Common use of Credit Parties Other than Borrowers Clause in Contracts

Credit Parties Other than Borrowers. None of H&E Holdings, H&E Finance and GNE Investments shall engage in any trade or business, or own any assets (other than Stock of their Subsidiaries) or incur any Indebtedness or Guaranteed Indebtedness (other than the Obligations); provided that (i) H&E Finance may consummate the transactions contemplated by the Senior Note Indenture and the Senior Subordinated Note Indenture, (ii) H&E Holdings may incur certain rights and obligations under the BRS Management Agreement and (iii) GNE Investments may provide the guaranty of (x) the Senior Notes as provided for in the Senior Note Indenture and (y) the Senior Subordinated Notes as provided for in the Senior Subordinated Note Indenture and (iv) H&E, H&E Finance and GNE Investments may consummate the Related Transactions.

Appears in 3 contracts

Samples: Loan Agreement (H&E Equipment Services, Inc.), Loan Agreement (H&E Equipment Services, Inc.), Loan Agreement (H&E Equipment Services, Inc.)

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Credit Parties Other than Borrowers. None of H&E Holdings, H&E Finance and or GNE Investments shall engage in any trade or business, or own any assets (other than Stock of their its Subsidiaries) or incur any Indebtedness or Guaranteed Indebtedness (other than the Obligations); provided that (i) H&E Finance may consummate the transactions contemplated by the Senior Note Indenture and the Senior Subordinated Unsecured Note Indenture, Indenture and the Supplemental Indentures and (ii) H&E Holdings may incur certain rights and obligations under the BRS Management Agreement and (iii) GNE Investments may provide the guaranty of (x) the Senior Notes as provided for in the Senior Note Indenture and (y) the Senior Subordinated Unsecured Notes as provided for in the Senior Subordinated Unsecured Note Indenture and (iv) H&E, H&E Finance and GNE Investments may consummate the Related Transactions.

Appears in 1 contract

Samples: Credit Agreement (H&E Equipment Services, Inc.)

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Credit Parties Other than Borrowers. None of H&E Holdings, H&E Finance and or GNE Investments shall engage in any trade or business, or own any assets (other than Stock of their its Subsidiaries) or incur any Indebtedness or Guaranteed Indebtedness (other than the Obligations); provided that (i) H&E Finance may consummate the transactions contemplated by the Senior Note Indenture and the Senior Subordinated Note Indenture, Indenture and the Senior Unsecured Note Indenture and the Supplemental Indentures and (ii) H&E Holdings may incur certain rights and obligations under the BRS Management Agreement and (iii) GNE Investments may provide the guaranty of (x) the Senior Notes as provided for in the Senior Note Indenture and (y) the Senior Subordinated Notes as provided for in the Senior Subordinated Note Indenture and (z) the Senior Unsecured Notes as provided for in the Senior Unsecured Note Indenture and (iv) H&E, H&E Finance and GNE Investments may consummate the Related Transactions.

Appears in 1 contract

Samples: Credit Agreement (H&E Equipment Services, Inc.)

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