Common use of Limitation on Debt Clause in Contracts

Limitation on Debt. 38 6.3. Limitation on Liens ........................................... 38 6.4. Prohibitions on Fundamental Changes ........................... 39 6.5. Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40

Appears in 2 contracts

Samples: Credit Agreement (Creditrust Corp), Credit Agreement (Creditrust Corp)

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Limitation on Debt. 38 6.3. 37 6.3 Limitation on Liens ........................................... 38 6.4. Prohibitions Liens............................................................................ 37 6.4 Limitations on Fundamental Changes ........................... 39 6.5. Changes............................................................. 37 6.5 Limitation on Sale of Assets .................................. 39 6.6. Prohibitions Assets................................................................... 38 6.6 Limitations on Acquisitions .................................. 40 Acquisitions, Investments, Loans and Advances................................... 38 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40

Appears in 2 contracts

Samples: Credit Agreement (Dover Downs Gaming & Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

Limitation on Debt. 38 6.3. 33 6.3 Limitation on Liens ........................................... 38 6.4. Prohibitions Liens.............................................33 6.4 Limitations on Fundamental Changes ........................... 39 6.5. Changes..............................35 6.5 Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Assets....................................35 6.6 Limitation on Contingent Obligations .......................... 40 6.9. Acquisitions, Investments, Loans and Advances.....36 6.7 No Negative Pledge or Other Restrictions........................36 6.8 Transactions with Affiliates .................................. 40 6.10. Affiliates....................................36 6.9 Sale and Leaseback..............................................36 6.10 Fiscal Year.....................................................37 6.11 Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Business...........................37 SECTION 7.

Appears in 1 contract

Samples: Credit Agreement (Philadelphia Suburban Corp)

Limitation on Debt. 38 20 6.2. Limitation on Liens............................................................20 6.3. Limitation on Liens ........................................... 38 Fundamental Changes..............................................20 6.4. Prohibitions on Fundamental Changes ........................... 39 6.5. Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Assets...................................................20 6.5.

Appears in 1 contract

Samples: Credit Agreement (Onyx Acceptance Corp)

Limitation on Debt. 38 6.3. 56 6.3 Limitation on Liens ........................................... 38 6.4. Prohibitions Liens............................................................................56 6.4 Limitations on Fundamental Changes ........................... 39 6.5. Changes.............................................................58 6.5 Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 Assets...................................................................58 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40

Appears in 1 contract

Samples: Credit Agreement (Ceco Environmental Corp)

Limitation on Debt. 38 17 6.2. Limitation on Liens..................................................17 6.3. Limitation on Liens ........................................... 38 Fundamental Changes....................................17 6.4. Prohibitions on Fundamental Changes ........................... 39 6.5. Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Assets.........................................17 6.5.

Appears in 1 contract

Samples: One Credit Agreement (Onyx Acceptance Corp)

Limitation on Debt. 38 26 6.2. Limitation on Liens......................................................................................... 26 6.3. Limitation on Liens ........................................... 38 Fundamental Changes........................................................................... 26 6.4. Prohibitions on Fundamental Changes ........................... 39 6.5. Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Assets................................................................................ 26 6.5.

Appears in 1 contract

Samples: Credit Agreement (Onyx Acceptance Corp)

Limitation on Debt. 38 6.3. 72 8.2 Limitation on Liens ........................................... 38 6.4. Prohibitions Liens......................................................................... 73 8.3 Limitation on Guarantee Obligations......................................................... 73 8.4 Acquisitions................................................................................ 73 8.5 Limitation on Mergers, other Fundamental Changes ........................... 39 6.5. Limitation on or Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations Assets.......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 4073 8.6

Appears in 1 contract

Samples: Credit Agreement (Aspect Communications Corp)

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Limitation on Debt. 38 6.3. 74 8.2 Limitation on Liens ........................................... 38 6.4. Prohibitions Liens............................................................................75 8.3 Limitation on Guarantee Obligations............................................................76 8.4 Acquisitions...................................................................................76 8.5 Limitation on Mergers, other Fundamental Changes ........................... 39 6.5. Limitation on or Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Assets.............................76 8.6

Appears in 1 contract

Samples: Revolving Credit Agreement (Ha Lo Industries Inc)

Limitation on Debt. 38 28 6.2. Limitation on Liens................................................28 6.3. Limitation on Liens ........................................... 38 Fundamental Changes..................................28 6.4. Prohibitions on Fundamental Changes ........................... 39 6.5. Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Assets.......................................28 6.5.

Appears in 1 contract

Samples: Funding Agreement (Onyx Acceptance Corp)

Limitation on Debt. 38 6.3. 7.2 Limitation on Liens ........................................... 38 6.4. Prohibitions Liens........................................................................ 39 7.3 Limitations on Fundamental Changes ........................... Changes......................................................... 39 6.5. 7.4 Limitation on Sale of Assets .................................. Assets............................................................... 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 407.5

Appears in 1 contract

Samples: Credit Agreement (Enterprise Products Partners L P)

Limitation on Debt. 38 6.334 10.5. Limitation on Liens ........................................... 38 6.4Liens..........................................34 10.6. Prohibitions on Fundamental Changes ........................... 39 6.5Mergers, Consolidations, etc.................................36 10.7. Limitation on Sale of Assets .................................. 39 6.6Assets, etc..........................................37 10.8. Prohibitions Restrictions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation Dividends of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Subsidiaries, etc...............37 10.9.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Cornell Corrections Inc)

Limitation on Debt. 38 21 6.2. Limitation on Liens................................................ 22 6.3. Limitation on Liens ........................................... 38 Fundamental Changes.................................. 22 6.4. Prohibitions on Fundamental Changes ........................... 39 6.5. Limitation on Sale of Assets .................................. 39 6.6. Prohibitions on Acquisitions .................................. 40 6.7. Prohibition on Distributions .................................. 40 6.8. Limitation on Contingent Obligations .......................... 40 6.9. Transactions with Affiliates .................................. 40 6.10. Continuation of or Change in Business ......................... 40 6.11. Preservation of Status of Collateral .......................... 40Assets....................................... 22 6.5.

Appears in 1 contract

Samples: Credit Agreement (Onyx Acceptance Corp)

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