Common use of Limitation on Debt Clause in Contracts

Limitation on Debt. The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and:

Appears in 6 contracts

Samples: Alamosa (Alamosa Holdings LLC), Indenture (Alamosa Delaware Inc), Execution Copy (Alamosa Holdings Inc)

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Limitation on Debt. The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andeither:

Appears in 6 contracts

Samples: Supplemental Indenture (Energizer Holdings, Inc.), Indenture (Energizer Holdings, Inc.), Tempur Sealy International, Inc.

Limitation on Debt. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, Incur any Debt (including Acquired Debt) unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andeither:

Appears in 6 contracts

Samples: Indenture (Sanmina Corp), Indenture (Sanmina-Sci Corp), Indenture (Sanmina-Sci Corp)

Limitation on Debt. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Debt unless, unless after giving effect to the Incurrence of such Debt and the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andthereof either:

Appears in 3 contracts

Samples: Execution Version, Execution Version, Execution Version

Limitation on Debt. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incurincur, directly or indirectly, any Debt other than Permitted Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and:

Appears in 3 contracts

Samples: Registration Rights Agreement (Cig Media LLC), Registration Rights Agreement (Cig Media LLC), Registration Rights Agreement (Ion Media Networks Inc.)

Limitation on Debt. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, Incur any Debt unless, except that the Company and any Restricted Subsidiary may Incur Debt if after giving pro forma effect to the Incurrence of such Debt and the receipt and application of the proceeds thereof, no Default or Event thereof the Consolidated Coverage Ratio of Default the Company would occur as a consequence of such Incurrence or be continuing following such Incurrence and:not less than 2.00 to 1.00.

Appears in 2 contracts

Samples: Indenture (Group 1 Automotive Inc), Indenture (Group 1 Automotive Inc)

Limitation on Debt. (a) The Company shall will not, and shall will not permit any Restricted Subsidiary to, Incur, directly or indirectly, Incur any Debt unlessDebt, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andexcept:

Appears in 2 contracts

Samples: Sterling Chemical Inc, Sterling Chemical Inc

Limitation on Debt. The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and(including any Acquired Debt) unless either:

Appears in 2 contracts

Samples: Coventry Health Care Inc, Coventry Health Care Inc

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Limitation on Debt. A. The Company shall will not, and shall will not permit any Restricted Subsidiary to, Incurcreate, directly assume or indirectly, incur any Funded Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and:other than

Appears in 2 contracts

Samples: Debenture Purchase Agreement (Public Service Co of North Carolina Inc), Debenture Purchase Agreement (Public Service Co of North Carolina Inc)

Limitation on Debt. The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andthereof and either:

Appears in 1 contract

Samples: Supplemental Indenture (Mens Wearhouse Inc)

Limitation on Debt. The Company shall will not, and shall not nor will it permit any Restricted Subsidiary to, Incurcreate, directly incur, assume, guarantee or indirectlybe or remain liable, contingently or otherwise, with respect to any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andother than:

Appears in 1 contract

Samples: Securities Purchase Agreement (Westwood One Inc /De/)

Limitation on Debt. The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, any Debt unlessDebt; provided, after giving effect to however, that the application foregoing shall not prohibit the Incurrence of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence andDebt:

Appears in 1 contract

Samples: Sovereign Bancorp Inc

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