Common use of Purchase Money Indebtedness Clause in Contracts

Purchase Money Indebtedness. Incurred to finance the acquisition by the Company or any Restricted Subsidiary of any fixed or capital assets in the ordinary course of business in an aggregate principal amount which, when taken together with all other Indebtedness Incurred pursuant to this clause (14) and then outstanding, does not exceed $10.0 million;

Appears in 7 contracts

Samples: Indenture (Cbre Holding Inc), Indenture (Koll Donald M), Indenture (Malek Frederic V)

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Purchase Money Indebtedness. Incurred to finance the acquisition by the Company or any a Restricted Subsidiary of any fixed or capital assets in the ordinary course of business in an business; provided, however, at the time of such Incurrence and after giving effect thereto, the aggregate principal amount which, when taken together with of all other Indebtedness Incurred pursuant to this clause (1411) and then outstanding, outstanding does not exceed $10.0 10 million;

Appears in 2 contracts

Samples: Indenture (Mediq Inc), Indenture (Mediq Inc)

Purchase Money Indebtedness. Incurred to finance the acquisition by the Company or any a Restricted Subsidiary of any fixed or capital assets in the ordinary course of business business, in an aggregate principal amount which, on the date of such Incurrence, when taken added together with all other the amount of Indebtedness previously Incurred pursuant to this clause (1411) and then outstandingoutstanding under this clause (11), does not exceed the greater of (A) $10.0 million100,000,000 and (B) 15.0% of Consolidated Net Tangible Assets at the time of Incurrence;

Appears in 1 contract

Samples: Indenture (U.S. Concrete, Inc.)

Purchase Money Indebtedness. Incurred to finance the acquisition by the Company Borrower or any a Restricted Subsidiary of any fixed or capital assets in the ordinary course of business business, and Refinancing Indebtedness in respect thereof, in an aggregate principal amount which, when taken added together with all other the amount of Indebtedness Incurred pursuant to this clause (1411) and then outstanding, does not exceed $10.0 million;

Appears in 1 contract

Samples: Bridge Loan Agreement (Symbol Technologies Inc)

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Purchase Money Indebtedness. Incurred to finance the acquisition by the Company or any a Restricted Subsidiary of any fixed or capital assets in the ordinary course of business business, in an aggregate principal amount which, on the date of such Incurrence, when taken added together with all other the amount of Indebtedness previously Incurred pursuant to this clause (1411) and then outstandingoutstanding under this clause (11), does not exceed the greater of $10.0 million40,000,000 and 12.0% of Consolidated Net Tangible Assets at the time of Incurrence;

Appears in 1 contract

Samples: Indenture (Us Concrete Inc)

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