Common use of Limitation on Incurrence of Additional Indebtedness Clause in Contracts

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below.

Appears in 9 contracts

Samples: Indenture (Starwood Property Trust, Inc.), Indenture (Starwood Property Trust, Inc.), Indenture (Starwood Property Trust, Inc.)

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Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, createincur any Indebtedness, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, including Acquired Indebtedness) other than Permitted Indebtedness , except that the Company and other than as provided in paragraph (b) below.any Restricted Subsidiary may Incur Indebtedness, including Acquired Indebtedness, if:

Appears in 5 contracts

Samples: Indenture (Inmobiliaria Montes Urales 460 S a De C V), Indenture (Mexican Cellular Investments Inc), Indenture (Mexican Cellular Holding, Inc.)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not cause or permit any of its the Restricted Subsidiaries to, directly or indirectly, createIncur any Indebtedness, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, including Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below., except that:

Appears in 4 contracts

Samples: Elan Finance (Elan Corp PLC), Indenture (Elan Corp PLC), Elan Corp PLC

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its the Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness Indebtedness); provided, however, that if no Default or Event of Default shall have occurred and other than be continuing at the time of or as provided in paragraph (b) below.a consequence of the incurrence of any such Indebtedness:

Appears in 3 contracts

Samples: Indenture (Tenneco Inc), Indenture (Tenneco Inc), Indenture (Tenneco Inc)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its the Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, "incur") any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness Indebtedness); provided, however, that if no Default or Event of Default shall have occurred and other than be continuing at the time of or as provided in paragraph (b) below.a consequence of the incurrence of any such Indebtedness:

Appears in 3 contracts

Samples: Tenneco Inc, Tenneco Automotive Inc, Tenneco Automotive Inc

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, directly or indirectly, Incur any Indebtedness, including Acquired Indebtedness and will not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, createIncur any Indebtedness, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, including Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below., or Preferred Stock, except that:

Appears in 3 contracts

Samples: Constar International Inc, Indenture (Constar Inc), Indenture (Constar International Inc)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, createIncur any Indebtedness, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, including Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below., except that:

Appears in 3 contracts

Samples: Indenture (Homex Development Corp.), Indenture (Homex Development Corp.), Homex Development Corp.

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, createIncur any Indebtedness, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, including Acquired Indebtedness) , or permit any Restricted Subsidiary to Incur Preferred Stock, other than Permitted Indebtedness and other than as provided in paragraph (b) below.Indebtedness, except that:

Appears in 2 contracts

Samples: Indenture (Access Financial Solutions Inc), Financing Agreement (JLG Industries Inc)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectlyand each of the Guarantors will not, create, issue, incur, assume, guarantee or in any manner become directly or indirectly liable with respect to or otherwise become liable for responsible for, contingently or otherwise, the payment of (individually and collectively, to “incur” or, as appropriate, an “incurrence) ), any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowIndebtedness).

Appears in 2 contracts

Samples: Note Purchase Agreement (Trilogy International Partners Inc.), Indenture (Trilogy International Partners Inc.)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below.Indebtedness;

Appears in 2 contracts

Samples: Bridge Loan Agreement (Lyondell Chemical Co), Bridge Loan Agreement (Lyondell Chemical Co)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to or otherwise become liable responsible for payment of (collectively, “incur”) any Indebtedness (including, without limitation, including Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below).

Appears in 1 contract

Samples: Indenture (Ventoux CCM Acquisition Corp.)

Limitation on Incurrence of Additional Indebtedness. (a) The (i)Except as provided in Section 3.11(a)(iii), the Company will shall not, and will shall not cause or permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) Incur any Indebtedness (including, without limitation, including Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below).

Appears in 1 contract

Samples: Yojne S.A.

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, incur) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below.Indebtedness;

Appears in 1 contract

Samples: Bridge Loan Agreement (Lyondell Chemical Co)

Limitation on Incurrence of Additional Indebtedness. (a) The For so long as any Notes are outstanding, the Company will not, and nor will not it permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) incur any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Debt; provided, however, that the Company may, and may permit any of its Subsidiaries to, incur Indebtedness and other than as provided in paragraph (b) below.if:

Appears in 1 contract

Samples: Indenture (Supernus Pharmaceuticals Inc)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not permit any of its Subsidiaries Restricted Subsidiary to, directly or indirectlyand each of the Guarantors shall not, create, issue, incur, assume, guarantee or in any manner become directly or indirectly liable with respect to or otherwise become liable for responsible for, contingently or otherwise, the payment of (individually and collectively, to "incur”) " or, as appropriate, an "incurrence"), any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowIndebtedness).

Appears in 1 contract

Samples: Note Purchase Agreement (Trilogy International Partners Inc.)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, "incur") any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowIndebtedness).

Appears in 1 contract

Samples: Crum & Forster Holdings Corp

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Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not cause or permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowIndebtedness.

Appears in 1 contract

Samples: Indenture (Molecular Insight Pharmaceuticals, Inc.)

Limitation on Incurrence of Additional Indebtedness. (a) The For so long as any Notes are outstanding, the Company will shall not, and will not nor shall the Company permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) incur any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Debt; provided, however, that the Company may, and may permit any of its Subsidiaries to, incur Indebtedness and other than as provided in paragraph (b) below.if:

Appears in 1 contract

Samples: Indenture (Maxwell Technologies Inc)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to, or otherwise become liable responsible for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowof the Company.

Appears in 1 contract

Samples: Indenture (Alta One Inc.)

Limitation on Incurrence of Additional Indebtedness. (a) The Except as set forth below in this Section 3.4, the Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, createissue, assume, guaranty, incur, assumebecome directly or indirectly liable with respect to, guarantee or otherwise become liable for payment of responsible for, contingently or otherwise (individually and collectively, to "incur" or, as appropriate, an "incurrence") any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below.. Notwithstanding the foregoing:

Appears in 1 contract

Samples: Quality Dining Inc

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowIndebtedness.

Appears in 1 contract

Samples: Indenture (Apollo Commercial Real Estate Finance, Inc.)

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its the Restricted Subsidiaries to, directly or indirectly, create, incur, assume, guarantee guarantee, acquire, become liable, contingently or otherwise, with respect to or otherwise become liable responsible for payment of (collectively, "incur") any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) belowIndebtedness).

Appears in 1 contract

Samples: Stuart Entertainment Inc

Limitation on Incurrence of Additional Indebtedness. (a) The Company will shall not, and will shall not cause or permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise guarantee, acquire, become liable for payment of (collectively, “incur”) any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below.liable,

Appears in 1 contract

Samples: Indenture (LNR Property Corp)

Limitation on Incurrence of Additional Indebtedness. For so long as any Notes are outstanding (a) The subject to Section 4.14), the Company will not, and nor will not it permit any of its Subsidiaries to, directly or indirectly, create, incur, assume, guarantee or otherwise become liable for payment of (collectively, “incur”) incur any Indebtedness (including, without limitation, Acquired Indebtedness) other than Permitted Debt; provided, however, that the Company may, and may permit any of its Subsidiaries to, incur Indebtedness and other than as provided in paragraph (b) below.if:

Appears in 1 contract

Samples: Cyan Inc

Limitation on Incurrence of Additional Indebtedness. (a) The Company will not, and will not permit any of its Subsidiaries toRestricted Subsidiaries, directly or indirectly, createto issue, incur, assume, guarantee guarantee, become liable, contingently or otherwise, with respect to or otherwise become liable responsible for the payment of (collectively, "incur") any Indebtedness (includingIndebtedness; provided, without limitationhowever, Acquired Indebtedness) other than Permitted Indebtedness and other than as provided in paragraph (b) below.that if no Default

Appears in 1 contract

Samples: Chesapeake Energy Corp

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