Common use of Guaranteed Indebtedness Clause in Contracts

Guaranteed Indebtedness. No Borrower shall create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower if the primary obligation is expressly permitted by this Agreement.

Guaranteed Indebtedness. No Borrower shall create, incur, assume or not (and shall not permit to exist any ----------------------- of its Subsidiaries to) incur any Guaranteed Indebtedness except (ai) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and such Person or (bii) for Guaranteed Indebtedness incurred for the benefit of any other Borrower if the primary obligation is expressly permitted by this AgreementAgreement for Borrower to incur (and such Guaranteed Indebtedness shall be treated as a primary obligation for all purposes hereof).

Guaranteed Indebtedness. No Borrower shall not create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower if the primary obligation is expressly permitted by this Agreement.

Guaranteed Indebtedness. No Borrower shall create, incur, assume or permit to exist incur any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account deposit accounts of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower if the primary obligation is expressly permitted by this Agreement.

Guaranteed Indebtedness. No Borrower shall createnot, incurnor shall Borrower permit any of its Subsidiaries to, assume or permit to exist incur any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower or such Subsidiary if the primary obligation is expressly permitted by this Agreement.

Guaranteed Indebtedness. No Neither Borrower nor Guarantors shall create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrowerthe Borrower or the Guarantors, and (b) for Guaranteed Indebtedness incurred for the benefit of any other the Borrower or the Guarantors if the primary obligation is expressly permitted by this Agreement.

Guaranteed Indebtedness. No Borrower shall create, incur, assume or permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower if the primary obligation is expressly permitted by this Agreement, (c) Guaranteed Indebtedness outstanding on the Closing Date and (d) Guaranteed Indebtedness evidenced by the Holdings Guaranties.

Guaranteed Indebtedness. No Borrower shall create, incur, assume or ----------------------- permit to exist any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower if the primary obligation is expressly permitted by this AgreementAgreement other than Indebtedness, if any, of a Target existing at the time such Target is acquired.

Guaranteed Indebtedness. No Borrower shall, or shall create, incur, assume cause or permit to exist any Subsidiary thereof to, incur any Guaranteed Indebtedness except (a) by endorsement of instruments or items of payment for deposit to the general account of any Borrower, and (b) for Guaranteed Indebtedness incurred for the benefit of any other Borrower or such Subsidiary if the primary obligation is expressly permitted by this Agreement.