Common use of Limitation on Incurrence Clause in Contracts

Limitation on Incurrence. In addition to the limitations on the incurrence or existence of Indebtedness referred to above, no Indebtedness may be incurred by the Borrower or any of its Subsidiaries unless immediately before and after giving effect to the incurrence of such Indebtedness, no Default or Event of Default shall have occurred and be continuing.

Appears in 4 contracts

Samples: Credit Agreement (Vishay Precision Group, Inc.), Credit Agreement (Greatbatch, Inc.), Credit Agreement (Vishay Precision Group, Inc.)

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Limitation on Incurrence. In addition to the limitations on the incurrence or existence of Indebtedness referred to above, no Indebtedness may be incurred by the a Borrower or any of its Subsidiaries unless immediately before and after giving effect to the incurrence of such Indebtedness, no Default or Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Credit Agreement (Vishay Precision Group, Inc.), Credit Agreement (Vishay Precision Group, Inc.)

Limitation on Incurrence. In addition to the limitations on the incurrence or existence of Indebtedness referred to above, no Indebtedness may be incurred by the Borrower or any of its Subsidiaries unless immediately before and after giving effect to the incurrence of such Indebtedness, no Default or Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Credit Agreement (K Tron International Inc)

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Limitation on Incurrence. In addition to the limitations on the incurrence or existence of Indebtedness referred to above, no Indebtedness may be incurred by the Borrower Company or any of its Subsidiaries unless (a) immediately before and after giving effect to the incurrence of such Indebtedness, no Potential Event of Default or Event of Default shall have occurred and be continuingcontinuing and (b) it would not cause a default under the Senior Subordinated Indenture.

Appears in 1 contract

Samples: Credit Agreement (Susquehanna Media Co)

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