Common use of Limitation on Guarantees Clause in Contracts

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of the Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, unless:

Appears in 3 contracts

Samples: Churchill Downs Incorporated (Churchill Downs Inc), Indenture (CHURCHILL DOWNS Inc), Churchill Downs Inc

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Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Wholly-Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the Credit Agreement), other than a Guarantor, to Guarantee guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, Guarantor unless:

Appears in 3 contracts

Samples: Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries of the Company if such non-Wholly Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower with the Company under, the Credit AgreementFacility), other than a Guarantor, to Guarantee guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, unless:

Appears in 2 contracts

Samples: W R Grace & Co, GCP Applied Technologies Inc.

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Wholly-Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the Credit AgreementABL), other than a Guarantor, to Guarantee guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, Guarantor unless:

Appears in 2 contracts

Samples: Indenture (Builders FirstSource, Inc.), Indenture (Builders FirstSource, Inc.)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the Credit Agreement), other than a Guarantor, to Guarantee guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, Guarantor unless:

Appears in 2 contracts

Samples: Indenture (Builders FirstSource, Inc.), Indenture (TUTOR PERINI Corp)

Limitation on Guarantees. (a) The Company shall will not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee other capital markets debt securities of the Company Company, Trinseo Finance or any Restricted Subsidiary Guarantor or guarantee all or a portion of the Credit Agreement), other than a GuarantorGuarantor or Trinseo Finance, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company either Issuer or any Guarantor, other Guarantor unless:

Appears in 2 contracts

Samples: Indenture (Trinseo S.A.), Indenture (Trinseo S.A.)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee Guarantee other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee Guarantee all or a portion of the Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, other Guarantor unless:

Appears in 1 contract

Samples: Indenture (Townsquare Media, LLC)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of the Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, other Guarantor unless:

Appears in 1 contract

Samples: Indenture (Styron Canada ULC)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Wholly-Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the Credit AgreementABL), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, Guarantor unless:

Appears in 1 contract

Samples: Indenture (Builders FirstSource, Inc.)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the First Lien Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, unless:

Appears in 1 contract

Samples: Indenture (Option Care Health, Inc.)

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Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Wholly-Owned Domestic Subsidiaries guarantee Guarantee other capital markets debt securities of the Company or any Restricted Subsidiary Guarantor or guarantee all or a portion Guarantee Indebtedness of the Company under the Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities of the Company or any Guarantor or Indebtedness of the Company under the Credit Agreement, in each case of the Company or any Guarantorcase, unless:

Appears in 1 contract

Samples: Indenture (Diversey Holdings, Ltd.)

Limitation on Guarantees. (a) The Company shall will not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee other capital markets debt securities of the Company Company, an Issuer or any Restricted Subsidiary Guarantor or guarantee all or a portion of the Credit Agreement), other than a GuarantorGuarantor or an Issuer, to Guarantee the payment of any Indebtedness of either Issuer or any other Guarantor under the Credit Agreement or any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, unless:

Appears in 1 contract

Samples: Indenture (Trinseo S.A.)

Limitation on Guarantees. (a) The Company shall will not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of the of, or are a co-borrower under, any Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, unless:

Appears in 1 contract

Samples: Owens & Minor Inc/Va/

Limitation on Guarantees. (a) The Company Parent shall not permit any of its Wholly Wholly-Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Wholly-Owned Domestic Subsidiaries if such non-Wholly Wholly-Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company Parent or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the Credit Agreement), other than a Guarantor, to Guarantee guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company Parent or any Guarantor, unless:

Appears in 1 contract

Samples: Roller Bearing (RBC Bearings INC)

Limitation on Guarantees. (a) The Company shall not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic wholly owned Subsidiaries if such non-Wholly Owned Domestic wholly owned Subsidiaries guarantee other capital markets debt securities of the Company Issuer or any Restricted Subsidiary or guarantee all or a portion of the Credit AgreementGuarantor), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company Issuer or any Guarantor, unless:

Appears in 1 contract

Samples: Indenture (Cott Corp /Cn/)

Limitation on Guarantees. (a) The Company shall will not permit any of its Wholly Owned Domestic Subsidiaries that are Restricted Subsidiaries (and non-Wholly Owned Domestic Subsidiaries if such non-Wholly Owned Domestic Subsidiaries guarantee guarantee, or are a co-issuer of, other capital markets debt securities of the Company or any Restricted Subsidiary or guarantee all or a portion of of, or are a co-borrower under, the Credit Agreement), other than a Guarantor, to Guarantee the payment of any capital markets debt securities or Indebtedness under the Credit Agreement, in each case of the Company or any Guarantor, unless:

Appears in 1 contract

Samples: Indenture (Owens & Minor Inc/Va/)

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