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

Limitation on Issuances of Guarantees of Indebtedness by Restricted Subsidiaries. (a) No Restricted Subsidiary (other than the Company, the Permitted Affiliate Parent or a Guarantor) shall, guarantee or otherwise become obligated under any Indebtedness under the Super Senior Credit Facilities Agreement, the Existing Senior Secured Notes, the Existing Senior Secured Indentures, the Existing Senior Notes or the Existing Senior Indentures or guarantee any other Indebtedness of the Company or a Guarantor after the 2017 Amendment Effective Date in an amount in excess of €50.0 million unless such Restricted Subsidiary is or becomes an Additional Guarantor on the date on which such other guarantee or Indebtedness is Incurred (or as soon as reasonably practicable thereafter) and, if applicable, executes and delivers to the Facility Agent an Obligor Accession Agreement pursuant to which such Restricted Subsidiary will provide a Facilities Guarantee (which Facilities Guarantee shall be senior to or pari passu with such Restricted Subsidiary’s guarantee of such other Indebtedness); provided that,

Appears in 3 contracts

Samples: And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC), Additional Facility Accession Agreement (Liberty Global PLC)

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Limitation on Issuances of Guarantees of Indebtedness by Restricted Subsidiaries. (a) No Restricted Subsidiary (other than the Company, the Permitted Affiliate Parent or a Guarantor) shall, guarantee or otherwise become obligated under any Indebtedness under the Super Senior Credit Facilities Agreement, the Existing Senior Secured Notes, the Existing Senior Secured Indentures, the Existing Senior Notes or the Existing Senior Indentures or guarantee any other Indebtedness of the Company or a Guarantor after the 2017 Amendment Effective Date in an amount in excess of €50.0 million unless such Restricted Subsidiary is or becomes an Additional Guarantor on the date on which such other guarantee or Indebtedness is Incurred (or as soon as reasonably practicable thereafter) and, if applicable, executes and delivers to the Facility Agent an Obligor Accession Agreement pursuant to which such Restricted Subsidiary will provide a Facilities Guarantee (which Facilities Guarantee shall be senior to or pari passu with such Restricted Subsidiary’s guarantee of such other Indebtedness); provided that,

Appears in 1 contract

Samples: And Restatement Agreement (Liberty Global PLC)

Limitation on Issuances of Guarantees of Indebtedness by Restricted Subsidiaries. (a) No Restricted Subsidiary (other than the Company, the a Permitted Affiliate Parent or a Guarantor) shall, guarantee or otherwise become obligated under any Indebtedness under the Super Senior Credit Facilities Agreement, the Existing Senior Secured Notes, the Existing Senior Secured Notes Indentures, the Existing Senior Notes or the Existing Senior Indentures or guarantee any other Indebtedness of the Company Company, a Permitted Affiliate Parent or a Guarantor after the 2017 First Amendment Effective Date in an amount in excess of €50.0 million unless such Restricted Subsidiary is or becomes an Additional Guarantor on the date on which such other guarantee or Indebtedness is Incurred (or as soon as reasonably practicable thereafter) and, if applicable, executes and delivers to the Facility Agent an Obligor Accession Agreement pursuant to which such Restricted Subsidiary will provide 252 a Facilities Guarantee (which Facilities Guarantee shall be senior to or pari passu with such Restricted Subsidiary’s guarantee of such other Indebtedness); provided that,:

Appears in 1 contract

Samples: Restatement Agreement (Liberty Global PLC)

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Limitation on Issuances of Guarantees of Indebtedness by Restricted Subsidiaries. (a) No Restricted Subsidiary (other than the Company, the a Permitted Affiliate Parent or a Guarantor) shall, guarantee or otherwise become obligated under any Indebtedness under the Super Senior Credit Facilities Agreement, the Existing Senior Secured Notes, the Existing Senior Secured Notes Indentures, the Existing Senior Notes or the Existing Senior Indentures or guarantee any other Indebtedness of the Company Company, a Permitted Affiliate Parent or a Guarantor after the 2017 First Amendment Effective Date in an amount in excess of €50.0 million unless such Restricted Subsidiary is or becomes an Additional Guarantor on the date on which such other guarantee or Indebtedness is Incurred (or as soon as reasonably practicable thereafter) and, if applicable, executes and delivers to the Facility Agent an Obligor Accession Agreement pursuant to which such Restricted Subsidiary will provide a Facilities Guarantee (which Facilities Guarantee shall be senior to or pari passu with such Restricted Subsidiary’s guarantee of such other Indebtedness); provided that,:

Appears in 1 contract

Samples: Facilities Agreement (Liberty Global PLC)

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