Additional Unsecured Indebtedness Sample Clauses

Additional Unsecured Indebtedness. Neither Borrower nor any other member of the Consolidated Group shall incur any Indebtedness of a revolving nature other than this Facility. Neither Borrower nor any other member of the Consolidated Group shall incur any other non-revolving unsecured Indebtedness other than Indebtedness which does not cause any violation of the provisions of Section 7.20(c) or Section 7.20(d). Future trust preferred issuances will be permitted only to the extent they are expressly subordinate to this Facility.
AutoNDA by SimpleDocs
Additional Unsecured Indebtedness. The Borrower may, subject to the terms and conditions of this Section 2.24 (Additional Unsecured Indebtedness), (a)(i) add one or more unsecured term loan facilities to this Agreement and the other Financing Documents or (ii) add one or more additional unsecured term loan, unsecured bond or other unsecured debt facilities pursuant to separate documentation (each such facility in this clause (a), “Additional Unsecured Term Indebtedness”) and/or (b)(i) add one or more senior unsecured revolving credit facilities to this Agreement and the other Financing Documents and/or (ii) add one or more additional unsecured revolving and/or letter of credit facilities pursuant to separate documentation (any such revolving or letter credit facility in this clause (b), “Additional Unsecured Revolving Indebtedness”; the Additional Unsecured Revolving Indebtedness and the Additional Unsecured Term Indebtedness are collectively referred to as “Additional Unsecured Indebtedness”), at its sole discretion, subject to the satisfaction or waiver following conditions:
Additional Unsecured Indebtedness of the Borrower or any Subsidiary, to the extent not otherwise permitted under this Section 6.14; provided, however, that the aggregate principal amount of such Indebtedness shall not exceed $5,000,000 at any time outstanding.
Additional Unsecured Indebtedness. Unsecured Subordinated Indebtedness and Senior Unsecured Notes (in addition to the Indebtedness under the Current Indenture) on terms and conditions customary in the market for such type of Indebtedness and provided Company delivers to the Administrative Agent a certificate signed by a Financial Officer certifying to the extent applicable that (i) in any indenture or other document pursuant to which any additional Subordinated Indebtedness is issued, all Indebtedness under and in compliance with the terms of this Agreement is denominated and defined as “Permitted Debt and as “Senior Debt” (or terms similar thereto and approved by the Administrative Agent) and in any indenture or other document pursuant to which any additional Senior Unsecured Notes are issued, all Indebtedness under and in compliance with the terms of this Agreement is denominated and defined “Permitted Debt” as in the Current Indenture (or terms similar thereto and approved by the Administrative Agent), (ii) the stated maturity date of any such additional Subordinated Indebtedness or Senior Unsecured Notes does not occur prior to the Revolving Credit Maturity Date, (iii) no Default or Event of Default is then in existence or would be caused by the issuance of any such additional Subordinated Indebtedness or Senior Unsecured Notes and (iv) the Company and each Subsidiary are and shall be in compliance with the financial covenant set forth in Section 6.2 both immediately before and after giving pro forma effect to the incurrence of any such Subordinated Indebtedness or Senior Unsecured Notes.
Additional Unsecured Indebtedness of the Borrower or any Subsidiary (other than Tesoro Panama), so long as (i) the Lender in respect of such Indebtedness is not an Affiliate of the Borrower or any Subsidiary or Excluded Subsidiary and (ii) at the time such Indebtedness is incurred no Default or Unmatured Default has occurred and is continuing or would result immediately after giving effect (including pro forma effect) to the incurrence of such Indebtedness.
Additional Unsecured Indebtedness additional unsecured Indebtedness of the Borrower, PROVIDED that at the time of incurrence thereof, and after giving effect thereto, (i) the aggregate outstanding principal amount of any such unsecured Indebtedness of the Borrower is not in excess of $30,000,000; (ii) the Borrower would be in compliance with sections 9.8 and 9.9; and (iii) no Event of Default shall have occurred and be continuing or would result therefrom.
Additional Unsecured Indebtedness. The Parent and the Borrower shall not, and shall not permit any Subsidiary to, incur, assume or otherwise become obligated after the Agreement Date in respect of any Indebtedness that is not Secured Indebtedness other than (i) the Obligations and (ii) Indebtedness under the Existing Credit Agreement and any other Loan Document (as defined in the Existing Credit Agreement).
AutoNDA by SimpleDocs
Additional Unsecured Indebtedness. Clause (xii) of Section 6.3 is amended to read in its entirety as follows:
Additional Unsecured Indebtedness. Additional unsecured Indebtedness of the Company and its Subsidiaries in an aggregate principal amount not to exceed $25,000,000 at any time outstanding;
Additional Unsecured Indebtedness. Subject to the provisions of this Section 2.25, Borrower may incur or issue Additional Unsecured Indebtedness, at its sole discretion, subject to the satisfaction or waiver following conditions:
Time is Money Join Law Insider Premium to draft better contracts faster.