Limitation on Additional Indebtedness. (a) The Company shall not, and shall not permit any Restricted Subsidiary of the Company to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness) other than Permitted Indebtedness.
Appears in 4 contracts
Samples: Covenants (Hayes Lemmerz International Inc), Covenants (Hayes Wheels International Inc), Indenture (MWC Acquisition Sub Inc)
Limitation on Additional Indebtedness. (a) The Company shall will not, and shall will not permit any Restricted Subsidiary of the Company to, directly or indirectly, incur Incur any Indebtedness (including Acquired Indebtedness) other than Permitted Indebtedness.unless, after giving effect thereto, either:
Appears in 1 contract
Limitation on Additional Indebtedness. (a) The Company shall not, and shall not cause or permit any Restricted Subsidiary of the Company to, directly or indirectly, incur any Indebtedness; PROVIDED, HOWEVER, that so long as no Default has occurred and is continuing or would result therefrom, the Company or any Guarantor may incur Indebtedness (including Acquired Indebtedness) other if, at the time of such incurrence, the Consolidated Fixed Charge Coverage Ratio would be greater than Permitted Indebtednessor equal to 2.0 to 1.0.
Appears in 1 contract
Samples: Indenture (Oglebay Norton Co /New/)
Limitation on Additional Indebtedness. (a) The Company shall will not, and shall will not permit any of its Restricted Subsidiary of the Company Subsidiaries to, directly or indirectly, incur (as defined) any Indebtedness (including Acquired Indebtedness) other than Permitted Indebtedness).
Appears in 1 contract
Samples: Indenture (Muzak LLC)
