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

Limitation on Issuances of Guarantees by Restricted Subsidiaries. (a) The Borrower and TWTC jointly and severally agree that the Borrower and TWTC shall not permit any Restricted Subsidiary of either the Borrower or TWTC, directly or indirectly, to Guarantee any Indebtedness of TWTC which is pari passu with or subordinate in right of payment to the TWTC Guarantee or to Guarantee any of the Borrower’s Indebtedness which is pari passu with or subordinate in right of payment to the Term Loan B Loans (any such Indebtedness being the “Guaranteed Indebtedness”), unless:

Limitation on Issuances of Guarantees by Restricted Subsidiaries. (a) The Borrower TWTC and TWTC jointly and severally agree that the Borrower and TWTC shall not permit any Restricted Subsidiary of either the Borrower or TWTCSubsidiary, directly or indirectly, to Guarantee any Indebtedness of TWTC which is pari passu with or subordinate in right of payment to the TWTC Guarantee or the Parent Guarantee or to Guarantee any of the Borrower’s Indebtedness which is pari passu with or subordinate in right of payment to the Term Loan B Loans or the 2018 Senior Notes (any such Indebtedness being the “Guaranteed Indebtedness”), unless:

Limitation on Issuances of Guarantees by Restricted Subsidiaries. (a) The Borrower TWTC and TWTC jointly and severally agree that the Borrower and TWTC shall not permit any Restricted Subsidiary of either the Borrower or TWTCSubsidiary, directly or indirectly, to Guarantee any Indebtedness of TWTC which is pari passu with or subordinate in right of payment to the TWTC Guarantee or the Parent Guarantee or to Guarantee any of the Borrower’s Indebtedness which is pari passu with or subordinate in right of payment to the Term Loan B Loans or the 2022 Senior Notes (any such Indebtedness being the “Guaranteed Indebtedness”), unless: