Common use of Long-Term Leases Clause in Contracts

Long-Term Leases. The Company will not, and will not permit any Subsidiary to, become obligated, as lessee under any Long-Term Lease unless, at the time of entering into such Long-Term Lease and after giving effect thereto, the average aggregate annual Rentals payable by the Company and its Subsidiaries on a consolidated basis during the term of such Long-Term Lease pursuant to Long-Term Leases will not exceed 10% of Consolidated Net Worth, determined as of the end of the Company's prior Fiscal Quarter.

Long-Term Leases. The Company will not, and will not permit any Restricted Subsidiary to, become obligated, as lessee under any Long-Term Lease unless, at the time of entering into such Long-Term Lease and after giving effect thereto, the average aggregate annual Rentals payable by the Company and its Restricted Subsidiaries on a consolidated basis during the term of such Long-Term Lease pursuant to Long-Term Leases will not exceed 10% 10 of Consolidated Tangible Net Worth, determined as of the end of the Company's prior Fiscal Quarterfiscal quarter.

Long-Term Leases. The Company Borrower will not, and will not permit any Subsidiary to, become obligated, obligated as lessee under any Long-Term Lease unless, at the time of entering into such Long-Term Lease and after giving effect thereto, the average aggregate annual Rentals payable by the Company Borrower and its Subsidiaries on a consolidated basis during the term of such Long-Term Lease pursuant to all Long-Term Leases will not exceed 10% of Consolidated Net Worth, determined as of the end of the CompanyBorrower's prior Fiscal Quarter.

Long-Term Leases. The Company will not, and will not permit any Restricted Subsidiary to, become obligated, as lessee under any Long-Term Lease unless, at the time of entering into such Long-Term Lease and after giving effect thereto, the average aggregate annual Rentals payable by the Company and its Restricted Subsidiaries on a consolidated basis during the term of such Long-Term Lease pursuant to Long-Term Leases will not exceed 10% of Consolidated Net Worth, determined as of the end of the Company's prior Fiscal Quarterfiscal quarter.