Limitations on Indebtedness. The Guarantor will not, and will not permit any of its Subsidiaries to, directly or indirectly, issue, incur, assume or otherwise become liable for or in respect of any Funded Indebtedness unless, after giving effect thereto, the Funded Indebtedness of BREP, calculated on a consolidated basis, would not exceed 75% of Total Consolidated Capitalization.
Appears in 8 contracts
Sources: Guarantee (Brookfield Renewable Partners L.P.), Guarantee (Brookfield Renewable Corp), Guarantee (Brookfield Renewable Partners L.P.)
Limitations on Indebtedness. The Guarantor will not, and will not permit any of its Subsidiaries to, directly or indirectly, issue, incur, assume or otherwise become liable for or in respect of any Funded Indebtedness unless, after giving effect thereto, the Funded Indebtedness of BREPthe Guarantor, calculated on a consolidated basis, would not exceed 75% of Total Consolidated Capitalization.
Appears in 1 contract
Sources: Guarantee (Brookfield Renewable Energy Partners L.P.)
Limitations on Indebtedness. The Guarantor will not, and will not permit any of its Subsidiaries to, directly or indirectly, issue, incur, assume or otherwise become liable for or in respect of any Funded Indebtedness unless, after giving effect thereto, the Funded Indebtedness of BREPBIP, calculated on a consolidated basis, would not exceed 75% of Total Consolidated Capitalization.
Appears in 1 contract
Sources: Guarantee (Brookfield Infrastructure Partners L.P.)