Common use of Indebtedness, Disqualified Clause in Contracts

Indebtedness, Disqualified. Equity Interest or Preferred Stock (i) of the Lux Borrower or any Restricted Subsidiaries incurred or assumed in connection with an acquisition of any assets (including Equity Interests), business or Person and (ii) of any Person that is acquired by the Lux Borrower or any of its Restricted Subsidiaries or merged into or consolidated or amalgamated with the Lux Borrower or a Restricted Subsidiary in accordance with the terms of this Agreement and (2) Indebtedness incurred or assumed in anticipation of an acquisition of any assets, business or Person; provided, however, that after giving effect to such acquisition, merger, consolidation or amalgamation and the incurrence of such Indebtedness, Disqualified Equity Interest or Preferred Stock, either:

Appears in 5 contracts

Samples: Credit Agreement (Ortho Clinical Diagnostics Holdings PLC), Credit Agreement (Ortho Clinical Diagnostics Holdings PLC), Credit Agreement (Ortho Clinical Diagnostics Holdings PLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.