Total Unsecured Indebtedness Sample Clauses

Total Unsecured Indebtedness. The Borrower will not permit the ratio of Total Unsecured Outstanding Indebtedness to Total Unencumbered Value to exceed 0.60 to 1 as of the last day of any fiscal quarter of the Borrower.
Sample 1
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Total Unsecured Indebtedness. As of the last day of any fiscal quarter of the Borrowers, the Borrowers will not permit the ratio of Unsecured Indebtedness to Total EBITDA for Unencumbered Assets for the period of four (4) consecutive fiscal quarters ending on such date (the “Unencumbered Leverage Ratio”) to exceed: (a) 7.25 to 1.0 from the Closing Date through June 30, 2007 and (b) 6.25 to 1.0 thereafter; provided that for purposes of calculating the Unencumbered Leverage Ratio, the aggregate amount of Total EBITDA for Unencumbered Assets attributable to Unencumbered Assets that are not 100% owned by the Borrowers or a Subsidiary Guarantor that is 100% owned by a Borrower shall be limited to 10% of Total EBITDA for Unencumbered Assets unless the Person which owns such Unencumbered Asset provides a Subsidiary Guaranty.
Sample 1
Total Unsecured Indebtedness. Borrowers shall not permit, as of any date of determination, all Unsecured Indebtedness of the Companies, on a Consolidated Basis, to exceed the Borrowing Base as of such date of determination.
Sample 1
Total Unsecured Indebtedness. A. Total Unsecured Indebtedness at Statement Date: $
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Total Unsecured Indebtedness. Agreement Total Unsecured Indebtedness
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Related to Total Unsecured Indebtedness

  • Unsecured Indebtedness All Indebtedness of Borrower, of any Guarantor or of any of the other Related Companies to the extent not secured by a Lien on any Properties including, without limitation, the Outstanding Obligations and any Indebtedness evidenced by any bonds, debentures, notes or other debt securities presently outstanding or which may be hereafter issued by Borrower or by the Company. Unsecured Indebtedness shall not include accrued ordinary operating expenses payable on a current basis.

  • Secured Indebtedness The Borrower shall not permit the ratio of (i) Secured Indebtedness of the Borrower and its Subsidiaries to (ii) Total Asset Value to be greater than 0.40 to 1.00 at any time.

  • Total Indebtedness Create, incur, assume, or suffer to exist, or permit any Subsidiary of Borrower to create, incur or suffer to exist, any Indebtedness, except:

  • Funded Indebtedness 2 GAAP............................................................ 6

  • Recourse Indebtedness As of any date of determination, any Indebtedness (whether secured or unsecured) which is recourse to Parent Borrower or any of its Subsidiaries. Recourse Indebtedness shall not include Non-Recourse Indebtedness.

  • Consolidated Total Indebtedness All Indebtedness of Parent Borrower and its Subsidiaries determined on a consolidated basis and shall include (without duplication), such Person’s Equity Percentage of the Indebtedness of its Unconsolidated Affiliates.

  • Consolidated Senior Secured Leverage Ratio Permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.50 to 1.00.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

  • Investments; Indebtedness Virata shall not, and shall not permit ------------------------- any of its Subsidiaries to (i) make any loans, advances or capital contributions to, or investments in, any other Person, other than (A) loans or investments by Virata or a Subsidiary of Virata to or in Virata or any Subsidiary of Virata, (B) in the ordinary course of business consistent with past practice which are not, individually or in the aggregate, material to Virata and its Subsidiaries taken together as a whole (provided that none of such transactions referred to in this clause (B) presents a material risk of making it more difficult to obtain any approval or authorization required in connection with the Merger under Regulatory Law) or (ii) except in the ordinary course consistent with past practice, incur any indebtedness for borrowed money or guarantee any such indebtedness of another Person, issue or sell any debt securities or warrants or other rights to acquire any debt securities of Virata or any of its Subsidiaries, guarantee any debt securities of another Person, enter into any "keep well" or other agreement to maintain any financial statement condition of another Person (other than any wholly owned Subsidiary) or enter into any arrangement having the economic effect of any of the foregoing.

  • Funded Debt No Borrower Party will, or will permit any of its Subsidiaries to, create, assume, incur, or otherwise become or remain obligated in respect of, or permit to be outstanding, any Funded Debt except:

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