Common use of Tortoise Notes Basic Maintenance Amount Clause in Contracts

Tortoise Notes Basic Maintenance Amount. So long as the Tortoise Notes are Outstanding and any Rating Agency is then rating the Tortoise Notes, the Issuer shall maintain, as of each Valuation Date, Eligible Assets having an aggregate Discounted Value equal to or greater than the Tortoise Notes Basic Maintenance Amount; provided, however, that Section 2.03(a)(ii) shall be the sole remedy in the event the Issuer fails to do so.

Appears in 9 contracts

Samples: Supplemental Indenture of Trust (Tortoise Energy Infrastructure Corp), Supplemental Indenture of Trust (Tortoise Energy Infrastructure Corp), Supplemental Indenture of Trust (Tortoise Energy Infrastructure Corp)

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