Certain Debt. The Guarantor will not at any time permit the sum of (i) Non-Operating Indebtedness of the Guarantor that is secured by a Lien on any property or assets of the Guarantor and its Subsidiaries and (ii) Non-Operating Indebtedness of the Subsidiaries of the Guarantor to exceed $500,000,000, except (i) Debt set forth in Schedule III hereto and (ii) Debt of any Subsidiary of the Guarantor owing to the Guarantor or another Subsidiary of the Guarantor.
Appears in 8 contracts
Samples: Reimbursement Agreement (AXA Equitable Holdings, Inc.), Reimbursement Agreement (AXA Equitable Holdings, Inc.), Reimbursement Agreement (AXA Equitable Holdings, Inc.)
