Common use of Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock Clause in Contracts

Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. (a) The Company shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur” and collectively, an “incurrence”) with respect to any Indebtedness (including Acquired Indebtedness) and the Company shall not issue any shares of Disqualified Stock and shall not permit any of its Subsidiaries to issue any shares of Disqualified Stock or Preferred Stock.

Appears in 2 contracts

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

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Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. (a) The Company Issuers shall not, and shall not permit any of its their Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, "incur" and collectively, an "incurrence") with respect to any Indebtedness (including Acquired Indebtedness) and the Company Issuers shall not issue any shares of Disqualified Stock and shall not permit any of its Subsidiaries Restricted Subsidiary to issue any shares of Disqualified Stock or Preferred Stock.;

Appears in 2 contracts

Samples: Party City Holdco Inc., Party City Holdco Inc.

Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. (a) The Company shall Borrower will not, and shall will not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur” and collectively, an “incurrence”) with respect to any Indebtedness (including Acquired Indebtedness) and the Company shall Borrower will not issue any shares of Disqualified Stock and shall will not permit any of its Subsidiaries Restricted Subsidiary to issue any shares of Disqualified Stock or Preferred Stock.

Appears in 1 contract

Samples: Credit Agreement (Michaels Stores Inc)

Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. (a) The Company Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur” and collectively, an “incurrence”) with respect to any Indebtedness (including Acquired Indebtedness) and the Company Issuer shall not issue any shares of Disqualified Stock and shall not permit any of its Subsidiaries Restricted Subsidiary to issue any shares of Disqualified Stock or Preferred Stock.of

Appears in 1 contract

Samples: ______________________________________________________________________________ Indenture (New Fortress Energy Inc.)

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Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. (a) The Company Parent shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur” and collectively, an “incurrence”) with respect to any Indebtedness (including Acquired Indebtedness) ), and the Company Parent shall not issue any shares of Disqualified Stock and shall not permit any of its Subsidiaries Restricted Subsidiary to issue any shares of Disqualified Stock or Preferred Stock.

Appears in 1 contract

Samples: Indenture (Toys R Us Inc)

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