Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).
Appears in 14 contracts
Samples: Credit and Security Agreement (WestRock Co), Credit and Security Agreement (WestRock Co), Credit Agreement (WestRock Co)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)Amount.
Appears in 5 contracts
Samples: Credit and Security Agreement (Mohawk Industries Inc), Credit and Security Agreement (Mohawk Industries Inc), Credit and Security Agreement (Bell Microproducts Inc)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).
Appears in 4 contracts
Samples: Credit and Security Agreement (National Service Industries Inc), Credit and Security Agreement (Spherion Corp), Credit and Security Agreement (Rock-Tenn CO)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)Amount.
Appears in 4 contracts
Samples: Credit and Security Agreement (PPL Electric Utilities Corp), Credit and Security Agreement (Mohawk Industries Inc), Credit and Security Agreement (Boston Scientific Corp)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s Net Worth (as defined in the Receivables Sale and Contribution Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale and Contribution Agreement).
Appears in 4 contracts
Samples: Credit and Security Agreement (International Paper Co /New/), Credit and Security Agreement (International Paper Co /New/), Credit and Security Agreement (International Paper Co /New/)
Restricted Junior Payments. No Borrower will not make any Restricted Junior Payment if after giving effect thereto, such Borrower’s Net Worth (as defined in the applicable Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the applicable Receivables Sale Agreement).
Appears in 3 contracts
Samples: Credit and Security Agreement (Universal Health Services Inc), Credit and Security Agreement (Universal Health Services Inc), Credit and Security Agreement (Universal Health Services Inc)
Restricted Junior Payments. The Borrower will not make any Restricted Junior Payment if after giving effect thereto, the Borrower’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).
Appears in 2 contracts
Samples: Credit and Security Agreement (Zep Inc.), Credit and Security Agreement (Acuity Brands Inc)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).
Appears in 1 contract
Samples: Credit and Security Agreement (Boston Scientific Corp)
Restricted Junior Payments. Borrower will not make any -------------------------- Restricted Junior Payment if after giving effect thereto, Borrower’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)Amount.
Appears in 1 contract
Samples: Credit and Security Agreement (Mohawk Industries Inc)
Restricted Junior Payments. The Borrower will not make any Restricted Junior Payment if after giving effect thereto, the Borrower’s Consolidated Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement)amount required pursuant to Section 9.1(r) hereof.
Appears in 1 contract
Samples: Receivables Loan Agreement (Arkansas Best Corp /De/)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s 's Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement).
Appears in 1 contract
Samples: Credit and Security Agreement (Boston Scientific Corp)
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s 's Net Worth (as defined in the Second Step Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Second Step Receivables Sale Agreement).
Appears in 1 contract
Restricted Junior Payments. Neither Borrower will not make any Restricted Junior Payment if after giving effect thereto, such Borrower’s Net Worth (as defined in the Receivables Sale AgreementAgreement to which it is a party) would be less than the Required Capital Amount (as defined in the such Receivables Sale Agreement).
Appears in 1 contract
Restricted Junior Payments. Borrower will not make any Restricted Junior Payment if after giving effect thereto, Borrower’s 's Net Worth (as defined in the Receivables Sale Agreement[***]) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement[***]).
Appears in 1 contract
Samples: Credit and Security Agreement (International Paper Co /New/)
