Limitation on Issuances of Guarantees of Indebtedness. The Company will not permit any of its Restricted Subsidiaries which is not a Guarantor, directly or indirectly, to Guarantee or pledge any assets to secure the payment of any other Indebtedness of the Company unless such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for the Guarantee of the payment of the Notes by such Restricted Subsidiary, which Guarantee will be senior to or pari passu with such Restricted Subsidiary’s Guarantee of or pledge to secure such other Indebtedness. The Note Guarantee of a Guarantor will automatically and unconditionally be released:
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Samples: Builders FirstSource, Inc., Builders FirstSource-MBS, LLC
Limitation on Issuances of Guarantees of Indebtedness. The Company will not permit any of its Restricted Subsidiaries which is not a GuarantorSubsidiaries, directly or indirectly, to Guarantee guarantee or pledge any assets to secure the payment of any other Indebtedness of the Company unless such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for the Guarantee guarantee of the payment of the Notes by such Restricted Subsidiary, which . The Subsidiary Guarantee will be (1) senior to such Restricted Subsidiary’s Guarantee of or pledge to secure such other Indebtedness if such other Indebtedness is subordinated to the Notes; or (2) pari passu with such Restricted Subsidiary’s Guarantee of or pledge to secure such other IndebtednessIndebtedness if such other Indebtedness is not subordinated to the Notes. The Note Subsidiary Guarantee of a Guarantor will be automatically and unconditionally be released:
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Limitation on Issuances of Guarantees of Indebtedness. The Company will not permit any of its Restricted Subsidiaries which is not a Guarantor, directly or indirectly, to Guarantee or pledge any assets to secure the payment of any other Indebtedness of the Company unless such Restricted Subsidiary simultaneously executes and delivers a supplemental indenture to this Indenture providing for the Guarantee of the payment of the Notes by such Restricted Subsidiary, which Guarantee will be senior to or pari passu with such Restricted Subsidiary’s 's Guarantee of or pledge to secure such other Indebtedness. The Note Guarantee of a Guarantor will automatically and unconditionally be released:
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