ServiceMagic 2012 Annual Report Download - page 334

(xi) encumbrances or restrictions relating to any Lien on any asset or property at the time of acquisition of
such asset or property by the Borrower or any Restricted Subsidiary;
(xii)
customary provisions in partnership agreements, limited liability company organizational governance
documents, joint venture agreements, shareholder agreements and other similar agreements that restrict the transfer of
ownership interests in such partnership, limited liability company, joint venture, corporation or similar Person;
(xiii)
encumbrances or restrictions on cash or other deposits or net worth imposed by suppliers, customers or
landlords under contracts entered into in the ordinary course of business;
(xiv)
Indebtedness incurred in compliance with Section 6.01(c) that imposes restrictions of the nature
described in clause (c) above on the assets acquired;
(xv) with respect to clause (c) only, any encumbrance or restriction consisting of customary nonassignment
provisions in leases governing leasehold interests, licenses, joint venture agreements and agreements similar to any of the
foregoing to the extent such provisions restrict the transfer of the property subject to such leases, licenses, joint venture
agreements or similar agreements;
(xvi)
with respect to clause (c) only, any encumbrance or restriction contained in security agreements or
mortgages securing Indebtedness of a Restricted Subsidiary to the extent such encumbrance or restriction restricts the
transfer of the property subject to such security agreements or mortgages; and
(xvii)
any encumbrances or restrictions imposed by any amendments, modifications, restatements, renewals,
increases, supplements, refundings, replacements or refinancings of the contracts, agreements, instruments or obligations
referred to in this Section 6.09; provided that, as determined by the Borrower, such amendments, modifications,
restatements, renewals, increases, supplements, refundings, replacements or refinancings (a) are not materially more
restrictive with respect to such encumbrances and restrictions than those prior to such amendments, modifications,
restatements, renewals, increases, supplements, refundings, replacements or refinancings or (b) will not materially
adversely affect the Borrower’s ability to make payments on the Loans.
SECTION 6.10
Consolidated Leverage Ratio
. The Borrower will not permit the Consolidated Leverage Ratio as
of the last day of any Test Period to be more than 3.00 to 1.00.
SECTION 6.11
Investments . The Borrower will not, and will not permit any of its Restricted Subsidiaries to,
make any advance, loan, extension of credit (by way of Guarantee or otherwise) or capital contribution to, or purchase any Equity
Interests, bonds, notes, debentures or other debt securities of, or any assets constituting a business unit of, or incur any Unrestricted
Subsidiary Support Obligations with respect to, any other Person (all of the foregoing, “ Investments ”) except:
(a) extensions of trade credit and credit to customers in the ordinary course of business;
(b) Investments in cash and Cash Equivalents and Investments that were Cash Equivalents when made;
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