Common use of Limitation on Guarantees of Debt by Restricted Subsidiaries Clause in Contracts

Limitation on Guarantees of Debt by Restricted Subsidiaries. 9.1 The Company will not permit any Restricted Subsidiary that is not a Guarantor, directly or indirectly, to guarantee, assume or in any other manner become liable for the payment of any Debt of the Company or any Guarantor (other than the Debt under the Finance Documents), unless: (a) (i) such Restricted Subsidiary simultaneously accedes to this Agreement as a Guarantor; and

Appears in 6 contracts

Samples: Revolving Facility Agreement (Nord Anglia Education, Inc.), Amendment and Restatement Agreement (Nord Anglia Education, Inc.), Senior Revolving Facility Agreement (Nord Anglia Education, Inc.)

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Limitation on Guarantees of Debt by Restricted Subsidiaries. 9.1 6.1 The Company will shall not permit any Restricted Subsidiary that is not a Guarantor, directly or indirectly, to guarantee, assume or in any other manner become liable for the payment of any Debt of the Company or any Guarantor (other than the Debt under the Finance DocumentsDocuments and under the Notes), unless: (a) (i) such Restricted Subsidiary simultaneously accedes to satisfies the requirements of Clause 26.4 (Additional Guarantors) of this Agreement as a GuarantorAgreement; and

Appears in 1 contract

Samples: Facility Agreement (InterXion Holding N.V.)

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