Covenants Regarding the Incurrence of Indebtedness. (a) WPX hereby covenants and agrees that, for so long as WMB is required to consolidate the results of operations and financial position of WPX and any other members of the WPX Group or to account for its investment in WPX under the equity method of accounting (determined in accordance with GAAP consistently applied and consistent with SEC reporting requirements), WPX will not, and WPX will not permit any other member of the WPX Group to, without WMB’s prior written consent (which WMB may withhold in its sole and absolute discretion), create, incur, assume or suffer to exist any WPX Indebtedness (other than the WPX Borrowing).
Covenants Regarding the Incurrence of Indebtedness. (a) Freescale covenants and agrees that prior to the consummation of the IPO, Freescale will not, and Freescale will not permit any other member of the Freescale Group to, without Motorola’s prior written consent (which Motorola may withhold in its sole and absolute discretion), directly or indirectly, solicit, initiate or encourage any negotiations or discussions with respect to any offer or proposal for Freescale Indebtedness, other than for (i) the Freescale High Yield Notes and (ii) the Freescale Bank Facilities.
Covenants Regarding the Incurrence of Indebtedness. (a) WhiteWave covenants and agrees that prior to the IPO Settlement, WhiteWave shall not, and WhiteWave shall not permit any other WhiteWave Group Member to, without Xxxx Foods’ prior written consent, directly or indirectly, solicit, initiate or encourage any negotiations or discussions with respect to any offer or proposal for WhiteWave Indebtedness, other than the WhiteWave Bank Facilities.
Covenants Regarding the Incurrence of Indebtedness. (a) The Company covenants and agrees that after the consummation of the IPO and through the Disposition Date, the Company will not, and the Company will not permit any other member of the Company Group to, without Pfizer’s prior written consent (such consent not to be unreasonably withheld), directly or indirectly, incur any Company Debt Obligations other than pursuant to the Company Financing Arrangements and such other unsecured and uncommitted lines of credit made available to members of the Company Group as of the Effective Date.
Covenants Regarding the Incurrence of Indebtedness. (a) Verigy covenants and agrees that prior to the consummation of the IPO, Verigy will not, and Verigy will not permit any other member of the Verigy Group to, without Agilent's prior written consent (which Agilent shall not withhold unreasonably), directly or indirectly, solicit, initiate or encourage any negotiations or discussions with respect to any offer or proposal for Verigy Indebtedness (other than any such negotiations or discussions regarding ordinary course non-convertible Verigy Indebtedness).
Covenants Regarding the Incurrence of Indebtedness. (a) Venator covenants and agrees that after the consummation of the IPO and through the Disposition Date, Venator will not, and Venator will not permit any other member of the Venator Group to, without Huntsman’s prior written consent (such consent not to be unreasonably withheld), directly or indirectly, incur any Venator Debt Obligations other than pursuant to Venator Debt Financing.
Covenants Regarding the Incurrence of Indebtedness. (a) Delphi hereby covenants and agrees that, for so long as GM continues to beneficially own at least 50% of the outstanding shares of Delphi Common Stock, Delphi shall not, and shall not permit any of its Subsidiaries to, without GM's prior written consent (which it may withhold in its sole and absolute discretion), take any of the following actions:
Covenants Regarding the Incurrence of Indebtedness. (a) Venator covenants and agrees that after the consummation of the IPO and through the Disposition Date, Venator will not, and Venator will not permit any other member of the Venator Group to, without Huntsman’s prior written consent (such consent not to be unreasonably withheld), directly or indirectly, incur any Venator Debt Obligations other than pursuant to Venator Debt Financing and such other unsecured and uncommitted lines of credit made available to members of the Venator Group as of the Effective Date.
Covenants Regarding the Incurrence of Indebtedness. (a) Envista covenants and agrees that, from and after the Effective Date until the Disposition Date, Envista will not, and Envista will not permit any other member of the Envista Group to, without Xxxxxxx’x prior written consent, directly or indirectly, incur any Envista Debt Obligations other than pursuant to Envista Financing Arrangements and such other unsecured and uncommitted lines of credit made available to members of the Envista Group as of the Effective Date.
Covenants Regarding the Incurrence of Indebtedness. From the Effective Date until the Disposition Date, Filtration shall not, and Filtration shall not permit any other member of the Filtration Group to, without Xxxxxxx’x prior written consent, directly or indirectly, incur, or enter into any agreement or other arrangement pursuant to which it agrees to incur, any Filtration Debt Obligations other than pursuant to Filtration Financing Arrangements and such other unsecured and uncommitted lines of credit made available to members of the Filtration Group as of the Effective Date. Filtration shall notify Cummins in writing as promptly as practicable following the time it or any other member of the Filtration Group determines it wishes to incur any Filtration Debt Obligations for which Xxxxxxx’x prior written consent is required.
