Common use of Debt constituting Clause in Contracts

Debt constituting. a guaranty issued by the Company with respect to (x) Debt of any Subsidiary to the extent such Subsidiary's Debt is permitted to be incurred pursuant to a clause (other than this clause (e)) of this Section 8.01 and (y) Debt of any Person not a Subsidiary, provided that the aggregate principal amount of such Debt shall not at any time exceed $15,000,000 (without giving effect to any write-offs or write-downs of such Debt);

Appears in 1 contract

Sources: Multicurrency Credit Agreement (Macdermid Inc)

Debt constituting. a guaranty issued by the Company with respect to (x) Debt of any Subsidiary <373> to the extent such Subsidiary's Debt is permitted to be incurred pursuant to a clause (other than this clause (e)) of this Section 8.01 and (y) Debt of any Person not a SubsidiarySubsidiary <374>, provided that the aggregate principal amount of such Debt shall not at any time exceed $15,000,000 (without giving effect to any write-offs or write-downs of such Debt);; and

Appears in 1 contract

Sources: Credit Agreement (Macdermid Inc)