Limitation on Debt. The Borrower shall not have, incur, assume or otherwise become liable for, or permit any Subsidiary to have, incur, assume or otherwise become liable for, any Debt other than Permitted Debt.
Appears in 7 contracts
Samples: Credit Agreement (Obsidian Energy Ltd.), Credit Agreement (Greenfire Resources Ltd.), Credit Agreement (Obsidian Energy Ltd.)
Limitation on Debt. The Borrower shall not, and shall not havepermit any Subsidiary to, create, incur, assume assume, become or otherwise become be liable forin any manner in respect of, or permit any Subsidiary suffer to have, incur, assume or otherwise become liable forexist, any Debt other than except Permitted Debt.
Appears in 4 contracts
Samples: Credit Agreement (Hallmark Financial Services Inc), Credit Agreement (Gainsco Inc), Credit Agreement (Hallmark Financial Services Inc)
Limitation on Debt. The Borrower shall not have, have or incur, assume or otherwise become liable for, or permit any Subsidiary to have, have or incur, assume or otherwise become liable for, any Debt other than Permitted Debt.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Energy Partners Lp), Credit Agreement (Trident Resources Corp)
