Common use of Limitation on Secured Debt Clause in Contracts

Limitation on Secured Debt. The Issuer will not (nor will the Issuer permit any of its Subsidiaries to) create, assume, or guarantee any Secured Debt without making effective provision for securing the Notes equally and ratably with such Secured Debt. The foregoing restrictions in the immediately preceding sentence shall not apply, however, to debt secured by:

Appears in 6 contracts

Samples: Indenture (Broadcom Inc.), Indenture (Broadcom Inc.), Indenture (Broadcom Inc.)

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Limitation on Secured Debt. The Issuer will not, and will not (nor will the Issuer permit any of its Subsidiaries Subsidiary to) , create, assume, or guarantee any Secured Debt without making effective provision for securing securities by the Notes equally and ratably secured with such Secured Debt. The foregoing restrictions in the immediately preceding sentence shall not apply, however, to debt secured to by:

Appears in 1 contract

Samples: Fiscal Agency Agreement (Danaher Corp /De/)

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