Common use of Permitted Purchase Money Debt Clause in Contracts

Permitted Purchase Money Debt. Purchase Money Debt of the Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate amount of such Purchase Money Debt (taken together with amounts incurred under Section 9.2.1(i)) does not exceed at the time any such Debt is incurred the greater of $50,000,000 and 3.00% of Total Assets at the time such Purchase Money Debt is incurred.

Permitted Purchase Money Debt. Purchase Money Debt of the Borrowers Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount of such Purchase Money Debt (when taken together with amounts incurred such Debt permitted under Section 9.2.1(i)10.2.1(f) hereof) at any time outstanding does not exceed at the time any such Debt is incurred the greater of (x) $50,000,000 525,000,000 and 3.00(y) 14.6% of Consolidated Total Assets at the time such Purchase Money Debt is incurredAssets.