RMR. Agent shall have received evidence that the Adjusted Total Debt as of the Closing Date does not exceed the sum of (i) 22 times the RMR for Security Monitoring Contracts which are owned by Borrowers on the Closing Date and (ii) 12 times the RMR for Central Station Contracts which are owned by Borrowers on the Closing Date.
Appears in 2 contracts
Sources: Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc)
RMR. Agent shall have received evidence that the Adjusted Total Debt as of the Closing Date does not exceed the sum of (i) 22 times the RMR for Security Monitoring Contracts which are owned by Borrowers on the Closing Date and (ii) 12 times the RMR for Central Station Contracts which are owned by Borrowers on the Closing Date.
Appears in 1 contract
Sources: Loan Agreement (Security Associates International Inc)