Common use of Limitations on Incurrence of Indebtedness Clause in Contracts

Limitations on Incurrence of Indebtedness. The Facility Lessee shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, "INCUR") any Indebtedness other than Subordinated Indebtedness to its Affiliates (PROVIDED that such Indebtedness shall be subject to the terms of the Subordination Agreement) and Permitted Indebtedness.

Limitations on Incurrence of Indebtedness. The Facility Lessee shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, "INCUR") any Indebtedness indebtedness other than Subordinated Indebtedness to its Affiliates (PROVIDED that such Indebtedness shall be subject to the terms of the Subordination Agreement) and Permitted Indebtedness.

Limitations on Incurrence of Indebtedness. The Facility Lessee shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, "INCURincur") any Indebtedness other than Subordinated Indebtedness to its Affiliates (PROVIDED provided that such Indebtedness shall be subject to the terms of the Subordination Agreement) and Permitted Indebtedness.