Common use of Priority Debt Clause in Contracts

Priority Debt. Permit the aggregate amount of all Priority Debt at any one time outstanding to exceed twenty percent (20%) of Consolidated Net Worth.

Appears in 7 contracts

Samples: Credit Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc), Credit Agreement (Joy Global Inc)

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Priority Debt. Permit As of any fiscal quarter end, permit the aggregate amount of all Priority Debt at any one time outstanding to exceed twenty percent (20%) % of Consolidated Net Worth.

Appears in 5 contracts

Samples: 364 Day Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc), 364 Day Credit Agreement (Family Dollar Stores Inc)

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