Common use of Limitation on Guarantees of Indebtedness by Restricted Subsidiaries Clause in Contracts

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee other capital markets debt securities), other than a Subsidiary Guarantor or a Foreign Subsidiary, to guarantee the payment of any Indebtedness of the Borrower or any other Subsidiary Guarantor unless:

Appears in 4 contracts

Samples: Credit Agreement (Michaels Companies, Inc.), Credit Agreement (Michaels Companies, Inc.), Credit Agreement (Michaels Stores Inc)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will shall not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee other capital markets debt securitiessecurities of the Borrower or any Guarantor), other than a Guarantor, a Foreign Subsidiary Guarantor or a Foreign Receivables Subsidiary, to guarantee the payment of any Indebtedness of the Borrower or any other Subsidiary Guarantor unless:

Appears in 3 contracts

Samples: Interim Loan Agreement (First Data Corp), Loan Agreement (First Data Corp), Interim Loan Agreement (Energy Future Holdings Corp /TX/)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will (a) Holdings shall not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee other capital markets debt securities), other than a Subsidiary Guarantor or a Foreign Subsidiary, to guarantee the payment of any Indebtedness of Holdings, the Borrower Issuer or any other Subsidiary Guarantor unless:

Appears in 2 contracts

Samples: Supplemental Indenture (Travelport LTD), Indenture (Travelport LTD)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will shall not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Wholly Owned Subsidiaries if such non-Wholly-Wholly Owned Subsidiaries guarantee other capital markets debt securitiessecurities of the Borrower or any Guarantor), other than a Guarantor, a Foreign Subsidiary Guarantor or a Foreign Receivables Subsidiary, to guarantee the payment of any Indebtedness of the Borrower or any other Subsidiary Guarantor unless:

Appears in 1 contract

Samples: Loan Agreement (First Data Corp)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will Company shall not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee other capital markets debt securities), other than a Subsidiary Guarantor or a Foreign Subsidiary guaranteeing Indebtedness of another Foreign Subsidiary, to guarantee the payment of any Indebtedness of the Borrower Company or any other Subsidiary Guarantor unless:

Appears in 1 contract

Samples: Indenture (Ahny-Iv LLC)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will shall not permit any of its Wholly-Wholly Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Wholly Owned Subsidiaries if such non-Wholly-Wholly Owned Subsidiaries guarantee other capital markets debt securitiessecurities of the Borrower or any Guarantor), other than a Guarantor, a Foreign Subsidiary Guarantor or a Foreign Receivables Subsidiary, to guarantee the payment of any Indebtedness of the Borrower or any other Subsidiary Guarantor unless:

Appears in 1 contract

Samples: Loan Agreement (First Data Corp)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Borrower will shall not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee other capital markets debt securitiessecurities of the Borrower or any Guarantor), other than a Subsidiary Guarantor or a Foreign Securitization Subsidiary, to guarantee the payment of any Indebtedness of the Borrower or any other Subsidiary Guarantor unless:

Appears in 1 contract

Samples: Credit Agreement (WP Prism Inc.)

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