amount equal to 2015% of Consolidated Total Capitalization, determined as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 1 contract
Limitation on Priority Debt. The Company will not permitnot, as of the end of at any fiscal quarter of the Companytime, permit Priority Debt to exceed an amount equal to 20% of Consolidated Total CapitalizationCapitalization as of the end of the then most recently ended fiscal quarter of the Company.
Appears in 1 contract
Samples: Note Purchase Agreement (New Jersey Resources Corp)
Limitation on Priority Debt. The Company will not permitnot, as at any time, permit the aggregate amount of the end of any fiscal quarter of the Company, all Priority Debt to exceed an amount equal to 2015% of Consolidated Total Capitalization, determined as of the end of the then most recently ended fiscal quarter of the Parent.
Appears in 1 contract
