Priority Debt. The Obligors will not permit Priority Debt at any time to exceed 15% of Consolidated Net Worth determined as of the end of the then most recently ended fiscal quarter.
Appears in 5 contracts
Samples: Note Purchase Agreement (UTi WORLDWIDE INC), Credit Agreement (UTi WORLDWIDE INC), Letter of Credit and Cash Draw Agreement (UTi WORLDWIDE INC)
Priority Debt. The Obligors will not not, at any time, permit Priority Debt at any time to exceed 15% of Consolidated Net Worth Total Capitalization determined as of the end of the then most recently ended fiscal quarter.
Appears in 3 contracts
Samples: Credit Agreement (UTi WORLDWIDE INC), Credit Agreement (UTi WORLDWIDE INC), Agreement (UTi WORLDWIDE INC)
Priority Debt. The Obligors will not at any time permit Priority Debt at any time to exceed an amount equal to 15% of Consolidated Net Worth determined as of the end of the then most recently ended fiscal quarterWorth.
Appears in 1 contract
Samples: Note Agreement (Quad/Graphics, Inc.)
Priority Debt. The Obligors will not permit Priority Debt at any time to exceed 15% of Consolidated Net Worth determined as of the end of the then most recently ended fiscal quarter.. Section 10.5
Appears in 1 contract
Samples: www.sec.gov
