Common use of Limitation on Guarantees Clause in Contracts

Limitation on Guarantees. (a) In addition to the restrictions set forth in Section 3.2(b), the Company shall not permit any of its Domestic Subsidiaries that are Restricted Subsidiaries, other than a Guarantor, a Foreign Subsidiary, a Captive Insurance Subsidiary or a Securitization Subsidiary, to Guarantee the payment of (i) any syndicated Credit Facility permitted under Section 3.2(b)(1) or (ii) capital markets debt securities of the Company or any other Guarantor unless:

Appears in 6 contracts

Samples: Indenture (Carvana Co.), Indenture (Carvana Co.), Carvana Co.

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Limitation on Guarantees. (a) In addition to the restrictions set forth in Section 3.2(b), the The Company shall not permit any of its Wholly-Owned Domestic Subsidiaries that are Restricted SubsidiariesSubsidiaries (and any other Restricted Subsidiary if such Subsidiary guarantees obligations under the Credit Agreement, any syndicated loan facility or capital markets debt of the Issuers or any of the Guarantors), other than a Guarantor, a Foreign Subsidiary, a Captive Insurance Subsidiary or a Securitization Subsidiary, to Guarantee the payment of (i) any syndicated Credit Facility permitted under Section 3.2(b)(1) or (ii) capital markets debt securities Indebtedness of the Company or any other Guarantor unless:

Appears in 2 contracts

Samples: Indenture (Valley Telephone Co., LLC), Indenture (Valley Telephone Co., LLC)

Limitation on Guarantees. (a) In addition to the restrictions set forth in Section 3.2(b), the The Company shall will not permit any of its Domestic Wholly Owned Subsidiaries that are Restricted SubsidiariesSubsidiaries (and non-Wholly Owned Subsidiaries if such non-Wholly Owned Subsidiaries guarantee other capital markets debt securities of the Company), other than a Guarantor, a Foreign Subsidiary, a Captive Insurance Subsidiary or a Securitization Subsidiary, Guarantor to Guarantee the payment of (i) any syndicated Credit Facility permitted under Section 3.2(b)(1) or (ii) capital markets debt securities of the Company or any other Guarantor unless:

Appears in 1 contract

Samples: Indenture (Atento S.A.)

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Limitation on Guarantees. (a) In addition to the restrictions set forth in Section 3.2(b), the The Company shall will not permit any of its Domestic Wholly Owned Subsidiaries that are Restricted SubsidiariesSubsidiaries (and non-Wholly Owned Subsidiaries if such non-Wholly Owned Subsidiaries guarantee other capital markets debt securities of the Company), other than a Guarantor, a Foreign Subsidiary, a Captive Insurance Subsidiary or a Securitization Subsidiary, Guarantor to Guarantee the payment of (i) any syndicated Credit Facility permitted under Section ‎Section 3.2(b)(1) or (ii) capital markets debt securities of the Company or any other Guarantor unless:

Appears in 1 contract

Samples: Indenture (Atento S.A.)

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