Indebtedness of a Subsidiary of Borrower owed to Borrower or a wholly owned Subsidiary of the Borrower or Indebtedness of Borrower owed to a Subsidiary of Borrower, which Indebtedness shall (i) in the case of Indebtedness owed to Borrower or a Guarantor, be pledged under the Security Agreement, (ii) be on terms (including subordination terms) reasonably acceptable to the Agent, and (iii) be otherwise permitted under the provisions of Section 7.10;
Indebtedness of a Subsidiary of the Borrower to the Borrower or to another Subsidiary of the Borrower or the Indebtedness of the Borrower to a Subsidiary of the Borrower;
Indebtedness of a Subsidiary of the Borrower owing to the Borrower or another Subsidiary of the Borrower; and
Indebtedness of a Subsidiary to the Borrower or a wholly-owned Subsidiary of the Borrower so long as such Indebtedness is held by the Borrower or a wholly-owned Subsidiary of the Borrower and is subject to no Lien (other than any Lien permitted by Section
Indebtedness of a Subsidiary owing to Holdings or another Subsidiary; provided that if a Credit Party incurs such Indebtedness owing to a Subsidiary that is not a Credit Party, such Indebtedness is subordinated in right of payment to the Guarantee of such Guarantor or the Obligations of the applicable Borrower, as the case may be, pursuant to subordination terms in form and substance acceptable to the Required Lenders; provided, further, that any subsequent transfer of any such Indebtedness (except to Holdings or another Subsidiary) shall be deemed, in each case to be an incurrence of such Indebtedness not permitted by this clause (h);
Indebtedness of a Subsidiary to another Subsidiary or to the Borrower; (e) Any (i) Lender Provided Interest Rate Hedge or Lender Provided Commodity Hedge, (ii) other Commodity Xxxxxx or (iii) Indebtedness under any Other Lender Provided Financial Services Product; and 79 135035202_4
(f) Other unsecured Indebtedness (other than any such Indebtedness incurred with respect to any currency swap agreement or other similar agreement); provided that before and immediately after the incurrence of such Indebtedness (i) the Borrower is in pro forma compliance with Section 9.8 [Maximum Funded Indebtedness to Total Adjusted Capitalization Ratio] and (ii) no Event of Default or Potential Default shall have occurred and be continuing or would result therefrom.
Indebtedness of a Subsidiary of Borrower acquired after the Closing Date and Indebtedness of a Person merged or consolidated with or into Borrower or a Subsidiary of Borrower after the Closing Date, which Indebtedness in each case exists at the time of such acquisition, merger or consolidation and was not created or incurred in contemplation of such acquisition, merger or consolidation and where such acquisition, merger or consolidation is not prohibited under this Agreement; and
Indebtedness of a Subsidiary of Borrower issued and outstanding on or prior to the date on which such Subsidiary was acquired by Borrower (other than Indebtedness issued as consideration in, or to provide all of any portion of the funds utilized to consummate, the transaction or series of related transactions pursuant to which such Subsidiary became a Subsidiary or was acquired by Borrower) which, together with Indebtedness permitted to be outstanding pursuant to SECTIONS 8.2(D) does not exceed $20,000,000;
Indebtedness of a Subsidiary of the Borrower to the Borrower or another Subsidiary of the Borrower, or Indebtedness of the Borrower to a Subsidiary of the Borrower; and
(i) Indebtedness of PictureTel GmbH and PictureTel UK Ltd. to the Overdraft Lender in an amount not to exceed, in the aggregate, $5,000,000; and (ii) other Indebtedness of the Company or any Subsidiary of the Company, provided that the aggregate amount of Indebtedness permitted to be incurred and/or assumed under this Section 7.6(e) shall not exceed $12,000,000 in the aggregate at any time outstanding.
Indebtedness of a Subsidiary incurred in the ordinary course of business under any lease of any Aircraft or Engine pursuant to which such Subsidiary is the lessor;
