Limitation on Non-Material Subsidiary Debt Sample Clauses

Limitation on Non-Material Subsidiary Debt. The Canadian Borrower shall not, and shall not permit the Subsidiaries who have not provided Security to, incur, assume or otherwise become liable for Debt which, in the aggregate at any time, exceeds the Threshold Amount.
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Limitation on Non-Material Subsidiary Debt. The Borrowers shall not permit any Subsidiaries which have not provided Security to incur, assume or otherwise become liable for, or permit to exist, Debt which, in the aggregate at any time, exceeds the Threshold Amount.

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