Common use of Priority Indebtedness Clause in Contracts

Priority Indebtedness. Incur any Priority Indebtedness at any time unless at the time of the incurrence thereof and after giving effect thereto, the aggregate amount of all Priority Indebtedness would not exceed 20% of Consolidated Net Worth, determined as of the end of the then most recently ended fiscal quarter of the Company.

Appears in 4 contracts

Samples: Credit Agreement (Teledyne Technologies Inc), Credit Agreement (Teledyne Technologies Inc), Term Loan Credit Agreement (Teledyne Technologies Inc)

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Priority Indebtedness. Incur any Priority Indebtedness at any time unless at the time of the incurrence thereof and after giving effect thereto, the aggregate amount of all Priority Indebtedness would not exceed 2015% of Consolidated Net Worth, determined as of the end of the then most recently ended fiscal quarter of the Company.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Teledyne Technologies Inc), Credit Agreement (Teledyne Technologies Inc)

Priority Indebtedness. Incur any Priority Indebtedness at any time unless at the time of the incurrence thereof and after giving effect thereto, the aggregate amount of all Priority Indebtedness would not exceed 2015% of Consolidated Net Worth, determined as of the end of the then most recently ended fiscal quarter of the CompanyBorrower.

Appears in 2 contracts

Samples: Credit Agreement (Teledyne Technologies Inc), Credit Agreement

Priority Indebtedness. Incur any Priority Indebtedness at any time unless at the time of the incurrence thereof and after giving effect thereto, the aggregate amount of all Priority Indebtedness would not exceed twenty percent (20% %) of Consolidated Net Worth, determined as of the end of the then most recently ended fiscal quarter of the Company.

Appears in 1 contract

Samples: Credit Agreement (Teledyne Technologies Inc)

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Priority Indebtedness. Incur any Priority Indebtedness at any time unless at the time of the incurrence thereof and after giving effect thereto, the aggregate amount of all Priority Indebtedness would not exceed 20% of Consolidated Net Worth, determined as of the end of the then most recently ended fiscal quarter of the CompanyBorrower.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Teledyne Technologies Inc)

Priority Indebtedness. Incur any Priority Indebtedness at any time unless at the time of the incurrence thereof and after giving effect thereto, the aggregate amount of all Priority Indebtedness would not exceed 2015% of Consolidated Net Worth, determined as of the end of the then most recently ended fiscal quarter of the Company.. #89182136v12

Appears in 1 contract

Samples: Credit Agreement (Teledyne Technologies Inc)

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