CNTA Basket definition
CNTA Basket means the basket under the “Restrictions on Secured Debt” covenant in the 2017 Indenture for CNTA Covered Indebtedness, in an aggregate amount for all CNTA Covered Indebtedness not to exceed the CNTA Limit.
CNTA Basket means, at any time, the greater of (i) 10% of Consolidated Net Tangible Assets as of the Designated Date and (ii) any larger amount of obligations permitted to be incurred and secured by the Borrower and its Subsidiaries pursuant to the Existing Senior Notes Indenture without the requirement to equally and ratably secure any of the Existing Senior Notes.