Company: LGN
Filing Date: 2025-08-25
Form Type: S-1/A
Source: 0001193125-25-186788
Chunk: 64

Company: Legence Corp.
Filing Date: 2025-08-25
Form: S-1/A
Chunk 64
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 well as the terms of our financing agreements. We may not be able to engage in any of these activities or engage in these activities on desirable terms, which could result in a default on our debt obligations and have a material adverse impact on our business, financial condition and results of operations. We may not be able to finance future needs or adapt our business plan to react to changes in economic or business conditions because of restrictions placed on us by our Credit Facilities and any other instruments governing our other indebtedness. The agreements governing our debt contain a number of restrictive covenants which will limit our ability to finance future operations, acquisitions or capital needs or engage in other business activities that may be in our interest. The agreements governing our debt contain a number of significant covenants that impose operating and other restrictions on us and our subsidiaries. Such restrictions affect or will affect and, in many respects, limit or prohibit, among other things, our ability and the ability of some of our subsidiaries to:

| • |     | incur additional indebtedness; |

| • |     | create liens; |

| • |     | pay dividends and make other distributions in respect of our equity securities; |

| • |     | redeem or repurchase our equity securities; |

| • |     | make investments or other restricted payments; |

| • |     | sell assets; |

| • |     | enter into transactions with affiliates; and |

| • |     | effect mergers or consolidations. |

In addition, these agreements require us to comply with certain leverage ratios under certain, specified circumstances. Our ability to comply with these ratios may be affected by events beyond our control. These restrictions could limit our ability to plan for or react to market or economic conditions or meet capital needs or otherwise restrict our activities or business plans and could adversely affect our ability to finance our operations, acquisitions, investments or strategic alliances or other capital needs or to engage in other business activities that would be in our interest. A breach of any of these covenants or our inability to comply with the required financial ratios could result in a default under our debt instruments. If an event of default occurs, our creditors could elect to:

| • |     | declare all borrowings outstanding, together with accrued and unpaid interest, to be immediately due and payable; |

| • |     | require us to apply all of our available cash to repay the borrowings; or |

| • |     | prevent us from making debt service payments on our borrowings. |

If we were unable to repay or