Permitted Securitization Transactions Sample Clauses
Permitted Securitization Transactions. (a) Permit the aggregate Attributable Indebtedness in respect of all Permitted Securitization Transactions of the Company, its Subsidiaries and all Permitted Securitization Entities to third parties to exceed the greater of (x) $450,000,000 and (y) 45% of Consolidated EBITDA for the Test Period most recently then ended at any time outstanding.
(b) Except in the case of a Permitted Securitization Entity, incur or become obligated with respect to any Indebtedness or other liabilities or obligations in connection with any Permitted Securitization Transaction other than Indebtedness or other liabilities or obligations (i) resulting from the transfer of any Securitization Assets in connection with a Permitted Securitization Transaction so long as such Indebtedness is non-recourse to the Company and any Subsidiary (other than the applicable Permitted Securitization Entity), except for Standard Securitization Undertakings and (ii) consisting of Standard Securitization Undertakings.
Permitted Securitization Transactions. Permitted Sales and Leasebacks;
Permitted Securitization Transactions. (a) Permit the aggregate Attributable Indebtedness in respect of all Permitted Securitization Transactions of the Company, its Subsidiaries and all Permitted Securitization Entities to third parties to exceed $350,000,000 at any time.
(b) Except in the case of a Permitted Securitization Entity, incur or become obligated with respect to any Indebtedness or other liabilities or obligations in connection with any Permitted Securitization Transaction other than Indebtedness or other liabilities or obligations (i) resulting from the transfer of any Securitization Assets in connection with a Permitted Securitization Transaction so long as such Indebtedness is non-recourse to the Company and any Subsidiary (other than the applicable Permitted Securitization Entity), except for Standard Securitization Undertakings and (ii) consisting of Standard Securitization Undertakings.
Permitted Securitization Transactions. Amend or modify any of the terms of any Permitted Securitization Transaction if such amendment or modification would add or change any terms in a manner materially adverse to the Borrower or any Subsidiary (it being understood that an increase of the amount of Indebtedness under any Permitted Securitization Transaction, to the extent such Indebtedness is permitted pursuant to Section 8.03(f), is not prohibited by this Section 8.16).
Permitted Securitization Transactions. The sum of the following items 1 and 2:
Permitted Securitization Transactions. Joint Venture Investments to the extent permitted pursuant to clause (9) of the definition of "Permitted Investment,"
Permitted Securitization Transactions. The sum of the following items 1 and 2:
1. if a Permitted Securitization Subsidiary is a party to such Permitted Securitization Transaction, the aggregate principal, stated or invested amount of outstanding loans made to the relevant Permitted Securitization Subsidiary under such Permitted Securitization Transaction; and
2. if a Permitted Securitization Entity is a party to such Permitted Securitization Transaction, the aggregate amount of cash consideration received as of the date of such sale or transfer by the Credit Parties and their Subsidiaries from the sale or transfer of Receivables during the applicable calendar month in which such sale or transfer took place under such Permitted Securitization Transaction;
Permitted Securitization Transactions. As of the date hereof, no Obligor is a party to a Permitted Securitization Transaction.
Permitted Securitization Transactions. (iii) sale and leaseback transactions completed by the Borrower, its Guarantors and Subsidiaries taken together, in an aggregate amount not exceeding Cdn. $15,000,000 (or its Equivalent Amount in another currency); and (iv) the disposition by MNL of the managed service contracts portion of its business for gross proceeds of approximately(pound)8.4 million.