Common use of Indebtedness of Restricted Subsidiaries Clause in Contracts

Indebtedness of Restricted Subsidiaries. that are not Loan Parties; provided that the aggregate outstanding principal amount of such Indebtedness shall not exceed the greater of $50,000,000 and 15% of Consolidated Adjusted EBITDA as of the last day of the most recently ended Test Period;

Appears in 1 contract

Sources: Credit Agreement (Reynolds Group Holdings LTD)

Indebtedness of Restricted Subsidiaries. that are not Loan Parties; provided that the aggregate outstanding principal amount of such Indebtedness shall not exceed the greater of $50,000,000 200,000,000 and 1530% of Consolidated Adjusted EBITDA as of the last day of the most recently ended Test Period;

Appears in 1 contract

Sources: Credit Agreement (Reynolds Consumer Products Inc.)