Common use of Priority Indebtedness Clause in Contracts

Priority Indebtedness. The Company shall not permit the aggregate amount of all Priority Indebtedness at any time to exceed 15% of Consolidated Net Tangible Assets.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Amphenol Corp /De/), Credit Agreement (Amphenol Corp /De/), Credit Agreement (Amphenol Corp /De/)

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Priority Indebtedness. The Company shall will not permit the aggregate amount of all Priority Indebtedness at any time to exceed 1520% of Consolidated Net Tangible AssetsTotal Assets (Consolidated Total Assets to be determined as of the end of the most recently ended fiscal quarter).

Appears in 2 contracts

Samples: Note Purchase Agreement (Toro Co), Note Purchase Agreement (Toro Co)

Priority Indebtedness. The Company shall will not at any time permit the aggregate amount of all Priority Indebtedness at any time to exceed 15% of Consolidated Net Tangible AssetsAssets (Consolidated Net Tangible Assets to be determined as of the end of the then most recently ended fiscal quarter of the Company).

Appears in 1 contract

Samples: Note Purchase Agreement (DST Systems Inc)

Priority Indebtedness. The Company shall will not permit the aggregate amount of all Priority Indebtedness at any time Priority Indebtedness to exceed 1510% of Consolidated Net Tangible Total Assets.

Appears in 1 contract

Samples: Note Purchase Agreement (Bearingpoint Inc)

Priority Indebtedness. The Company shall will not at any time permit the aggregate amount of all Priority Indebtedness at any time to exceed 15% of Consolidated Net Tangible AssetsCapital (Consolidated Capital to be determined as of the end of the then most recently ended fiscal quarter of the Company).

Appears in 1 contract

Samples: Note Purchase Agreement (GFI Group Inc.)

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Priority Indebtedness. The Company shall will not permit the aggregate amount of all Priority Indebtedness at any time Priority Indebtedness to exceed 15% of Consolidated Net Tangible Total Assets.. Back to Contents

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Wolseley PLC)

Priority Indebtedness. The Company shall will not permit the aggregate amount of all Priority Indebtedness at any time Priority Indebtedness to exceed 15% of Consolidated Net Tangible Total Assets.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Wolseley PLC)

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