Common use of Permitted Restructuring Transactions Clause in Contracts

Permitted Restructuring Transactions. Notwithstanding the foregoing in this Section 7, the provisions of this Section 7 shall not restrict the ability of the Borrower and its Subsidiaries from consummating any Permitted Restructuring Transaction made permitted under Section 8.5.2(d)(iv).

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Pershing Square Capital Management, L.P.), Senior Secured Credit Agreement (Borders Group Inc)

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Permitted Restructuring Transactions. Notwithstanding the foregoing in this Section 7foregoing, the provisions of this Section 7 8 (other than Sections 8.5.2(d)(iv) and 8.14) shall not restrict the ability of the Borrower and its Subsidiaries from consummating any Permitted Restructuring Transaction made permitted under Section 8.5.2(d)(iv)Transaction.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Borders Group Inc), Senior Secured Credit Agreement (Pershing Square Capital Management, L.P.)

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