Common use of Limitations on Additional Indebtedness Clause in Contracts

Limitations on Additional Indebtedness. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness); provided, however; that the Company or any Guarantor may incur additional Indebtedness (including Acquired Indebtedness) if no Default shall have occurred and be continuing at the time of or as a consequence of the incurrence of the Indebtedness and if, after giving effect thereto on a pro forma basis, either (i) the Consolidated Fixed Charge Coverage Ratio would be at least 2.00 to 1.00, or (ii) the Indebtedness to Tangible Net Worth Ratio would be no more than 2.25 to 1.00.

Limitations on Additional Indebtedness. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness); provided, however; , that the Company or any Guarantor may incur additional Indebtedness (including Acquired Indebtedness) if no Default shall have occurred and be continuing at the time of or as a consequence of the incurrence of the Indebtedness and if, after giving effect thereto on a pro forma basis, either (i) the Consolidated Fixed Charge Coverage Ratio would be at least 2.00 to 1.00, 1.00 or (ii) the Indebtedness to Tangible Net Worth Ratio would be no more than 2.25 to 1.001.00 (either (i) or (ii), the “Ratio Exception”).

Limitations on Additional Indebtedness. (a) The Company Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness)) ; providedprovided that, however; that the Company Issuer or any Guarantor may incur additional Indebtedness (including Acquired Indebtedness) if no Default shall have occurred and be continuing at the time of or as a consequence of the incurrence of the Indebtedness and if, after giving effect thereto on a pro forma basis, either (ia) the Consolidated Fixed Charge Coverage Ratio would be at least 2.00 to 1.00, 1.00 or (iib) the Indebtedness to Tangible Net Worth Ratio would be no more than 2.25 3.00 to 1.00.

Limitations on Additional Indebtedness. (a) The Company Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness); providedprovided that, however; that the Company Issuer or any Guarantor may incur additional Indebtedness (including Acquired Indebtedness) if no Default shall have occurred and be continuing at the time of or as a consequence of the incurrence of the Indebtedness and if, after giving effect thereto on a pro forma basis, either (ia) the Consolidated Fixed Charge Coverage Ratio would be at least 2.00 to 1.00, 1.00 or (iib) the Indebtedness to Tangible Net Worth Ratio would be no more than 2.25 3.00 to 1.00.

Limitations on Additional Indebtedness. (a) The Company Issuer shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness)) ; providedprovided that, however; that the Company Issuer or any Guarantor may incur additional Indebtedness (including Acquired Indebtedness) if no Default shall have occurred and be continuing at the time of or as a consequence of the incurrence of the Indebtedness and if, after giving effect thereto on a pro forma basis, either (ia) the Consolidated Fixed Charge Coverage Ratio would be at least 2.00 to 1.00, 1.00 or (iib) the Indebtedness to Tangible Net Worth Ratio would be no more than 2.25 to 1.00.