Common use of Limitation on Issuances of Guarantees of and Pledges for Indebtedness Clause in Contracts

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall not permit any Restricted Subsidiary, other than the Guarantors, directly or indirectly, to guarantee, assume or in any other manner become liable with respect to any Indebtedness of the Company (other than guarantees in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of such Indebtedness, except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness shall be subordinated to such Restricted Subsidiary’s guarantee of the Securities at least to the same extent as such Indebtedness is subordinated to the Securities.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall will not cause or permit any Restricted Subsidiary, other than the Guarantorsa Guarantor, directly or indirectly, to guarantee, assume or in any other manner become liable with respect to secure the payment of any Indebtedness of the Company and the Company will not, and will not permit any Restricted Subsidiary to, pledge any intercompany notes representing obligations of any Restricted Subsidiary (other than guarantees a Guarantor) or any Capital Stock of a Restricted Subsidiary (other than a Guarantor) to secure the payment of any Indebtedness unless in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and each case such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of payment of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of such Indebtedness, Indebtedness (if a guarantee of such Indebtedness is granted by any such Restricted Subsidiary) except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness shall be subordinated to such Restricted Subsidiary’s guarantee of the Securities at least to the same extent as such Indebtedness is subordinated to the Securities.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall not permit any Restricted Subsidiary, other than the Guarantors, directly or indirectly, to guarantee, assume or in secure the payment of any other manner become liable with respect to any Senior Indebtedness of the Company and the Company will not, and will not permit any Restricted Subsidiary to, pledge any intercompany notes representing obligations of any Restricted Subsidiary (other than guarantees the Guarantors) to secure the payment of any Senior Indebtedness unless in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and each case such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of payment of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of the Senior Indebtedness (if a guarantee of Senior Indebtedness is granted by any such Indebtedness, Restricted Subsidiary) except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness secured and shall be subordinated to the claims against such Restricted Subsidiary’s guarantee Subsidiary in respect of the Securities at least Senior Indebtedness to the same extent as such Indebtedness is the Securities are subordinated to Senior Indebtedness of the SecuritiesCompany under this Indenture.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall will not cause or permit any Restricted Subsidiary, other than the Guarantorsa Guarantor, directly or indirectly, to guarantee, assume or in any other manner become liable with respect to secure the payment of any Indebtedness of the Company and the Company will not, and will not permit any Restricted Subsidiary to, pledge any intercompany notes representing obligations of any Restricted Subsidiary (other than guarantees a Guarantor) or any Capital Stock of a Restricted Subsidiary (other than a Guarantor) to secure the payment of any Indebtedness of the Company unless in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and each case such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of payment of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of such Indebtedness, Indebtedness (if a guarantee of such Indebtedness is granted by any such Restricted Subsidiary) except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness shall be subordinated to such Restricted Subsidiary’s guarantee of the Securities at least to the same extent as such Indebtedness is subordinated to the Securities.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall not permit any of its Restricted SubsidiarySubsidiaries, other than the Restricted Subsidiary Guarantors, directly or indirectly, to guarantee, assume or in secure the payment of any other manner become liable with respect to any Senior Indebtedness of the Company and the Company will not, and will not permit any of its Restricted Subsidiaries to, pledge any intercompany notes representing obligations of any of its Restricted Subsidiaries (other than guarantees the Restricted Subsidiary Guarantors) to secure the payment of any Senior Indebtedness unless in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and each case such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of payment of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of the Senior Indebtedness (if a guarantee of Senior Indebtedness is granted by such Indebtedness, Restricted Subsidiary) except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness secured and shall be subordinated to the claims against such Restricted Subsidiary’s guarantee Subsidiary in respect of the Securities at least Senior Indebtedness to the same extent as such Indebtedness is the Securities are subordinated to Senior Indebtedness of the SecuritiesCompany under this Indenture.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall will not cause or permit any Restricted Subsidiary, other than the Guarantorsa Guarantor, directly or indirectly, to guarantee, assume or in secure the payment of any other manner become liable with respect to any Senior Indebtedness of the Company and the Company will not, and will not permit any Restricted Subsidiary to, pledge any intercompany securities representing obligations of any Restricted Subsidiary (other than guarantees a Guarantor) to secure the payment of any Senior Indebtedness unless in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and each case such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this the Indenture providing for a guarantee of payment of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of the Senior Indebtedness (if a guarantee of Senior Indebtedness is granted by any such Indebtedness, Restricted Subsidiary) except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness secured and shall be subordinated to the claims against such Restricted Subsidiary’s guarantee Subsidiary in respect of the Securities at least Senior Indebtedness to the same extent as such Indebtedness is the Securities are subordinated to Senior Indebtedness of the SecuritiesCompany under the Indenture.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall not permit any Restricted Subsidiary, other than the Guarantors, directly or indirectly, to guarantee, assume or in any other manner become liable with respect to any Indebtedness of the Company (other than guarantees in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee 121 of such Indebtedness, except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness shall be subordinated to such Restricted Subsidiary’s guarantee of the Securities at least to the same extent as such Indebtedness is subordinated to the Securities.

Limitation on Issuances of Guarantees of and Pledges for Indebtedness. (a) The Company shall not permit any Restricted Subsidiary, other than the Guarantors, directly or indirectly, to guarantee, assume or in any other manner become liable with respect to any Indebtedness of the Company (other than guarantees in existence on the Issue Date) unless such guarantee is otherwise permitted under this Indenture and such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for a guarantee of payment of the Securities by such Restricted Subsidiary, which guarantee shall be on the same terms as the guarantee of such Indebtedness, except that the guarantee of the Securities need not be secured; provided that if such Indebtedness is Subordinated Indebtedness, any such assumption, guarantee or other liability of such Restricted Subsidiary with respect to such Indebtedness shall be subordinated to such Restricted Subsidiary’s guarantee of the Securities at least to the same extent as such Indebtedness is subordinated to the Securities.