Common use of Existing Debt; Future Liens Clause in Contracts

Existing Debt; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Debt of the Obligors as of December 31, 1997, since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Debt of the Obligors except as described in Schedule 5.15. No Obligor is in default, and no waiver of default is currently in effect, in the payment of any principal or interest on any Debt of any Obligor, and no event or condition exists with respect to any such Debt of any Obligor that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Debt to become due and payable before its stated maturity or before its regularly scheduled dates of payment. (b) Except as disclosed in Schedule 5.15, no Obligor has agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien not permitted by Section 11.11.

Existing Debt; Future Liens. (a) Except as described therein, Schedule 5.15 sets forth a complete and correct list of all outstanding Debt of the Obligors and their Subsidiaries as of December 31July 22, 1997, 2006 since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Debt of the Obligors except as described in Schedule 5.15or their Subsidiaries. No Obligor and no Subsidiary is in default, default and no waiver of default is currently in effect, in the payment of any principal or interest on any Debt of any Obligor, Obligor or any Subsidiary and no event or condition exists with respect to any such Debt of any Obligor or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Debt to become due and payable before its stated maturity or before its regularly scheduled dates of payment. (b) Except as disclosed in Schedule 5.15, no Obligor and no Subsidiary has agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien not permitted by Section 11.1110.3.

Existing Debt; Future Liens. (a) Except as described therein, Schedule 5.15 to the Second Supplement sets forth a complete and correct list of all outstanding Debt of the Obligors and their Subsidiaries as of December January 31, 19972007, since which date there has been no Material change in the amounts, interest rates, sinking funds, installment payments or maturities of the Debt of the Obligors except as described in Schedule 5.15or their Subsidiaries. No Obligor None of the Obligors nor any Subsidiary is in default, default and no waiver of default is currently in effect, in the payment of any principal or interest on any Debt of any Obligor, Obligor or such Subsidiary and no event or condition exists with respect to any such Debt of any Obligor or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Debt to become due and payable before its stated maturity or before its regularly scheduled dates of payment. (b) Except as disclosed in Schedule 5.155.15 to the Second Supplement, no Obligor none of the Obligors nor any Subsidiary has agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien not permitted by Section 11.1110.3 of the Note Purchase Agreement.