Common use of Senior Debt to Tangible Assets Clause in Contracts

Senior Debt to Tangible Assets. Not permit the ratio of (i) ------------------------------ Senior Debt to (ii) Tangible Assets to exceed 1.0 to 1.0 at any time.

Appears in 3 contracts

Samples: Term Loan Agreement (United Rentals Inc), Credit Agreement (United Rentals Inc), Term Loan Agreement (United Rentals North America Inc)

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Senior Debt to Tangible Assets. Not permit the ratio of ------------------------------ (i) ------------------------------ Senior Debt to (ii) Tangible Assets to exceed 1.0 to 1.0 at any time.

Appears in 1 contract

Samples: Security Agreement (United Rentals North America Inc)

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