Limitation on Subsidiary Debt. (a) The Borrower shall not permit any Subsidiary to Incur, assume or otherwise cause or suffer to exist, directly or indirectly, any Debt.
Appears in 2 contracts
Samples: Credit Agreement (Cogentrix Energy Inc), Credit Agreement (Cogentrix Energy Inc)
Limitation on Subsidiary Debt. (a) The Borrower shall not permit any Subsidiary to Incurcreate, assume assume, incur, guarantee or otherwise cause or suffer to exist, directly or indirectly, become liable in respect of any Debt.Debt except:
Appears in 2 contracts
Samples: Credit Agreement (Grainger W W Inc), Credit Agreement (Grainger W W Inc)
Limitation on Subsidiary Debt. (a) The Borrower shall not permit any Subsidiary to Incur, assume or otherwise cause or suffer to exist, directly or indirectly, any Debt.
Appears in 1 contract
Limitation on Subsidiary Debt. (a) The a)The Borrower shall not permit any Subsidiary to Incur, assume or otherwise cause or suffer to exist, directly or indirectly, any Debt.
Appears in 1 contract
