Common use of Guarantor Coverage Clause in Contracts

Guarantor Coverage. (a) The Borrower shall ensure that, at all times from the Closing Date, the aggregate PC EBITDA of the Guarantors represents not less than 60 per cent. of Adjusted Group EBITDA, provided that the Borrower will not be in breach of this obligation if:

Guarantor Coverage. (a) The Borrower Issuer shall ensure that, at all times from the Closing Date, the aggregate PC EBITDA of the Guarantors represents not less than 60 per cent. of Adjusted Group EBITDA, provided that the Borrower Issuer will not be in breach of this obligation if: