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

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer will not permit any Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Indebtedness under the Senior Credit Facilities or Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Guarantor), other than the Co-Issuer, a Guarantor or an Excluded Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer or the Co-Issuer or any Guarantor under the Senior Credit Facilities incurred under Section 4.09(b)(1) or (ii) Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Guarantor, in each case, having an aggregate principal amount outstanding in excess of $25.0 million unless:

Appears in 2 contracts

Samples: Indenture (Chobani Inc.), Indenture (Chobani Inc.)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer Company will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Indebtedness under the Senior Credit Facilities or Capital Markets Indebtedness of the Issuer Company or the Co-Issuer or any Guarantor), other than the Co-Issuer, a Guarantor or an Excluded a Foreign Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer Company or the Co-Issuer or any Guarantor under the Senior Credit Facilities Facility incurred under pursuant to Section 4.09(b)(1) or (ii) Capital Markets Indebtedness of the Issuer Company or the Co-Issuer or any Guarantor, in each case, having an aggregate principal amount outstanding in excess of $12.5 million or, in the aggregate, in excess of $25.0 million million, unless:

Appears in 2 contracts

Samples: Indenture (Vine Energy Inc.), Indenture (Vine Resources Inc.)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Subsidiaries guarantee Indebtedness under the Senior Secured Credit Facilities or Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Guarantor), other than a Guarantor, the Co-Issuer, a Guarantor Issuer or an Excluded Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer or Issuer, the Co-Issuer or any Guarantor under the Senior Secured Credit Facilities incurred under Section 4.09(b)(14.09(b)(i) hereof or (ii) Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Guarantor, in each case, having an aggregate principal amount outstanding in excess of $25.0 million 200.0 million, unless:

Appears in 2 contracts

Samples: Indenture (Change Healthcare Inc.), Indenture (Change Healthcare Inc.)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Indebtedness under the any 128 Senior Credit Facilities or Capital Markets Indebtedness having an aggregate principal amount outstanding in excess of $150.0 million of the Issuer or the Co-Issuer or any Guarantor), other than the Co-Issuer, a Guarantor or an Excluded Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer or the Co-Issuer or any Guarantor under the any Senior Credit Facilities incurred under Section 4.09(b)(1) or (ii) Capital Markets Indebtedness of the Issuer or the Co-Issuer or any GuarantorIndebtedness, in each casethe case of this clause (ii), having an aggregate principal amount outstanding in excess of $25.0 150.0 million of the Issuer or any Guarantor, unless:

Appears in 1 contract

Samples: Indenture (Michaels Companies, Inc.)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Indebtedness under the Senior Credit Facilities ABL Facility, the 2020 Bond Financing Agreement, the 2019 Bond Financing Agreement or Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Subsidiary Guarantor), other than the Co-Issuer, a Subsidiary Guarantor or an Excluded Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer or the Co-Issuer or any Subsidiary Guarantor under the Senior Credit Facilities incurred under Section 4.09(b)(1), (ii) the 2020 Bond Financing Agreement and the Series 2020 Note, (iii) the 2019 Bond Financing Agreement and the Series 2019 Note or (iiiv) Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Subsidiary Guarantor, in each case, having an aggregate principal amount outstanding in excess of $25.0 50.0 million unless:: 157

Appears in 1 contract

Samples: Indenture (United States Steel Corp)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer Company will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Indebtedness under the Senior Term Loan Credit Facilities Agreement, the ABL Facility, the Notes Indenture or Capital Markets Indebtedness of the Issuer or the Co-Issuer Company or any Subsidiary Guarantor), other than the Co-Issuer, a Subsidiary Guarantor or an Excluded Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer Company or the Co-Issuer BRS Finance or any Subsidiary Guarantor under the Senior Credit Facilities incurred under Section 4.09(b)(16.03(b)(1), (ii) the Term Loan Credit Agreement, (iii) the Notes Indenture, (iv) the BFA Loan Obligations, or (iiv) Capital Markets Indebtedness of the Issuer or the Co-Issuer Company or any Subsidiary Guarantor, in each case, having an aggregate principal amount outstanding in excess of $25.0 50.0 million unless:

Appears in 1 contract

Samples: Bond Financing Agreement (United States Steel Corp)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer Company will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Indebtedness under the Senior Credit Facilities or Capital Markets Indebtedness of the Issuer Company or the Co-Issuer or any Guarantor), other than the Co-Issuer, a Guarantor or an Excluded a Foreign Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer Company or the Co-Co- Issuer or any Guarantor under the Senior Credit Facilities Facility incurred under pursuant to Section 4.09(b)(1) or (ii) Capital Markets Indebtedness of the Issuer Company or the Co-Issuer or any Guarantor, in each case, having an aggregate principal amount outstanding in excess of $12.5 million or, in the aggregate, in excess of $25.0 million million, unless:

Appears in 1 contract

Samples: Indenture (Vine Energy Inc.)

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Issuer will not permit any of its Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiary guarantees Guarantees Indebtedness under the Senior Credit Facilities or Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Guarantor), other than the Co-Issuer, a Guarantor or an Excluded Subsidiary, to guarantee the payment of (i) any Indebtedness of the Issuer or the Co-Issuer or any Guarantor under the Senior Credit Facilities incurred under Section 4.09(b)(1) or (ii) Capital Markets Indebtedness of the Issuer or the Co-Issuer or any Guarantor, in each case, having an aggregate principal amount outstanding in excess of $25.0 million unless:

Appears in 1 contract

Samples: Indenture (Superior Industries International Inc)

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