Common use of Limitation on Subordinated Indebtedness Clause in Contracts

Limitation on Subordinated Indebtedness. The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, incur Subordinated Indebtedness without the consent of the holders of the majority of the Notes (calculated subject to Section 6.04 (Requisite Aggregate Principal Amount; Company-Owned Notes Disregarded)).

Appears in 2 contracts

Samples: Subscription Agreement (Oatly Group AB), Subscription Agreement (Oatly Group AB)

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Limitation on Subordinated Indebtedness. The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, incur Subordinated Indebtedness without the consent of the holders of the majority of the Notes (calculated subject to Section 6.04 8.04 (Requisite Aggregate Principal Amount; Company-Owned Notes Disregarded)).

Appears in 2 contracts

Samples: Indenture Agreement (Oatly Group AB), Indenture Agreement (Oatly Group AB)

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Limitation on Subordinated Indebtedness. The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, incur Subordinated Indebtedness without the consent of the holders of the majority of the Notes (calculated determined subject to Section 6.04 8.04 (Requisite Aggregate Principal Amount; Company-Owned Notes Disregarded)).

Appears in 1 contract

Samples: Indenture Agreement (Oatly Group AB)

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