Common use of Acquired Indebtedness Clause in Contracts

Acquired Indebtedness. Incurred in connection with the acquisition of a Permitted Business; provided that after giving effect to such acquisition, merger or consolidation, and the Incurrence of such Acquired Indebtedness, (x) the Company would be permitted to Incur at least $1.00 of additional Indebtedness pursuant to paragraph (a) of this Section 3.8 or (y) the Consolidated Net Fixed Charge Coverage Ratio of the Company would be greater than immediately prior to such acquisition, merger, consolidation and Incurrence;

Appears in 4 contracts

Samples: Indenture (Elan Corp PLC), Indenture (Elan Corp PLC), Indenture (Elan Corp PLC)

AutoNDA by SimpleDocs

Acquired Indebtedness. Incurred in connection with the acquisition of a Permitted Business; provided that after giving effect to such the applicable acquisition, merger or consolidation, consolidation and the Incurrence incurrence of such Acquired Indebtedness, (xi) the Company would be permitted to Incur could incur at least $1.00 of additional Indebtedness (other than Permitted Indebtedness) pursuant to paragraph (a) of this Section 3.8 4.4 or (yii) the Consolidated Net Fixed Charge Coverage Ratio of the Company would be greater than immediately prior to such acquisition, merger, consolidation and Incurrence;giving effect thereto; and

Appears in 2 contracts

Samples: Indenture (Clean Harbors Inc), Indenture (Clean Harbors Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!