Priority Indebtedness. The Borrower shall not at any time permit the aggregate outstanding amount of Priority Indebtedness to exceed 15% of Consolidated Tangible Assets.
Appears in 4 contracts
Samples: Credit Agreement (Republic Services, Inc.), Credit Agreement (Republic Services, Inc.), Credit Agreement (Republic Services, Inc.)
Priority Indebtedness. The Borrower shall will not permit Priority Indebtedness at any time permit the aggregate outstanding amount of Priority Indebtedness to exceed 1525% of Consolidated Tangible AssetsNet Worth.
Appears in 1 contract
Priority Indebtedness. The Borrower shall not at any time permit the aggregate outstanding amount of Priority Indebtedness to exceed 1510% of Consolidated Tangible AssetsAdjusted Net Worth.
Appears in 1 contract
Samples: Credit Agreement (Assurant Inc)