Common use of Future Note Guarantees Clause in Contracts

Future Note Guarantees. If, after the Issue Date, (a) any Restricted Subsidiary (including any newly formed, newly acquired or newly Redesignated Restricted Subsidiary) incurs any Indebtedness or guarantees any Indebtedness of the Issuer or a Domestic Subsidiary in either case in reliance on the Leverage Ratio Exception or (b) the Issuer otherwise elects to have any Restricted Subsidiary become a Guarantor, then, in each such case, the Issuer shall cause such Restricted Subsidiary to:

Appears in 3 contracts

Samples: Indenture (Match Group, Inc.), Iac/Interactivecorp, Match Group, Inc.

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Future Note Guarantees. If, after the Issue Date, (a) any Restricted Subsidiary (including any newly formed, formed or newly acquired Restricted Subsidiary or any Restricted Subsidiary that has been newly Redesignated Restricted Subsidiarysubject to a Redesignation) incurs any Indebtedness or guarantees any Indebtedness of the Issuer or a Domestic Subsidiary in either case in reliance on the Leverage Fixed Charge Coverage Ratio Exception or (b) the Issuer otherwise elects to have any Restricted Subsidiary become a Guarantor, then, in each such case, the Issuer shall cause such Restricted Subsidiary to:

Appears in 2 contracts

Samples: Indenture (Iac/Interactivecorp), Match Group, Inc.

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