Common use of Limitation on Indebtedness and Disqualified Stock Clause in Contracts

Limitation on Indebtedness and Disqualified Stock. (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, create, incur, assume, guarantee or in any manner become directly or indirectly liable for the payment of (collectively, “incur”) any Indebtedness (including any Acquired Indebtedness), and the Company shall not, and shall not permit any of its Restricted Subsidiaries to, issue any Disqualified Capital Stock.

Appears in 5 contracts

Samples: Securities Purchase Agreement, Supplemental Indenture, Securities Purchase Agreement

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