Restricted Intercompany Transactions Amount definition

Restricted Intercompany Transactions Amount means, with respect to all Restricted Intercompany Transactions, (a) no limitation with respect to the amount thereof at any time the Total Leverage Ratio is equal to or less than 3.00 to 1.00 (both before and after giving effect thereto on a Pro Forma Basis), and (b) an aggregate amount not to at any time exceed the U.S. Dollar Amount of U.S. $200,000,000 at any time the Total Leverage Ratio is greater than 3.00 to 1.00 (either before and after giving effect thereto on a Pro Forma Basis); provided, that (i) if a Restricted Intercompany Transaction was permitted because the Total Leverage Ratio was equal to or less than 3.00 to 1.00 (both before and after giving effect thereto on a Pro Forma Basis), but subsequent thereto, the Total Leverage Ratio exceeds 3.00 to 1.00, such Restricted Intercompany Transaction shall remain a permitted transaction under this definition and (ii) the availability of the U.S. $200,000,000 amount set forth in the foregoing clause (b) shall be reduced by the aggregate of all Restricted Intercompany Transactions consummated when the Total Leverage Ratio was equal to or less than 3.00 to 1.00 (both before and after giving effect thereto on a Pro Forma Basis); provided, further, that the aggregate amount of Restricted Intercompany Transactions at any time shall be determined net of the aggregate amount of all dividends, distributions and similar amounts received by the holder thereof in respect of any investment constituting a Restricted Intercompany Transaction, and by the amount of Net Proceeds received by such holder upon the sale of any such investment.
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Restricted Intercompany Transactions Amount means, in respect of Restricted Intercompany Transactions, (x) during the Covenant Relief Period, U.S. $0; and (y) subsequent to the Covenant Relief Period, an aggregate amount not to at any time exceed the U.S. Dollar Amount of U.S. $25,000,000; provided, that the aggregate amount of Restricted Intercompany Transactions at any time shall be determined net of the aggregate amount of all dividends, distributions and similar amounts received by the holder thereof in respect of any investment constituting a Restricted Intercompany Transaction, and by the amount of Net Proceeds received by such holder upon the sale of any such investment.
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Restricted Intercompany Transactions Amount means, with respect to all Restricted Intercompany Transactions, an aggregate amount not to at any time exceed the U.S. Dollar Amount of (i) U.S. $250,000,000 at any time the Total Leverage Ratio is less than 2.25 to 1.00, (ii) U.S. $150,000,000 at any time the Total Leverage Ratio is greater than or equal to 2.25 to 1.00 but less than 2.75 to 1.00, and (iii) U.S. $75,000,000 at any time the Total Leverage Ratio is equal to or greater than 2.75 to 1.00, in each case, as computed on a Pro Forma Basis as and when needed.
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Related to Restricted Intercompany Transactions Amount

  • Deferred Intercompany Transaction has the meaning set forth in Reg. Section 1.1502-13.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Restricted Payment Transaction means any Restricted Payment permitted pursuant to Section 409, any Permitted Payment, any Permitted Investment, or any transaction specifically excluded from the definition of the term “Restricted Payment” (including pursuant to the exception contained in clause (i) and the parenthetical exclusions contained in clauses (ii) and (iii) of such definition).

  • Equity Transaction means, with respect to any member of the Consolidated Group, any issuance or sale of shares of its Capital Stock, other than an issuance (a) to a member of the Consolidated Group, (b) in connection with a conversion of debt securities to equity, (c) in connection with the exercise by a present or former employee, officer or director under a stock incentive plan, stock option plan or other equity-based compensation plan or arrangement, or (d) in connection with any Acquisition permitted hereunder.

  • Company Transaction means the consummation of