Common use of Incurrence of Additional Debt Clause in Contracts

Incurrence of Additional Debt. The Company shall not, and shall not permit any of its Subsidiaries to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and either:

Appears in 3 contracts

Samples: Indenture (Fushi International Inc), Sinoenergy CORP, Fushi International Inc

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Incurrence of Additional Debt. The Company shall not, and shall not permit any of its Subsidiaries to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and either:such Debt is Permitted Debt. Notwithstanding anything to the contrary contained in this Section,

Appears in 1 contract

Samples: Xinyuan Real Estate Co LTD

Incurrence of Additional Debt. The Company shall not, and shall not permit any of its Subsidiaries to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and eitherand:

Appears in 1 contract

Samples: China Natural Gas, Inc.

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Incurrence of Additional Debt. The Company shall not, and shall not permit any of its Subsidiaries to, Incur, directly or indirectly, any Debt unless, after giving effect to the application of the proceeds thereof, no Default or Event of Default would occur as a consequence of such Incurrence or be continuing following such Incurrence and either:

Appears in 1 contract

Samples: Hi-Tech Wealth Inc.

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