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

Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. The Parent shall not permit any Restricted Subsidiary that is not a Guarantor to guarantee the payment of any Indebtedness of the Parent, any Issuer or any Subsidiary Guarantor unless:

Appears in 7 contracts

Samples: Indenture (OUTFRONT Media Inc.), Indenture (OUTFRONT Media Inc.), Indenture (OUTFRONT Media Inc.)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. (a) The Parent Guarantor shall not permit any Restricted Subsidiary that is not a Guarantor Guarantor, directly or indirectly, to guarantee guarantee, assume or in any other manner become liable for the payment of any Indebtedness of the ParentParent Guarantor, the Company (other than the Notes) or a Subsidiary Guarantor under any Issuer Credit Facility or any Subsidiary Guarantor other Indebtedness, unless:

Appears in 3 contracts

Samples: Senior Subscription Agreement (TPG Advisors IV, Inc.), Facility Agreement (TPG Advisors IV, Inc.), Facility Agreement (TPG Advisors IV, Inc.)

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Limitation on Guarantees of Indebtedness by Restricted Subsidiaries. (a) The Parent Guarantor shall not permit any of its Restricted Subsidiary that is not a Guarantor Subsidiaries to guarantee guarantee, assume or in any other manner become liable for the payment of any Indebtedness of the Parent, any Issuer Parent Guarantor or any Subsidiary Guarantor the Company (other than the Notes) unless:

Appears in 1 contract

Samples: Facility Agreement (TPG Advisors IV, Inc.)

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