Common use of Limitation on Debt of Subsidiaries Clause in Contracts

Limitation on Debt of Subsidiaries. Holdings and the Borrower shall not permit any of their Subsidiaries (other than the Borrower) to incur any Debt other than:

Appears in 2 contracts

Samples: Senior Note Purchase Agreement (Ihop Corp), Intercreditor Agreement (Ihop Corp)

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Limitation on Debt of Subsidiaries. Holdings and the The Borrower shall will not permit any of their its Subsidiaries (other than the Borrower) to incur or at any time be liable with respect to any Debt other thanexcept for the following:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Policy Management Systems Corp)

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Limitation on Debt of Subsidiaries. Holdings and the Borrower shall ---------------------------------- not permit any of their Subsidiaries (other than the Borrower) to incur any Debt other than:

Appears in 1 contract

Samples: Senior Note Purchase Agreement (Ihop Corp)

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