Priority Indebtedness. The Company will not, at any time, permit Priority Indebtedness to exceed the greater of (a) $150,000,000 or (b) 20% of Consolidated Net Worth, determined at such time.
Appears in 3 contracts
Samples: Multi Currency Note Purchase and Private Shelf Agreement, Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc), Amended and Restated Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not, at any time, not permit Priority Indebtedness on any date to exceed the greater of (a) $150,000,000 or 25,000,000 and (b) 205% of Consolidated Net Worth, determined at Total Assets on such timedate.
Appears in 2 contracts
Samples: Note Purchase Agreement (Artisan Partners Asset Management Inc.), Note Purchase Agreement (Artisan Partners Asset Management Inc.)
Priority Indebtedness. The Company will not, not at any time, time permit the aggregate amount of all Priority Indebtedness to exceed the greater of (a) $150,000,000 or (b) 20% of Consolidated Net Worth, Worth (Consolidated Net Worth to be determined at such timeas of the end of the then most recently ended fiscal quarter of the Company).
Appears in 2 contracts
Samples: Note Purchase Agreement (Azz Inc), Note Purchase Agreement (Molex Inc)
Priority Indebtedness. The Company will not, at any time, permit Priority Indebtedness to exceed the greater of (a) $150,000,000 400,000,000 or (b) 2015% of Consolidated Net Worth, Total Assets determined at such time.β
(xx) Section 11.17
Appears in 1 contract
Samples: Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not, at any time, permit Priority Indebtedness to exceed the greater of of
(ai) $150,000,000 or 60,000,000 and (bii) 20% of Consolidated Net Worth, determined at such time.
Appears in 1 contract
Samples: Note Purchase Agreement (Mine Safety Appliances Co)
Priority Indebtedness. The Company will not, at any time, permit Priority Indebtedness to exceed the greater of (a) $150,000,000 400,000,000 or (b) 2015% of Consolidated Net Worth, Total Assets determined at such time.
Appears in 1 contract
Samples: Third Amended and Restated Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not, at any time, permit Priority Indebtedness to exceed the greater of (a) $150,000,000 150,000,000300,000,000 or (b) 202015% of Consolidated Net WorthWorthTotal Assets, determined at such time.
Appears in 1 contract
Samples: Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)
