Limitation on Consolidated Indebtedness. 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 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.
Appears in 2 contracts
Samples: Second Supplemental Indenture (Regal Entertainment Group), First Supplemental Indenture (Regal Entertainment Group)
Limitation on Consolidated Indebtedness. 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 (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 1.002.0:1.
Appears in 2 contracts
Samples: Indenture (Marquee Holdings Inc.), Indenture (Amc Entertainment Inc)
Limitation on Consolidated Indebtedness. The Company shall will not, and shall will not permit any of its Subsidiaries to, to Incur any Indebtedness (other than excluding 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 1.002.0:1.
Appears in 1 contract
Samples: Indenture (Amc Entertainment Inc)