Limitation on Incurrence of Indebtedness. (a) The Company shall not, and shall not permit any Subsidiary to, Incur, directly or indirectly, any Indebtedness unless, on the date of such Incurrence (and after giving effect thereto), the Consolidated Coverage Ratio exceeds 2.5 to 1.
Appears in 5 contracts
Samples: Pooling Agreement (Fresenius Medical Care Corp), Fresenius National Medical Care Holdings Inc, Fresenius Medical Care Corp
Limitation on Incurrence of Indebtedness. (a) The Company shall not, and shall not permit any Restricted Subsidiary to, Incur, directly or indirectly, Incur any Indebtedness, except that the Company may Incur Indebtedness unlessif, on the date of such Incurrence (and after giving effect thereto), the Consolidated Coverage Ratio exceeds 2.5 to 1would be greater than 2:1.
Appears in 3 contracts
Samples: Indenture (Calpine Corp), Indenture (Calpine Corp), Calpine Corp
Limitation on Incurrence of Indebtedness. (a) The Company shall not, and shall not permit any Subsidiary Restricted Subsidiaries to, Incur, directly or indirectly, any Indebtedness; provided, however, that the Company and the Guarantors may Incur Indebtedness unlessif, on the date of such Incurrence (and immediately after giving effect thereto)to such Incurrence, the Consolidated Coverage Ratio exceeds 2.5 2.25 to 1.
Appears in 2 contracts
Samples: Fourth Secured Term Loan Agreement (MSX International Inc), Term Loan Agreement (MSX International Inc)
Limitation on Incurrence of Indebtedness. (a) The Company shall not, and shall not permit any Subsidiary to, Incur, directly or indirectly, any Indebtedness unless, on the date of such Incurrence (and after giving effect thereto), the Consolidated Coverage Ratio exceeds 2.5 to 1.. 91 EXECUTION 101
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Limitation on Incurrence of Indebtedness. (a) The Company shall not, and shall not permit any Subsidiary Restricted Subsidiaries to, Incur, directly or indirectly, any Indebtedness; provided, however, that the Company and the Subsidiary Guarantors may Incur Indebtedness unlessif, on the date of such Incurrence (and immediately after giving effect thereto)to such Incurrence, the Consolidated Coverage Ratio exceeds 2.5 2.25 to 1.
Appears in 1 contract
Samples: MSX International Inc
Limitation on Incurrence of Indebtedness. (a) The Company shall not, and shall not permit any Subsidiary to, Incur, directly or indirectly, any Indebtedness unless, on the date of such Incurrence (and after giving effect thereto), the Consolidated Coverage Ratio exceeds 2.5 2.0 to 1.
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