Indebtedness of Foreign Subsidiaries in an aggregate principal amount not to exceed the greater of (x) $225,000,000 and (y) 50% of Consolidated EBITDA as of the last day of the last Test Period for which financial statements have been delivered pursuant to Section 7.01 at any time outstanding;
Indebtedness of Foreign Subsidiaries provided, that the aggregate amount of such Indebtedness at the time such Indebtedness is incurred, together with the aggregate amount of all other Indebtedness outstanding under this clause (xvi) at such time, does not exceed 5% of the Borrower’s Consolidated Net Tangible Assets as of the end of the most recent Fiscal Quarter for which the Borrower has delivered financial statements as required by Section 7.1;
Indebtedness of Foreign Subsidiaries of the Borrower in an aggregate principal amount at any time outstanding not in excess of the equivalent at the date of each incurrence thereof of $2,000,000.
Indebtedness of Foreign Subsidiaries. The Borrower will not permit any of its direct or indirect Foreign Subsidiaries (other than any Foreign Subsidiary which is a member of the Afripa Group) to create, incur, assume or permit to exist any Indebtedness in excess of $20,000,000 in the aggregate at any one time outstanding, other than any such Indebtedness which is non‑recourse to the Borrower or any of its U.S. or Foreign Subsidiaries (other than the Foreign Subsidiary which incurred such Indebtedness).
Indebtedness of Foreign Subsidiaries of the Primary Borrower for working capital purposes (including in respect of overdrafts and letters of credit issued for the account of any Foreign Subsidiary) not exceeding, as to all such Foreign Subsidiaries, $35,000,000 in aggregate principal amount at any one time outstanding;
Indebtedness of Foreign Subsidiaries. All Indebtedness of Foreign Subsidiaries owing to any Bank or Bank Affiliate has been incurred under the facilities described on Schedule 8.26 hereto (the "Foreign Scheduled Facilities"), as such Schedule 8.26 may be updated from time to time by the Company by delivering a copy of such updated Schedule 8.26 to the Agent and each Bank, provided that (a) no revision to Schedule 8.26 that purports to increase the aggregate amount of the Foreign Scheduled Facilities shall be effective without the prior written consent of the Agent (not to be unreasonably withheld) and (b) no revision to Schedule 8.26 that purports to decrease or eliminate a Foreign Scheduled Facility shall be effective without the consent (not to be unreasonably withheld) of the creditor under such Foreign Scheduled Facility.
Indebtedness of Foreign Subsidiaries. (other than the Canadian Borrower and the Canadian Subsidiaries) in an aggregate principal amount not to exceed U.S.$5,000,000 at any time outstanding;
Indebtedness of Foreign Subsidiaries. (other than the Canadian Obligors any assets of which comprise part of the Canadian Borrowing Base) incurred to finance the working capital of such Foreign Subsidiaries;
Indebtedness of Foreign Subsidiaries of the Borrower at any one time outstanding and together with any other Indebtedness incurred under this clause (16) -146-CG&R Draft 0000000000v1 Last Saved: 08/19/2013 8:50 pm 0000000000 not to exceed the greater of (x) $200 million and (y) 5.0% of the Total Assets of the Foreign Subsidiaries at the time of incurrence (it being understood that any Indebtedness incurred pursuant to this clause (16) shall cease to be deemed incurred or outstanding for purposes of this clause (16) but shall be deemed incurred for the purposes of Section 7.02(a) from and after the first date on which such Foreign Subsidiary could have incurred such Indebtedness under Section 7.02(a) without reliance on this clause (16)); (17) Indebtedness of the Borrower or any of its Restricted Subsidiaries consisting of (i) the financing of insurance premiums or (ii) take-or-pay obligations contained in supply arrangements in each case, incurred in the ordinary course of business; (18) Indebtedness of the Borrower or any of its Restricted Subsidiaries undertaken in connection with cash management and related activities with respect to any Subsidiary or joint venture in the ordinary course of business; (19) Indebtedness consisting of Indebtedness issued by the Borrower or any of its Restricted Subsidiaries to current or former officers, directors and employees thereof, their respective estates, spouses or former spouses, in each case to finance the purchase or redemption of Equity Interests of the Borrower permitted under Section 7.05(b)(4); (20) Indebtedness incurred pursuant to a Permitted Debt Offering so long as the aggregate principal amount of such Indebtedness does not exceed the Maximum Incremental Facilities Amount; and (21) Credit Agreement Refinancing Indebtedness. (c) For purposes of determining compliance with this Section 7.02: (1) in the event that an item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) meets the criteria of more than one of the categories of permitted Indebtedness, Disqualified Stock or Preferred Stock described in clauses (1) through (21) of Section 7.02(b) above or is entitled to be incurred pursuant to Section 7.02(a) hereof, the Borrower, in its sole discretion, will classify or reclassify such item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) and will only be required to include the amount and type of such Indebtedness, Disqualified Stock or Preferred Stock in one of the above clauses; pr...
Indebtedness of Foreign Subsidiaries provided that at the time of incurrence of Indebtedness under this clause (12) and after giving effect thereto, Consolidated Interest Coverage Ratio of the Foreign Subsidiaries (calculated by replacing the references to the Issuer in the relevant definitions to all Foreign Subsidiaries) is at least 2.00 to 1.00; and
