Common use of Limitation on Subsidiary Indebtedness Clause in Contracts

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the Subsidiaries of the Company to create, incur, assume or suffer to exist any Indebtedness, except:

Appears in 16 contracts

Samples: Credit Agreement (Humana Inc), Credit Agreement (Humana Inc), Credit Agreement (Humana Inc)

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Limitation on Subsidiary Indebtedness. (a) The Company shall not permit any of the its Subsidiaries of the Company to createIncur, incurdirectly or indirectly, assume or suffer to exist any Indebtedness, exceptIndebtedness other than:

Appears in 7 contracts

Samples: Indenture (Transocean Ltd.), Indenture (Transocean Ltd.), Supplemental Indenture (Transocean Ltd.)

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the its Subsidiaries of the Company to create, incur, assume or suffer to exist Incur any Indebtedness, except:other than

Appears in 7 contracts

Samples: Indenture (Frontier Communications Corp), Supplemental Indenture (Frontier Communications Corp), Indenture (Frontier Communications Corp)

Limitation on Subsidiary Indebtedness. The Company shall will not permit any of the Subsidiaries Subsidiary of the Company to to, directly or indirectly, create, incur, assume assume, guarantee, have outstanding, or suffer to exist otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, exceptIndebtedness other than:

Appears in 6 contracts

Samples: Credit Agreement (Mdu Resources Group Inc), Assignment Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc)

Limitation on Subsidiary Indebtedness. The Company shall not suffer or permit any of the Subsidiaries of the Company to Subsidiary to, create, incur, assume or assume, suffer to exist exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except:

Appears in 3 contracts

Samples: Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp)

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the Subsidiaries of the Company Subsidiary to create, incur, assume or assume, suffer to exist exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except:except Indebtedness, which when added to the Indebtedness secured by Liens permitted under Sections 7.1(d), (e) and (f) shall not exceed 5% of Total Capitalization.

Appears in 3 contracts

Samples: Credit Agreement (Marcus Corp), Credit Agreement (Marcus Corp), Credit Agreement (Marcus Corp)

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the its Subsidiaries of the Company to create, incur, assume or suffer to exist exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except:Indebtedness (excluding obligations in respect of Securitization Transactions at any time outstanding in an aggregate amount in excess of the greater of (a $100,000,000 and (b 12.5% of Total Debt.

Appears in 2 contracts

Samples: Long Term Credit Agreement (Tenneco Packaging Inc), Term Credit Agreement (Tenneco Packaging Inc)

Limitation on Subsidiary Indebtedness. The Company shall will not at any time permit any of the Subsidiaries of the Company to Subsidiary to, directly or indirectly, create, incur, assume assume, guarantee, have outstanding, or suffer otherwise become or remain directly or indirectly liable with respect to exist any Indebtedness, exceptIndebtedness other than:

Appears in 2 contracts

Samples: Intercreditor Agreement (Analysts International Corp), Note Purchase Agreement (Analysts International Corp)

Limitation on Subsidiary Indebtedness. The Company shall will not at any time permit any of the Subsidiaries of the Company to Subsidiary to, directly or indirectly, create, incur, assume guarantee, or suffer to exist otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, exceptIndebtedness other than:

Appears in 2 contracts

Samples: Note Purchase Agreement (Calamos Asset Management, Inc. /DE/), Calamos Asset Management, Inc. /DE/

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the its Subsidiaries of the Company to create, incur, assume or suffer to exist exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, exceptother than:

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Snyder's-Lance, Inc.), Credit Agreement (Snyder's-Lance, Inc.)

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Limitation on Subsidiary Indebtedness. The Company shall not permit any of the its Subsidiaries of the Company to create, incur, assume or suffer to exist Incur any Indebtedness, exceptother than:

Appears in 2 contracts

Samples: Citizens Communications Co, Citizens Communications Co

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the Subsidiaries of the Company Subsidiary to create, incur, assume or assume, suffer to exist exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except:except Indebtedness, which when added to the Indebtedness secured by Liens permitted under Sections 7.1(d), (e) and (f) shall not exceed 20% of Total Capitalization.

Appears in 1 contract

Samples: Credit Agreement (Marcus Corp)

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the Subsidiaries of the Company Subsidiary to create, incur, assume or assume, suffer to exist exist, or otherwise become or remain directly or indirectly liable with respect to, any Indebtedness, except:except Indebtedness, such when added to the Indebtedness secured by Liens permitted under Sections 7.1(d), (e) and (f) shall not exceed 5% of Total Capitalization.

Appears in 1 contract

Samples: Credit Agreement (Marcus Corp)

Limitation on Subsidiary Indebtedness. (a) The Company shall not permit any of the its Subsidiaries of the Company to create, incur, assume directly or suffer to exist indirectly, any Indebtedness, exceptIndebtedness other than:

Appears in 1 contract

Samples: Indenture (Noble Corp)

Limitation on Subsidiary Indebtedness. The Company shall not at any time permit any of the Subsidiaries of the Company Subsidiary to create, assume, incur, assume guarantee or suffer to exist otherwise be or become liable in respect of any Indebtedness, except:

Appears in 1 contract

Samples: Note Purchase Agreement (Snyder's-Lance, Inc.)

Limitation on Subsidiary Indebtedness. The Company shall not permit any of the its Subsidiaries of the Company to create, incur, assume or suffer to exist Incur any Indebtedness, except:other than: Table of Contents

Appears in 1 contract

Samples: Indenture (Citizens Communications Co)

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