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.
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
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.