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 2520% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be determined as of the end of the Company’s then most recently ended completed fiscal quarter of the Company)quarter) at any time.
Appears in 7 contracts
Sources: Note Purchase Agreement (Caseys General Stores Inc), Note Purchase Agreement (Caseys General Stores Inc), Note Purchase Agreement (Caseys General Stores Inc)
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 Worth, determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 3 contracts
Sources: Note Purchase Agreement (Eagle Materials Inc), Note Purchase Agreement (Old Dominion Freight Line Inc/Va), Note Purchase Agreement (Old Dominion Freight Line Inc/Va)
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 2520% of Consolidated Adjusted Tangible Net Worth (Consolidated Adjusted Tangible Net Worth to be Worth, determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 1 contract
Sources: Uncommitted Master Shelf Agreement (Eagle Materials Inc)
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 Worth, determined as of the end of the then most recently ended fiscal quarter of the Company). Notwithstanding the foregoing, no Priority Debt shall consist of a Guaranty of the obligations under Bank Credit Agreement and no Lien securing Priority Debt shall secure the obligations under the Bank Credit Agreement.
Appears in 1 contract
Sources: Note Purchase Agreement (Old Dominion Freight Line Inc/Va)
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 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)
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 shall not at any time permit the aggregate amount of all Priority Debt to exceed 2510% 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