Subsidiary Debt Limitation. The aggregate outstanding amount of Debt of Subsidiaries (exclusive of (i) Debt secured by a Lien permitted by clause (g) of Section 5.09, (ii) Debt owing to the Borrower or another Subsidiary and (iii) up to $85,000,000 of Debt consisting of obligations in respect of industrial revenue bonds) will at no time exceed $175,000,000.
Subsidiary Debt Limitation. 41 SECTION 5.09. Negative Pledge.................................................................41 SECTION 5.10. Consolidations, Mergers and Sales of Assets.....................................42 SECTION 5.11. Limitation on Affiliate Transactions............................................42
Subsidiary Debt Limitation. Total Debt of Consolidated Subsidiaries (excluding (i) Debt of a Subsidiary to Carlisle or to a Wholly-Owned Subsidiary and (ii) Debt arising in connection with Permitted Securitization Transactions) will at no time exceed 15% of Consolidated Net Worth.
Subsidiary Debt Limitation. The aggregate Debt of Subsidiaries, exclusive of (i) Debt under this Agreement and (ii) Debt owing to the Company or a Subsidiary, shall at no time exceed 20% of the Debt Limit.
Subsidiary Debt Limitation. 46 ARTICLE VII DEFAULTS --------
Subsidiary Debt Limitation. The Company will not permit any Subsidiary to create, assume, incur, guarantee or otherwise be liable in respect of any Indebtedness, except:
Subsidiary Debt Limitation. 58 SECTION 6.17.
Subsidiary Debt Limitation. The Borrower shall not permit any Material Subsidiary to create, incur, assume, permit to exist or otherwise become liable for an amount of Indebtedness (but excluding Permitted Indebtedness) which, in the aggregate, exceeds $200,000,000. 6.12
Subsidiary Debt Limitation. The aggregate Debt of Subsidiaries, including all Debt incurred by any Subsidiary in connection with the acquisition of any business (whether through merger, purchase of stock or purchase of assets) but excluding (i) Debt under this Agreement, (ii) Debt owing to the Company or a Subsidiary, (iii) Debt deemed incurred by a Subsidiary in connection with a Receivables Financing Transaction which is accounted for as a sale under GAAP and (iv) Debt owing under Synthetic Leases, shall at no time exceed $350,000,000.
Subsidiary Debt Limitation. Section 5.08 is amended to read as follows:
