Obligations of Subsidiaries. Permit the Subsidiaries to incur Indebtedness, except for Indebtedness which in the aggregate for all the Subsidiaries constitutes not more than 10% of Consolidated Stockholders' Equity at any time or Indebtedness to the Company incurred by the Subsidiaries in the ordinary course of business.
Appears in 2 contracts
Sources: Revolving Credit Facility Agreement (Tredegar Industries Inc), Revolving Credit Facility Agreement (Tredegar Industries Inc)