Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 25% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 7 contracts
Sources: Note Purchase and Master Note Agreement (Stepan Co), Note Purchase Agreement, Note Purchase and Private Shelf Agreement (Stepan Co)
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 2520% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 7 contracts
Sources: Note Purchase Agreement (Kirby Corp), Note Purchase Agreement (Kirby Corp), Note Purchase Agreement (Dentsply International Inc /De/)
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 255.0% of Consolidated Adjusted Tangible Net Worth Assets (Consolidated Adjusted Tangible Net Worth Assets to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 2 contracts
Sources: Note Purchase Agreement (Global Water Resources, Inc.), Note Purchase Agreement (Global Water Resources, Inc.)
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 2515% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 2 contracts
Sources: Note Purchase Agreement (International Speedway Corp), Note Purchase Agreement (International Speedway Corp)
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 25% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).. STEPAN COMPANY NOTE PURCHASE AGREEMENT
Appears in 2 contracts
Sources: Note Purchase Agreement (Stepan Co), Note Purchase Agreement (Stepan Co)
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 25% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Section 1.2. Section 10.8 of the Note Purchase Agreement is hereby deleted in its entirety and replaced with the following:
Appears in 1 contract
Sources: Note Purchase Agreement
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 25% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).. -27- STEPAN COMPANY NOTE PURCHASE AGREEMENT
Appears in 1 contract
Sources: Note Purchase Agreement
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 255.0% of Consolidated Adjusted Tangible Net Worth Assets (Consolidated Adjusted Tangible Net Worth Assets to be determined as of the end of the then most recently ended fiscal quarter of the CompanyFiscal Quarter).
Appears in 1 contract
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 2530% of Consolidated Adjusted Tangible Net Worth Worth, (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 1 contract
Priority Debt. The Company will not not, at any time time, permit the aggregate amount of all Priority Debt to exceed an amount equal to 25% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 1 contract
Priority Debt. The Company will not not, at any time time, permit the aggregate amount of all Priority Debt to exceed 25an amount equal to 20% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 1 contract
Priority Debt. The Company will not at any time permit the aggregate amount of all Priority Debt to exceed 2520% of Consolidated Adjusted Tangible Net Worth Total Assets (Consolidated Adjusted Tangible Net Worth Total Assets to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 1 contract
Sources: Note Purchase Agreement (Parexel International Corp)