Restricted Subsidiary Debt. From and after the Guaranty Release Date, -------------------------- the Borrower will not permit any Restricted Subsidiary to create, incur, assume or permit to exist any Debt, except: (a) Debt existing on the date hereof and described on Schedule 7.05; (b) Debt owed to the Borrower or any other Restricted Subsidiary; and (c) other Debt in an aggregate principal amount for all Restricted Subsidiaries not exceeding $50,000,000 at any time.
Appears in 4 contracts
Sources: Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc)