Common use of Guaranteed Debt Clause in Contracts

Guaranteed Debt. The Borrower shall not (and shall not suffer or permit any of its Domestic Subsidiaries to) incur any Guaranteed Debt except: (a) by endorsement of instruments or items of payment for deposit to the general account of such Person; (b) for performance bonds or indemnities entered into in the ordinary course of business consistent with past practices; (c) unsecured Guaranteed Debt in respect of Debt permitted under Section 6.3(c), (d) or (f); (d) secured Guaranteed Debt in an amount not to exceed $10,000,000; (e) [Reserved]; 42 (f) unsecured Guaranteed Debt in an amount not to exceed $400,000,000; (g) [Reserved]; (h) [Reserved]; (i) [Reserved].

Appears in 1 contract

Sources: Credit Agreement (Synnex Corp)

Guaranteed Debt. The Borrower shall not (and shall not suffer or permit any of its Domestic Subsidiaries to) incur any Guaranteed Debt except: (a) by endorsement of instruments or items of payment for deposit to the general account of such Person; (b) for performance bonds or indemnities entered into in the ordinary course of business consistent with past practices; (c) unsecured Guaranteed Debt in respect of Debt permitted under Section 6.3(c), (d) or (f); (d) secured Guaranteed Debt in an amount not to exceed $10,000,000; (e) [Reserved]; 42; (f) unsecured Guaranteed Debt in an amount not to exceed $400,000,000250,000,000; (g) [Reserved]; (h) [Reserved]; (i) [Reserved].

Appears in 1 contract

Sources: Credit Agreement (Synnex Corp)