Common use of Limitation on Consolidated Indebtedness Clause in Contracts

Limitation on Consolidated Indebtedness. (a) The Company shall not, and shall not permit any of its Subsidiaries to, Incur any Indebtedness unless after giving effect to such event on a pro forma basis, the Company’s Consolidated EBITDA Ratio for the four full fiscal quarters immediately preceding such event for which internal financial statements are available, taken as one period, is greater than or equal to 2.00 to 1.00 (such condition not being applicable to the Incurrence of Permitted Indebtedness).

Appears in 5 contracts

Samples: Indenture (Amc Entertainment Holdings, Inc.), Indenture (Amc Entertainment Holdings, Inc.), Indenture (Amc Entertainment Inc)

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Limitation on Consolidated Indebtedness. (a) The Company shall not, and shall not permit any of its Subsidiaries to, Incur any Indebtedness (other than Permitted Indebtedness) unless after giving effect to such event on a pro forma basis, basis the Company’s Consolidated EBITDA Ratio for the four full fiscal quarters immediately preceding such event for which internal financial statements are available, taken as one period, is greater than or equal to 2.00 to 1.00 (such condition not being applicable to the Incurrence of Permitted Indebtedness)1.00.

Appears in 4 contracts

Samples: Second Supplemental Indenture (Regal Entertainment Group), First Supplemental Indenture (Regal Entertainment Group), Indenture (Regal Entertainment Group)

Limitation on Consolidated Indebtedness. (a) The Company shall not, and shall not permit any of its Subsidiaries to, Incur any Indebtedness (other than Permitted Indebtedness) unless after giving effect to such event on a pro forma basis, the Company’s Consolidated EBITDA Ratio for the four (4) full fiscal quarters immediately preceding such event for which internal financial statements are availableevent, taken as one period calculated on the assumption that such Indebtedness had been Incurred on the first day of such four quarter period, is greater than or equal to 2.00 to 1.00 (such condition not being applicable to the Incurrence of Permitted Indebtedness)2.0:1.

Appears in 2 contracts

Samples: Employment Agreement (Marquee Holdings Inc.), Employment Agreement (Amc Entertainment Inc)

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Limitation on Consolidated Indebtedness. (a) The Company shall will not, and shall will not permit any of its Subsidiaries to, to Incur any Indebtedness (excluding Permitted Indebtedness) unless after giving effect to such event on a pro forma basis, basis the Company’s Consolidated EBITDA Ratio for the four (4) full fiscal quarters immediately preceding such event for which internal financial statements are availableevent, taken as one period calculated on the assumption that such Indebtedness had been incurred on the first day of such four-quarter period, is greater than or equal to 2.00 to 1.00 (such condition not being applicable to the Incurrence of Permitted Indebtedness)2.0:1.

Appears in 1 contract

Samples: Indenture (Amc Entertainment Inc)

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