Debt of Subsidiaries. After the Closing Date, no Subsidiary will incur, assume or otherwise be liable in respect of any Debt, except:
Debt of Subsidiaries. Debt of Subsidiaries shall not at any time exceed U.S. $650,000,000 in the aggregate.
Debt of Subsidiaries. The Company will not permit any of its Subsidiaries (other than the Company Guarantor) to incur or at any time be liable with respect to any Debt other than (i) Debt owing to the Company or a wholly owned Subsidiary, (ii) Debt created under this Agreement, (iii) any commercial paper issued by an Eligible Subsidiary the credit support for which is provided by this Agreement, and (iv) other Debt in an aggregate principal amount outstanding not exceeding $300,000,000. For purposes of this Section any preferred stock of a Subsidiary held by a Person other than the Company or a Wholly-Owned Subsidiary shall be included, at the higher of its voluntary or involuntary liquidation value, in the “Debt” of such Subsidiary.
Debt of Subsidiaries. Total Debt of all Subsidiaries (excluding Debt of a Subsidiary to the Borrower or to a wholly owned Subsidiary) will not, on the date of incurrence of any portion of such Debt, exceed the greater of (x) $50,000,000 or (y) 10% of Consolidated Tangible Net Worth at such date.
Debt of Subsidiaries. 10 Section 3.14. Cash Flow Ratio...................................................10
Debt of Subsidiaries. The Borrower will not permit any of its Material Subsidiaries to incur or at any time be liable with respect to any Debt except:
Debt of Subsidiaries. The Borrower shall not permit any Subsidiary to incur any Debt except for (i) Debt owing to the Borrower or another Subsidiary and (ii) other Debt which shall not exceed in the aggregate for all Subsidiaries an amount in excess of 20% of Consolidated Net Worth.
Debt of Subsidiaries. 25 SECTION 5.12.
Debt of Subsidiaries. 53 Section 5.12. Transactions with Affiliates...................................54
Debt of Subsidiaries. Total Debt of all Subsidiaries (excluding Debt (i) of a Subsidiary owing to the Company, (ii) of a Subsidiary owing to a Substantially-Owned Consolidated Subsidiary, (iii) of an Eligible Subsidiary under this Agreement, (iv) of PLP in an aggregate principal amount not exceeding $300,000,000 outstanding on December 15, 1997 (but not any refinancing thereof), (v) of Xxxxxx Chemical North America, Inc. and its Subsidiaries arising out of the Argus Utilities sale- leaseback transaction in an aggregate principal amount not exceeding $71,000,000, or (vi) of IMC Inorganic Chemicals Inc., formerly known as Xxxxxx Chemical Group Inc., and its Subsidiaries in an aggregate principal amount not exceeding UKLira 50,000,000) will not at any date exceed 25% of Consolidated Net Worth (calculated as of the last day of the fiscal quarter most recently ended on or prior to such date). For purposes of this Section any preferred stock of a Consolidated Subsidiary (other than the Series E Preferred Stock) held by a Person other than the Company or a Substantially-Owned Consolidated Subsidiary shall be included, at the higher of its voluntary or involuntary liquidation value, in the "Debt" of such Consolidated Subsidiary.
