Examples of Investment Basket in a sentence
General Investment Basket Greater of $75.0M and 4.0% of Total Assets (Sections 8.7(u)) Same as existing facility $13.5M (no grower and no increase for returns on investments); provided that basket cannot be used to consummate any liability management transaction $10.0M cap shared with permitted business acquisition and investments in non-loan party baskets.
General Investment Basket Up to the greater of 10% of Total Tangible Assets for Investments made (net of any return in cash).
Investments not otherwise permitted under the foregoing paragraphs (i) through (xxvi) in an aggregate outstanding amount not to exceed on any date the Proceeds Investment Basket in effect on such date.
For the avoidance of doubt, without limitation, any amount re-allocated by the Borrower among the General Investment Basket, the General Restricted Payments Basket, the General Subordinated Payments Basket and/or the General Debt Basket may be subsequently re-allocated by the Borrower among such applicable Baskets in accordance therewith.