Indebtedness of Restricted Subsidiaries that are not Loan Parties. provided that the aggregate outstanding principal amount of such Indebtedness shall not exceed the greater of $25,000,000 and 19% of Consolidated Adjusted EBITDA as of the last day of the most recently ended Test Period;
Appears in 3 contracts
Samples: First Lien Credit Agreement (Isos Acquisition Corp.), First Lien Credit Agreement (Isos Acquisition Corp.), First Lien Credit Agreement (Isos Acquisition Corp.)
Indebtedness of Restricted Subsidiaries that are not Loan Parties. provided that the aggregate outstanding principal amount of such Indebtedness incurred pursuant to this clause shall not exceed the greater of $25,000,000 40,000,000 and 1942% of Consolidated Adjusted EBITDA as of the last day of the most recently ended Test Period;
Appears in 2 contracts
Samples: First Lien Credit Agreement (Ranpak Holdings Corp.), First Lien Credit Agreement (Ranpak Holdings Corp.)
Indebtedness of Restricted Subsidiaries that are not Loan Parties. provided provided, that the aggregate outstanding principal amount of such Indebtedness shall not exceed the greater of (i) $25,000,000 98,618,500 and 19(ii) 50% of Consolidated Adjusted EBITDA as of the last day end of the most recently ended Test Period;
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