Common use of Limitation on Issuances of Guarantees of Indebtedness Clause in Contracts

Limitation on Issuances of Guarantees of Indebtedness. (a) From and after the Effective Date, the Company will not cause or permit any of its Subsidiaries to be an obligor or a guarantor under the Acquired Company Acquisition Facility or the Existing Credit Agreement, unless such Subsidiary is a Guarantor or executes and delivers to the Administrative Agent a Guarantee Assumption Agreement, concurrently with such Subsidiary becoming an obligor or a guarantor under the Acquired Company Acquisition Facility or the Existing Credit Agreement. (b) From and after the Effective Date, the Company will not cause or permit any of its Subsidiaries (other than a Securitization Subsidiary or an Obligor), directly or indirectly, to guarantee any Capital Markets Debt or unsecured Credit Facility (other than Standard Securitization Undertakings in connection with a Qualified Securitization Financing) of the Company or any other Obligor (other than the Acquired Company or any of its subsidiaries) unless such Subsidiary, within five Business Days of the date on which it guarantees Capital Markets Debt or an unsecured Credit Facility of the Company or any other Obligor (other than the Acquired Company or any of its subsidiaries), executes and delivers to the Administrative Agent a Guarantee Assumption Agreement.

Limitation on Issuances of Guarantees of Indebtedness. (a) From and after the Effective Transaction Closing Date, neither the Company nor AerCap will not cause or permit any of its Subsidiaries AerCap Subsidiary to be an obligor or a guarantor under the Acquired Company Acquisition Facility or the Existing Credit AgreementFacility, unless such AerCap Subsidiary is a Guarantor or executes and delivers to the Administrative Agent a Guarantee Assumption Agreement, concurrently with such AerCap Subsidiary becoming an obligor or a guarantor under the Acquired Company Acquisition Facility or the Existing Credit AgreementFacility. (b) From and after the Effective Transaction Closing Date, neither the Company nor AerCap will not cause or permit any of its Subsidiaries AerCap Subsidiary (other than a Securitization Subsidiary or an Obligor), directly or indirectly, to guarantee any Capital Markets Debt or unsecured Credit Facility (other than Standard Securitization Undertakings in connection with a Qualified Securitization Financing) of the Company AerCap or any other Obligor (other than the Acquired Company or any of its subsidiariesSubsidiary) unless such AerCap Subsidiary, within five Business Days of the date on which it guarantees Capital Markets Debt or an unsecured Credit Facility of the Company AerCap or any other Obligor (other than the Acquired Company or any of its subsidiariesSubsidiary), executes and delivers to the Administrative Agent a Guarantee Assumption Agreement.

Limitation on Issuances of Guarantees of Indebtedness. (a) From and after the Effective Closing Date, the Company will not cause or permit any of its Subsidiaries to be an obligor or a guarantor under the Acquired Company ILFC Acquisition Facility or the Existing Credit AgreementAIG Facility, unless such Subsidiary is a Guarantor or executes and delivers to the Administrative Agent a Guarantee Assumption Agreement, concurrently with such Subsidiary becoming an obligor or a guarantor under the Acquired Company ILFC Acquisition Facility or the Existing Credit AgreementAIG Facility, as applicable. (b) From and after the Effective Closing Date, the Company will not cause or permit any of its Subsidiaries (other than a Securitization Subsidiary or an Obligor), directly or indirectly, to guarantee any Capital Markets Debt or unsecured Credit Facility (other than Standard Securitization Undertakings in connection with a Qualified Securitization Financing) of the Company or any other Obligor (other than the Acquired Company Financing Trust (or, if the Financing Trust does not exist, ILFC) or any of its subsidiaries) unless such Subsidiary, within five Business Days of the date on which it guarantees Capital Markets Debt or an unsecured Credit Facility of the Company or any other Obligor (other than the Acquired Company Financing Trust (or, if the Financing Trust does not exist, ILFC) or any of its subsidiaries), executes and delivers to the Administrative Agent a Guarantee Assumption Agreement.