Limitation on Debt of Subsidiaries. The Company shall not permit any Subsidiary of the Company to Incur any Debt except:
Limitation on Debt of Subsidiaries. Holdings and the Borrower shall not permit any of their Subsidiaries (other than the Borrower) to incur any Debt other than:
Limitation on Debt of Subsidiaries. The total Debt of all Consolidated Subsidiaries (excluding Debt owed to the Borrower or to another Consolidated Subsidiary) will not at any time exceed $300,000,000.
Limitation on Debt of Subsidiaries. Permit any of the Subsidiaries (other than Borrower) to incur any Debt other than:
Limitation on Debt of Subsidiaries. (a) At all times following the occurrence of a Fall-Away Event, the Company shall not permit any Subsidiary of the Company to issue, incur, create, assume, or guarantee any Debt except for:
Limitation on Debt of Subsidiaries. The total Debt of all Subsidiaries (excluding (i) Debt owed to the Borrower or to another Subsidiary, (ii) Debt under the Guarantee Agreement, (iii) Debt of any Subsidiary Guarantor consisting of a Guarantee of reimbursement obligations of the Borrower under trade letters of credit (other than any Letter of Credit) which reimbursement obligations are outstanding no more than one Domestic Business Day, (iv) Debt of any Subsidiary Guarantor consisting of a Guarantee of New Subordinated Debt, 73 so long as the obligations of such Subsidiary Guarantor under such Guarantee are subordinated to the obligations of such Subsidiary Guarantor under the Loan Documents at least to the same extent as the obligations of the Borrower under such New Subordinated Debt, and (v) Debt of any Subsidiary Guarantor consisting of a Guarantee of any unsecured Debt of the Borrower outstanding at January 30, 1999 and reflected on the balance sheet of the Borrower at January 30, 1999, so long as the obligations of such Subsidiary Guarantor under such Guarantee are subordinated to the obligations of such Subsidiary Guarantor under the Loan Documents on customary capital markets terms approved by the bank affiliate of each Lead Arranger) will not at any time exceed $50,000,000.
Limitation on Debt of Subsidiaries. The Borrower will not permit any of its Subsidiaries to incur or at any time be liable with respect to any Debt except for the following:
Limitation on Debt of Subsidiaries. Vencor will not permit any Subsidiary, at any time after the Initial Closing Date, to incur or be liable with respect to (i) any Debt of a type described in clause (i), (ii) or (iv) of the definition of "Debt" in Section 1.01 or (ii) any Guarantee of any such Debt, except:
Limitation on Debt of Subsidiaries. The total Debt of all Subsidiaries (excluding (i) Debt owed to the Company or to another Subsidiary, (ii) Debt under the Guarantee Agreement, (iii) Debt of any Subsidiary Guarantor consisting of a Guarantee of non-contingent reimbursement obligations of the Company under trade letters of credit (other than any Letter of Credit) which reimbursement obligations are outstanding no more than one Domestic Business Day, (iv) Debt of any Subsidiary Guarantor consisting of a Guarantee of any unsecured Debt of the Company outstanding at January 31, 2004 and reflected on the balance sheet of the Company at January 31, 2004, so long as the obligations of such Subsidiary Guarantor under such Guarantee are subordinated to the obligations of such Subsidiary Guarantor under the Loan Documents on customary capital markets terms approved by the bank affiliate of each Joint Lead Arranger and (v) the Loans and the Swingline Loans made to any Subsidiary Borrower and the Reimbursement Obligations of any Subsidiary Borrower) will not at any time exceed $50,000,000.
Limitation on Debt of Subsidiaries. Section 5.08 of the Credit Agreement is amended by (i) deleting the word "and" at the end of clause (k), (ii) changing the period at the end of clause (l) to "; and" and (iii) adding the following new clause (m) immediately after clause (l):
