Priority Indebtedness. The Company will not permit Priority Indebtedness on any date to exceed the greater of (a) $50,000,000 and (b) 5% of Consolidated Total Assets on such date.
Appears in 3 contracts
Sources: Note Purchase Agreement (Artisan Partners Asset Management Inc.), Note Purchase Agreement (Artisan Partners Asset Management Inc.), Note Purchase Agreement (Artisan Partners Asset Management Inc.)
Priority Indebtedness. The Company will not permit Priority Indebtedness on any date to exceed the greater of (a) $50,000,000 25,000,000 and (b) 5% of Consolidated Total Assets on such date.
Appears in 2 contracts
Sources: Note Purchase Agreement (Artisan Partners Asset Management Inc.), Note Purchase Agreement (Artisan Partners Asset Management Inc.)