Common use of Indebtedness; Guarantees Clause in Contracts

Indebtedness; Guarantees. The Borrower shall not create, incur, assume or permit to exist or otherwise be or become liable with respect to any Indebtedness or any guarantees, other than Permitted Indebtedness and any guarantee that is Permitted Indebtedness or that is made pursuant to the Project Documents.

Appears in 2 contracts

Samples: Credit Agreement (NRG Yield, Inc.), Credit Agreement (GenOn Energy, Inc.)

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Indebtedness; Guarantees. The Except for the Loan incurred and any other amounts owed hereunder, Borrower shall not create, incur, assume or permit to exist any Debt. Borrower shall not directly or otherwise indirectly create, assume, be or become liable with respect to any Indebtedness or any guarantees, other than Permitted Indebtedness and any guarantee that is Permitted Indebtedness or that is made pursuant to the Project Documentsguarantee.

Appears in 1 contract

Samples: Loan and Security Agreement (Diamond Resorts Corp)

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Indebtedness; Guarantees. The Except for the Loan incurred and any other amounts owed hereunder, the Borrower shall not create, incur, assume or permit to exist any Indebtedness. The Borrower shall not directly or otherwise indirectly create, assume, be or become liable with respect to any Indebtedness or any guarantees, other than Permitted Indebtedness and any guarantee that is Permitted Indebtedness or that is made pursuant to the Project Documentsguarantee.

Appears in 1 contract

Samples: Credit Agreement (Pennant Investment CORP)

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