Priority Indebtedness. The Company will not at any time permit the aggregate amount of all Priority Indebtedness to exceed 10% of Consolidated Net Worth (Consolidated Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).
Appears in 3 contracts
Sources: Private Shelf Agreement (Azz Inc), Note Purchase Agreement (Azz Inc), Note Purchase Agreement (Azz Inc)
Priority Indebtedness. The Company will not not, at any time time, permit the aggregate amount of all Priority Indebtedness to exceed 10the greater of (a) $150,000,000 or (b) 20% of Consolidated Net Worth (Consolidated Net Worth to be Worth, determined as of the end of the then most recently ended fiscal quarter of the Company)at such time.
Appears in 3 contracts
Sources: Multi Currency Note Purchase and Private Shelf Agreement, Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc), Amended and Restated Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not at any time permit the aggregate amount of all Priority Indebtedness to exceed 1020% of Consolidated Net Worth (Consolidated 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 (Azz Inc), Note Purchase Agreement (Molex Inc)
Priority Indebtedness. The Company will not not, at any time time, permit the aggregate amount of all Priority Indebtedness to exceed 10the greater of (a) $400,000,000 or (b) 15% of Consolidated Net Worth Total Assets determined at such time.β
(Consolidated Net Worth to be determined as of the end of the then most recently ended fiscal quarter of the Company).xx) Section 11.17
Appears in 1 contract
Sources: Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not not, at any time time, permit the aggregate amount of all Priority Indebtedness to exceed 10the greater of (a) $400,000,000 or (b) 15% of Consolidated Net Worth (Consolidated Net Worth to be Total Assets determined as of the end of the then most recently ended fiscal quarter of the Company)at such time.
Appears in 1 contract
Sources: Third Amended and Restated Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not not, at any time time, permit the aggregate amount of all Priority Indebtedness to exceed 10the greater of (a) $150,000,000300,000,000 or (b) 2015% of Consolidated Net Worth (Consolidated Net Worth to be WorthTotal Assets, determined as of the end of the then most recently ended fiscal quarter of the Company)at such time.
Appears in 1 contract
Sources: Multi Currency Note Purchase and Private Shelf Agreement (MSA Safety Inc)
Priority Indebtedness. The Company will not not, at any time time, permit the aggregate amount of all Priority Indebtedness to exceed 10the greater of
(i) $60,000,000 and (ii) 20% of Consolidated Net Worth (Consolidated Net Worth to be Worth, determined as of the end of the then most recently ended fiscal quarter of the Company)at such time.
Appears in 1 contract
Sources: Note Purchase Agreement (Mine Safety Appliances Co)