Examples of Contingent Indebtedness in a sentence
At all times, the ratio of (i) the sum of GAAP Indebtedness and Contingent Indebtedness to (ii) the Seller’s Consolidated Tangible Net Worth shall not be more than 8.0 to 1.0.
At all times, the ratio of (i) the sum of GAAP Indebtedness and Contingent Indebtedness to (ii) the Seller’s Consolidated Tangible Net Worth shall not be more than 10.0 to 1.0.
Such notification shall state the amount of its Indebtedness, how much is then due and owing, and how much is Contingent Indebtedness.
Each Lender with Contingent Indebtedness shall describe the status of such Indebtedness.
Borrower shall not, at any time, have outstanding Contingent Indebtedness in an amount exceeding the sum of (a) Six Million Dollars ($6,000,000) and (b) fifty percent (50%) of Borrower's consolidated cumulative net income between September 29, 1990 and the date of determination.