Common use of Restrictions on Recourse Indebtedness Clause in Contracts

Restrictions on Recourse Indebtedness. Except with the prior written consent of the Requisite Banks, the Borrower will not, and the Borrower will not permit any Guarantor, any of the Related Companies or any Permitted Joint Venture to create, incur, assume, guarantee or become or remain liable, contingently or otherwise, or agree not to do any of same with respect to any Recourse Indebtedness other than:

Appears in 2 contracts

Samples: Term Loan Agreement (Liberty Property Limited Partnership), Loan Agreement (Liberty Property Limited Partnership)

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Restrictions on Recourse Indebtedness. Except with the prior written consent of the Requisite BanksLenders, the Borrower and the Company will not, and the Borrower will not permit any Guarantor, Guarantor or any of the Related Companies or any Permitted Joint Venture to create, incur, assume, guarantee or become or remain liable, contingently or otherwise, or agree not to do any of same with respect to any Recourse Indebtedness other thandescribed in any one or more of the following paragraphs:

Appears in 2 contracts

Samples: Credit Agreement (Liberty Property Limited Partnership), Credit Agreement (Liberty Property Limited Partnership)

Restrictions on Recourse Indebtedness. Except with the prior written consent of the Requisite BanksLenders, the Borrower will not, and the Borrower will not permit any Guarantor, Co-Borrower or any of the Related Companies or any Permitted Joint Venture to create, incur, assume, guarantee or become or remain liable, contingently or otherwise, or agree not to do any of same with respect to any Recourse Indebtedness other thandescribed in any one or more of the following paragraphs:

Appears in 2 contracts

Samples: Credit Agreement (Liberty Property Limited Partnership), Credit Agreement (Liberty Property Limited Partnership)

Restrictions on Recourse Indebtedness. Except with the prior written consent of the Requisite BanksLenders, the Borrower and the Company will not, and the Borrower will not permit any Guarantor, Guarantor or any of the Related Companies or any Permitted Joint Venture to create, incur, assume, guarantee or become or remain liable, contingently or otherwise, or agree not to do any of same with respect to any Recourse Indebtedness other than:that creates a violation of any of §9.1 through §9.6 (determined on a pro forma basis after giving effect to the incurrence of such Indebtedness).

Appears in 1 contract

Samples: Credit Agreement (Liberty Property Limited Partnership)

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Restrictions on Recourse Indebtedness. Except with the prior written consent of the Requisite BanksLenders, the Borrower will not, and the Borrower will not permit any Guarantor, Guarantor or any of the Related Companies or any Permitted Joint Venture to create, incur, assume, guarantee or become or remain liable, contingently or otherwise, or agree not to do any of same with respect to any Recourse Indebtedness other than:

Appears in 1 contract

Samples: Credit Agreement (Liberty Property Limited Partnership)

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