Common use of Subsidiary Indebtedness Clause in Contracts

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower Company will not permit any Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower Company will not permit any Subsidiary to create, incur, assume incur or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to to, create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to of its Subsidiaries to, contract, create, incur, assume or permit to exist any Indebtedness, exceptother than:

Subsidiary Indebtedness. (a) The Borrower will not permit any Subsidiary of its Subsidiaries, other than Finance Companies, to create, incur, assume incur or permit to exist be liable in respect of any Indebtedness, exceptother than:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary its Subsidiaries to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Domestic Subsidiary that is not an Obligor to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary of its Restricted Subsidiaries to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Subsidiaries to contract, create, incurincur or assume any Indebtedness for borrowed money, assume or permit to exist any Indebtedness, exceptother than:

Subsidiary Indebtedness. The Borrower will not permit or cause any Subsidiary of its Subsidiaries to create, incur, assume or permit suffer to exist any Indebtedness, except:Indebtedness other than (without duplication):

Subsidiary Indebtedness. The Each Borrower will not permit any Subsidiary (other than any Subsidiary that is a Borrower at such time or any Subsidiary Guarantor) to create, incur, assume or permit to exist any IndebtednessIndebtedness or Attributable Debt, except:

Subsidiary Indebtedness. The Borrower No Subsidiary will not permit any Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume or permit to exist any IndebtednessIndebtedness or Attributable Debt, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Subsidiaries to contract, create, incur, assume or permit to exist any Indebtedness, exceptother than:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary Subsidiary, directly or indirectly, to create, incur, assume assume, or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Borrower that is not a Loan Party to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower Obligors will not permit any Subsidiary to to, create, assume, incur, assume guarantee or permit to exist otherwise become liable in respect of any Indebtedness, exceptexcluding from the operation of this Section:

Subsidiary Indebtedness. The Parent Borrower will not permit or cause any Subsidiary of its Subsidiaries to create, incur, assume or permit suffer to exist any Indebtedness, except:Indebtedness other than (without duplication):

Subsidiary Indebtedness. (a) The Borrower will not cause or permit any Subsidiary that is not a Guarantor to create, incur, assume or permit to exist Incur any Indebtedness, except:.

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary of its Restricted Subsidiaries to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Subsidiaries to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to of its Consolidated Subsidiaries to, create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Significant Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Borrower to create, incur, assume or permit to exist any IndebtednessIndebtedness (including pursuant to any Guarantee of Indebtedness of Parent, the Borrower or any other Subsidiary), except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary to of its Subsidiaries to, directly or indirectly, create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Subsidiaries to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Significant Subsidiary to incur, create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Borrower to create, incur, assume or permit to exist any IndebtednessIndebtedness (including pursuant to any Guarantee of Indebtedness of Holdings, the Borrower or any other Subsidiary), except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Borrower to create, issue, incur, assume assume, become liable in respect of or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The No Borrower will not permit any Subsidiary that is not a Credit Party to create, incur, assume incur or permit suffer to exist any Indebtedness, exceptother than:

Subsidiary Indebtedness. The Each Borrower will not permit any Subsidiary (other than PTFI, PXP or any Subsidiary Guarantor) to create, incur, assume or permit to exist any IndebtednessIndebtedness or Attributable Debt, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary (other than a Subsidiary Guarantor) to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary (other than any Excluded Subsidiary) to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume or permit to exist any IndebtednessIndebtedness (including any Guarantee by a Subsidiary of Indebtedness of the Borrower), except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume incur or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Borrower to create, incur, incur assume or permit to exist any IndebtednessIndebtedness (including pursuant to any Guarantee of Indebtedness of Holdings, the Borrower or any other Subsidiary), except:

Subsidiary Indebtedness. The U.S. Borrower will not permit any Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Restricted Subsidiaries to directly or indirectly, create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit or cause any Subsidiary to of its Subsidiaries to, create, incur, incur or assume or permit to exist any Indebtedness, exceptor become liable (contingent or otherwise) to do any of the foregoing, except for:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume or permit to exist incur any Indebtedness, Indebtedness (including any Guarantee by a Subsidiary of Indebtedness of the Borrower) except:

Subsidiary Indebtedness. The Borrower Borrowers will not permit any Subsidiary of their Restricted Subsidiaries (other than the Borrowers and the Guarantors) to create, incur, assume or permit suffer to exist any Indebtedness, Indebtedness except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary to to, directly or indirectly, create, incur, assume or permit suffer to exist any Indebtedness for borrowed money or any obligations of such Subsidiary evidenced by bonds, debentures, notes, loan agreements or other similar instruments, other than (a) Indebtedness pursuant to any Loan Document, (b) unsecured Indebtedness of any Subsidiary owing to the Borrower or unsecured Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit ----------------------- any Subsidiary to of its Consolidated Subsidiaries to, create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit its Subsidiaries to maintain or incur any Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:Indebtedness except Indebtedness permitted by Section 9.07 hereof.

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume assume, guarantee, have outstanding or permit otherwise become or remain directly or indirectly liable with respect to, or otherwise suffer to exist exist, any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary to create, incur, assume or permit suffer to exist any Indebtedness, except:: ​

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary (other than any Subsidiary Guarantor) to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Such Borrower will not permit any Subsidiary of its Subsidiaries to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary (other than the Loan Guarantors and CRISIL Limited) to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Restricted Subsidiary to (other than any Subsidiary Guarantor) to, create, incur, assume or permit to exist any Indebtedness, exceptIndebtedness other than:

Subsidiary Indebtedness. The Borrower will not permit or cause any Subsidiary to of its Subsidiaries to, create, incur, assume or permit to exist any Indebtedness, exceptor agree, become or remain liable (contingent or otherwise) to do any of the foregoing, except for:

Subsidiary Indebtedness. The Borrower will not, and will not permit the Company or any Subsidiary to of its Subsidiaries to, create, assume, incur, assume guarantee or permit to exist otherwise be or become liable in respect of any Indebtedness, Indebtedness except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Subsidiaries to create, incur, assume or permit suffer to exist or otherwise become or be liable in respect of any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary to create, incur, assume or permit to exist any IndebtednessIndebtedness (including pursuant to any Guarantee of Indebtedness of the Borrower or any other Subsidiary), except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of its Subsidiaries to create, incur, assume incur or permit suffer to exist any Indebtedness, exceptother than:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Borrower to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Each Borrower will not permit any Subsidiary (other than PTFI or any Subsidiary Guarantor) to create, incur, assume or permit to exist any IndebtednessIndebtedness or Attributable Debt, except:

Subsidiary Indebtedness. The Borrower Holdings will not permit any Non-Guarantor Subsidiary to create, incur, assume or permit to exist any Indebtedness, except:except (a) Permitted Indebtedness, (b)

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary (other than a Subsidiary Guarantor) to create, incur, assume incur or permit suffer to exist any Indebtedness, exceptother than:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary (other than Subsidiaries that are a Loan Party, a Mortgage Subsidiary or an Insurance Subsidiary) to create, incur, assume or permit to exist any Indebtedness, except:”

Subsidiary Indebtedness. (a) The Borrower will not cause or permit any Subsidiary to create, incur, assume or permit to exist Incur any Indebtedness, except:.

Subsidiary Indebtedness. The Borrower will not ----------------------- permit any Subsidiary to of its Consolidated Subsidiaries to, create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary ----------------------- of its Consolidated Subsidiaries to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary (other than a Guarantor) to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any ----------------------- Subsidiary to create, incur, assume incur or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will shall not permit any Subsidiary its Subsidiaries (including the Merger Sub and its Subsidiaries) to create, incur, assume or permit suffer to exist any Indebtedness, except:

Subsidiary Indebtedness. The Parent Borrower will not permit any Restricted Subsidiary that is not an Obligor to create, incur, assume or permit to exist any Indebtedness, except:

Subsidiary Indebtedness. The Borrower will not permit any Subsidiary of the Restricted Subsidiaries (other than the Borrower and the Guarantors) to create, incur, assume or permit suffer to exist any Indebtedness, Indebtedness except: