CNTA Limit definition

CNTA Limit means, as of any time of incurring any CNTA Covered Debt, 15% of Consolidated Net Tangible Assets at such time.
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CNTA Limit means, as of any time of incurring any CNTA Covered Debt, 15% of Consolidated Net Tangible Assets at such time. “Collateral” means all property and assets, whether now owned or hereafter acquired, in which Liens are, from time to time, purported to be
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CNTA Limit means, as of any time of incurring any CNTA Covered Indebtedness, 15% of Consolidated Net Tangible Assets at such time, it being understood and agreed that in no event shall any Bonds (or any other notes issued pursuant to a similar indenture or supplemental indenture or any other unsecured Indebtedness of the Company or any Subsidiary incurred under Section 6.12(k)) issued on or after the Fourth Amendment Effective Date, provide for the determination of a basket on secured Indebtedness (however calculated) more restrictive than that provided in the Bonds as of the Fourth Amendment Effective Date.
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Related to CNTA Limit

  • Upper Limit means a specified maximum amount of costs which may be claimed under a Unit of Work, but which may be extended on application. An Upper Limit operates in the same way as a Costs Limitation;

  • Bag limit means the maximum number of game animals, game

  • Maximum Limit means that number of issued Shares representing 10% of the total number of issued Shares as at the date of the passing of this Resolution (excluding any Shares which are held as treasury shares as at that date); and

  • Section 409A Limit means the lesser of two (2) times: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s employment is terminated.

  • Maximum Daily Limit means the maximum allowable "Daily Concentration" (defined above) when expressed as a concentration (e.g. mg/l), otherwise, it means the maximum allowable "Daily Quantity" as defined above, unless it is expressed as a flow quantity. If expressed as a flow quantity it means "Maximum Daily Flow" as defined in Section 22a-430-3(a) of the RCSA.