Common use of Limitation on Guarantees of Indebtedness by Restricted Subsidiaries Clause in Contracts

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer shall not permit any Restricted Subsidiary of the Issuer, other than a Restricted Guarantor or a Foreign Subsidiary guaranteeing not more than $50,000,000 in aggregate principal amount of Indebtedness of the Issuer or any Guarantor, to guarantee the payment of any Indebtedness of the Issuer or any Guarantor unless:

Appears in 5 contracts

Samples: Indenture (Clear Channel Communications Inc), Indenture (iHeartCommunications, Inc.), Indenture (Clear Channel Communications Inc)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer shall not permit any Subsidiary that is a Restricted Subsidiary of the Issuer, other than a Restricted Guarantor or a Foreign Subsidiary guaranteeing not more than $50,000,000 in aggregate principal amount of Indebtedness of the Issuer or any Guarantor, to guarantee the payment of any Indebtedness of the Issuer or any a Guarantor unless:unless (x) the aggregate amount of all such Indebtedness guaranteed by Restricted Subsidiaries that are not Guarantors does not exceed $25,000,000 or (y):

Appears in 2 contracts

Samples: Indenture (Time Inc.), Time Inc.

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer shall not permit any Restricted Subsidiary of the Issuer, other than a Restricted Guarantor or a Foreign Subsidiary guaranteeing not more than $50,000,000 in aggregate principal amount of Indebtedness of the Issuer or any Guarantoran Excluded Subsidiary, to guarantee the payment of any Indebtedness in excess of $5,000,000 of the Issuer or any Guarantor unless:

Appears in 2 contracts

Samples: Indenture (Clear Channel Outdoor Holdings, Inc.), Indenture (Clear Channel Outdoor Holdings, Inc.)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer shall not permit any Subsidiary that is a Restricted Subsidiary of the Issuer, other than a Restricted Guarantor or a Foreign Subsidiary guaranteeing not more than $50,000,000 in aggregate principal amount of Indebtedness of the Issuer or any Guarantor, to guarantee the payment of any Indebtedness of the Issuer or any a Guarantor unless:unless (x) the aggregate amount of all such Indebtedness guaranteed by Restricted Subsidiaries that are not Guarantors does not exceed $50,000,000 or (y):

Appears in 2 contracts

Samples: Supplemental Indenture (Meredith Corp), Indenture (Meredith Corp)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer shall not permit any of its Restricted Subsidiary of the IssuerSubsidiaries, other than a Restricted Guarantor or a Foreign Subsidiary guaranteeing not more than $50,000,000 in aggregate principal amount of Indebtedness of the Issuer or any Guarantor, to guarantee the payment of any Indebtedness of the Issuer or any other Guarantor unless:

Appears in 1 contract

Samples: Supplemental Indenture (American Media Inc)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer shall not permit any Subsidiary that is a Restricted Subsidiary of the Issuer, other than a Restricted Guarantor or a Foreign Subsidiary guaranteeing not more than $50,000,000 in aggregate principal amount of Indebtedness of the Issuer or any Guarantor, to guarantee the payment of any Indebtedness of the Issuer or any a Guarantor unless:unless (x) the aggregate amount of all such Indebtedness guaranteed by Restricted Subsidiaries that are not Guarantors does not exceed $15,000,000 or (y):

Appears in 1 contract

Samples: Cable One, Inc.

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