Common use of Obligations of Unrestricted Subsidiaries Clause in Contracts

Obligations of Unrestricted Subsidiaries. Borrower will not, nor will Borrower permit any other Credit Party to, incur any liability, Debt or obligation to any Unrestricted Subsidiary of any nature, or have any liability (whether by operation of law or otherwise) for any liability, Debt or obligation of any Unrestricted Subsidiary.

Appears in 2 contracts

Samples: Credit Agreement (Denbury Resources Inc), Credit Agreement (Denbury Resources Inc)

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Obligations of Unrestricted Subsidiaries. Except as described on Schedule 9.14 attached hereto, Borrower will not, nor will Borrower permit any other Credit Party to, incur any liability, Debt or obligation to any Unrestricted Subsidiary of any nature, or have any liability (whether by operation of law or otherwise) for any liability, Debt or obligation of any Unrestricted Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

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Obligations of Unrestricted Subsidiaries. Except as described on Schedule 9.15 attached hereto, Borrower will not, nor will Borrower permit any other Credit Party to, incur any liability, Debt or obligation to any Unrestricted Subsidiary of any nature, or have any liability (whether by operation of law or otherwise) for any liability, Debt or obligation of any Unrestricted Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Alliant Energy Corp)

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