Common use of Limitations on Additional Indebtedness Clause in Contracts

Limitations on Additional Indebtedness. (a) After the date hereof, the Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee, extend the maturity of, or otherwise become liable with respect to (collectively, "incur"), any Indebtedness (including, without limitation, Acquired Indebtedness), unless after giving effect thereto, the Company's Consolidated Coverage Ratio on the date thereof would be at least: (i) 2.00 to 1, if such date is on or prior to March 31, 1998, (ii) 2.25 to 1, if such date is after March 31, 1998 and on or prior to March 31, 1999, and

Limitations on Additional Indebtedness. (a) After the date hereof, the Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee, extend the maturity of, or otherwise become liable with respect to (collectively, "incur"), any Indebtedness (including, without limitation, Acquired Indebtedness), unless after giving effect thereto, the Company's Consolidated Coverage Ratio on the date thereof would be at least: (i) 2.00 to 1, if such date is on or prior to March December 31, 1998, (ii) 2.25 to 1, if such date is after March December 31, 1998 and on or prior to March December 31, 1999, and