Common use of Liens securing Purchase Money Indebtedness incurred Clause in Contracts

Liens securing Purchase Money Indebtedness incurred. in the ordinary course of business; provided that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted Subsidiary of the Company other than the property and equipment so acquired or other property that was acquired from such seller or any of its Affiliates with the proceeds of Purchase Money Indebtedness and (b) the Lien securing such Purchase Money Indebtedness shall be created within 360 days of such acquisition;

Appears in 5 contracts

Samples: Fifteenth Supplemental Indenture (Equinix Inc), Thirteenth Supplemental Indenture (Equinix Inc), Twelfth Supplemental Indenture (Equinix Inc)

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Liens securing Purchase Money Indebtedness incurred. in the ordinary course of business; provided that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company Guarantor or any Restricted Subsidiary of the Company Guarantor other than the property and equipment so acquired or other property that was acquired from such seller or any of its Affiliates with the proceeds of Purchase Money Indebtedness and (b) the Lien securing such Purchase Money Indebtedness shall be created within 360 days of such acquisition;

Appears in 2 contracts

Samples: Second Supplemental Indenture (Equinix Inc), First Supplemental Indenture (Equinix Inc)

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Liens securing Purchase Money Indebtedness incurred. in the ordinary course of business; provided provided, however, that (a) such Purchase Money Indebtedness shall not exceed the purchase price or other cost of such property or equipment and shall not be secured by any property or equipment of the Company or any Restricted Subsidiary of the Company other than the property and equipment so acquired or other property that was acquired from such seller or any of its Affiliates with the proceeds of Purchase Money Indebtedness and (b) the Lien securing such Purchase Money Indebtedness shall be created within 360 90 days of such acquisition;

Appears in 1 contract

Samples: Indenture (Valassis Communications Inc)

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