Common use of Maximum Debt Clause in Contracts

Maximum Debt. Not permit International’s Total Funded Indebtedness to exceed the following amounts at any time during the following periods: Total Funded Indebtedness Period $29,000,000 01/01/01 - 06/30/01 $27,000,000 07/01/01 - 09/30/01 $25,000,000 10/01/01 - 12/31/01 $25,000,000 01/01/02 - 03/31/02 $25,000,000 04/01/02 - 06/30/02 $25,000,000 07/01/02 - 09/30/02 $25,000,000 10/01/02 - 12/31/02 $27,000,000 01/01/03 - 03/31/03 $27,000,000 04/01/03 - 06/30/03 $27,000,000 07/01/03 - 09/30/03 $27,000,000 at any time thereafter

Appears in 2 contracts

Samples: Financing Agreement (Vari Lite International Inc), Financing Agreement (Vari Lite International Inc)

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Maximum Debt. Not permit International’s Total Funded Indebtedness to exceed the following amounts at any time during the following periods: Total Funded Indebtedness Period $$ 29,000,000 01/01/01 - 06/30/01 $$ 27,000,000 07/01/01 - 09/30/01 $$ 25,000,000 10/01/01 - 12/31/01 $$ 25,000,000 01/01/02 - 03/31/02 $$ 25,000,000 04/01/02 - 06/30/02 $$ 25,000,000 07/01/02 - 09/30/02 $$ 25,000,000 10/01/02 - 12/31/02 $$ 27,000,000 01/01/03 - 03/31/03 $$ 27,000,000 04/01/03 - 06/30/03 $$ 27,000,000 07/01/03 - 09/30/03 $$ 27,000,000 at any time thereafter

Appears in 2 contracts

Samples: Financing Agreement (Vari Lite International Inc), Financing Agreement (Vari Lite International Inc)

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Maximum Debt. Not permit International’s 's Total Funded Indebtedness to exceed the following amounts at any time during the following periods: Total Funded Indebtedness Period ------------------------- ------ $29,000,000 01/01/01 - 06/30/01 $27,000,000 07/01/01 - 09/30/01 $25,000,000 10/01/01 - 12/31/01 $25,000,000 01/01/02 - 03/31/02 $25,000,000 04/01/02 - 06/30/02 $25,000,000 07/01/02 - 09/30/02 $25,000,000 10/01/02 - 12/31/02 $27,000,000 01/01/03 - 03/31/03 $27,000,000 04/01/03 - 06/30/03 $27,000,000 07/01/03 - 09/30/03 $27,000,000 at any time thereafter

Appears in 1 contract

Samples: Financing Agreement (Vari Lite International Inc)

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