Common use of INITIAL GUARANTORS Clause in Contracts

INITIAL GUARANTORS. The aggregate EBITDA of the members of the Target Group listed in Schedule 13 (Members of the Target Group Granting Security) for the financial year ended 31 March 1999 equal or exceeds 90% of the aggregate EBITDA of the CWC ConsumerCo Business for that financial year.

Appears in 3 contracts

Sources: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Inc/De/)