Examples of Consolidated Priority Debt in a sentence
The Company will not at any time permit Consolidated Priority Debt to exceed 10% of Consolidated Total Assets.
For purposes of this definition, whenever pro forma effect is to be given to an Acquisition Transaction or disposition of assets, the amount of income, earnings or EBITDA relating thereto and the amount of Consolidated Priority Debt incurred in connection therewith, the pro forma calculations shall be determined in good faith by a responsible financial or accounting Officer of the Company.
The Company will not permit Consolidated Priority Debt at any time to exceed 1.5% of Consolidated Total Capitalization.
The Company will not permit, as of the end of each of its fiscal quarters, Consolidated Priority Debt to exceed 15% of Consolidated Total Assets.
The Company will not at any time permit Consolidated Priority Debt to exceed fifteen percent (15%) of Consolidated Total Capitalization.