Common use of Limitations on Additional Indebtedness Clause in Contracts

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, that the Issuer or any Restricted Subsidiary may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 7 contracts

Samples: Supplemental Indenture (Alere Inc.), Supplemental Indenture (Alere Inc.), Indenture (Alere Inc.)

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Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect theretothereto on a pro forma basis (including giving pro forma effect to the application of the proceeds therefrom), the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 5 contracts

Samples: Indenture (Hercules Offshore, Inc.), Indenture (Hercules Offshore, Inc.), Indenture (Hercules Offshore, Inc.)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, that the Issuer or any Restricted Subsidiary may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 5 contracts

Samples: Indenture (Us Concrete Inc), Indenture (Bode Concrete LLC), Indenture (Bode Concrete LLC)

Limitations on Additional Indebtedness. (a) The Issuer Company will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the an Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, Indebtedness and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 3 contracts

Samples: Indenture (Johnstone Tank Trucking Ltd.), Indenture (Johnstone Tank Trucking Ltd.), Indenture (Johnstone Tank Trucking Ltd.)

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, Indebtedness and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 2 contracts

Samples: Indenture (American Greetings Corp), Indenture (American Greetings Corp)

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 2 contracts

Samples: Indenture (American Greetings Corp), Indenture (American Greetings Corp)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 2 contracts

Samples: Indenture (Ply Gem Holdings Inc), Covenants (Ply Gem Holdings Inc)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 2 contracts

Samples: Indenture (Norcraft Holdings, L.P.), CPI International, Inc.

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Fixed Charge Coverage Ratio would be at least 2.00 to 1.00 (the "Coverage Ratio Exception").. Notwithstanding the above, each of the following shall be permitted (the "Permitted Indebtedness"):

Appears in 1 contract

Samples: Indenture (Massey Energy Co)

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Fixed Charge Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).. Notwithstanding the above, each of the following shall be permitted (the “Permitted Indebtedness”):

Appears in 1 contract

Samples: Indenture (Massey Energy Co)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”"COVERAGE RATIO EXCEPTION").

Appears in 1 contract

Samples: Communications & Power Industries Inc

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 1 contract

Samples: Indenture (Hercules Offshore, Inc.)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur including Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).

Appears in 1 contract

Samples: Ply Gem Holdings Inc

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, Indebtedness and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 2.25 to 1.00 (the “Coverage Ratio Exception”).. Notwithstanding the above, each of the following shall be permitted (“Permitted Indebtedness”):

Appears in 1 contract

Samples: Indenture (Curative Health Services Inc)

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Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Fixed Charge Coverage Ratio would be at least 2.00 2.0 to 1.00 1.0 (the “Coverage Ratio Exception”).. Notwithstanding the above, each of the following shall be permitted (the “Permitted Indebtedness”):

Appears in 1 contract

Samples: Indenture (Ipsco Inc)

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).. Notwithstanding the above, each of the following, which shall be given independent effect in whole or in part, shall be permitted (the “Permitted Indebtedness”):

Appears in 1 contract

Samples: Indenture (Phibro Animal Health Corp)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, PROVIDED that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”"COVERAGE RATIO EXCEPTION").

Appears in 1 contract

Samples: Ply Gem Industries Inc

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the "Coverage Ratio Exception").

Appears in 1 contract

Samples: Norcraft Companies Lp

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, Subordinated Indebtedness and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 2.0 to 1.00 1.0 (the “Coverage Ratio Exception”).. Notwithstanding the above, each of the following shall be permitted (“Permitted Indebtedness”):

Appears in 1 contract

Samples: Seitel Inc

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness if, after giving effect thereto, the Consolidated Interest Fixed Charge Coverage Ratio would be at least 2.00 2.0 to 1.00 1.0 (the "Coverage Ratio Exception").. Notwithstanding the above, each of the following shall be permitted (the "Permitted Indebtedness"):

Appears in 1 contract

Samples: Indenture (Ipsco Inc)

Limitations on Additional Indebtedness. (a) The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness, and the Issuer or any Restricted Subsidiary may incur Acquired Indebtedness Indebtedness, in each case, if, after giving effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.00 to 1.00 (the Coverage Ratio Exception”).

Appears in 1 contract

Samples: Indenture (Ply Gem Holdings Inc)

Limitations on Additional Indebtedness. (a) The Issuer will shall not, and will the Issuer shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness; provided, however, provided that the Issuer or any Restricted Subsidiary Guarantor may incur additional Indebtedness (including Acquired Indebtedness, ) if no Default shall have occurred and be continuing at the Issuer time of or any Restricted Subsidiary may incur Acquired as a consequence of the incurrence of the Indebtedness and if, after giving effect thereto, the Consolidated Interest Fixed Charge Coverage Ratio on the date thereof would be at least 2.00 to 1.00 (the “Coverage Ratio Exception”).least:

Appears in 1 contract

Samples: Matria Healthcare Inc

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