Investment Basket definition
Examples of Investment Basket in a sentence
The amount of any Investment for purposes of this Section 6.07 (and the definition of Non-Guarantor Investment Basket Amount) shall be determined at the time of such Investment (in the case of an Investment made with consideration other than in cash, taking the Fair Market Value of the Property so invested) and shall not take account of any write-downs or write-offs thereof.
For the avoidance of doubt, without limitation, any amount re-allocated by the Borrower among the General Investment Basket, the General Restricted Payments Basket, the General Subordinated Payments Basket and/or the General Debt Basket may be subsequently re-allocated by the Borrower among such applicable Baskets in accordance therewith.
The amount of any Investment for purposes of this Section 7.8 (and the definition of Non-Guarantor Investment Basket Amount) shall be determined at the time of the respective such Investment (in the case of an Investment made with consideration other than in cash, taking the Fair Market Value of the Property so invested) and shall not take account of any write-downs or write-offs thereof.
If any Unrestricted Subsidiary is redesignated as a Restricted Subsidiary in accordance with the preceding paragraphs, then the amount of any investments in such Unrestricted Subsidiary made on or after the date such Person became a Subsidiary shall be credited against the Investment Basket (up to a maximum amount of 5% of Consolidated Tangible Assets) after giving pro forma effect to the use of proceeds of the Notes.
General Investment Basket Greater of $75.0M and 4.0% of Total Assets (Sections 8.7(u)) Same as existing facility $13.5M (no grower and no increase for returns on investments); provided that basket cannot be used to consummate any liability management transaction $10.0M cap shared with permitted business acquisition and investments in non-loan party baskets.