Limitations on the Issuer Sample Clauses

Limitations on the Issuer. The Issuer may not own any material assets or other property, other than Debt or other obligations owing to the Issuer by the Guarantors and Subsidiaries, and securities issued by Affiliates of the Issuer, Cash Equivalents and Marketable Securities, or engage in any trade or conduct any business other than treasury, financing, cash management, hedging and cash pooling activities and activities incidental thereto. In addition, the Issuer shall not incur any material liabilities or obligations other than its obligations pursuant to the Notes and obligations pursuant to other Debt guaranteed by the Guarantors.
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Limitations on the Issuer. Issuer will covenant not to, so long as any of the Notes are outstanding, without the prior consent in writing of the Trustee if so directed by the holders of not less than 25% of the principal amount of the outstanding notes:
Limitations on the Issuer. The Issuer may not own any material assets or other property, other than Debt or other obligations owing to the Issuer by the Guarantors and Subsidiaries, securities issued by Affiliates of the Issuer, Cash Equivalents and Marketable Securities, or engage in any trade or conduct any business other than treasury, financing pursuant to the Notes or any other unsecured Debt of the Issuer guaranteed by the Guarantors and/or any of their respective Subsidiaries, cash management, hedging relating to the Notes or other unsecured Debt of the Issuer guaranteed by the Guarantors and/or any of their respective Subsidiaries and cash pooling activities and activities incidental thereto. In addition, the Issuer will not incur any material liabilities or obligations other than its obligations pursuant to the Notes and obligations pursuant to other unsecured Debt guaranteed by the Guarantors and/or any of their respective Subsidiaries.

Related to Limitations on the Issuer

  • Limitations on the Company’s Activities (i) This Section 9(j) is being adopted in order to comply with certain provisions required in order to qualify the Company as a “special purpose” entity.

  • Limitations on Transfer In addition to any other limitation on transfer created by applicable securities laws, Purchaser shall not assign, encumber or dispose of any interest in the Shares except in compliance with the provisions below and applicable securities laws.

  • Limitations on Termination Except as provided in Section 9.1, neither the Seller nor the Certificateholders shall be entitled to revoke or terminate the Issuer.

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