Common use of Loans or credit Clause in Contracts

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 14 contracts

Samples: Senior Term Facilities Agreement (NeoGames S.A.), Financing Agreement, Facility Agreement (Orion Engineered Carbons S.a r.l.)

AutoNDA by SimpleDocs

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 9 contracts

Samples: Senior Facilities Agreement (OpSec Holdings), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor the Borrower shall not (and the Parent shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 6 contracts

Samples: Revolving Loan Facility Credit Agreement (Central European Media Enterprises LTD), Term Loan Facility Credit Agreement (CME Media Enterprises B.V.), Revolving Loan Facility Credit Agreement (CME Media Enterprises B.V.)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 6 contracts

Samples: Term Loan Credit Agreement (CGG), Credit Agreement (CGG), Credit Agreement (CGG)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor Borrower shall not (and the Parent shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 5 contracts

Samples: Credit Agreement (Central European Media Enterprises LTD), Amendment and Restatement Agreement (Central European Media Enterprises LTD), Credit Agreement (Central European Media Enterprises LTD)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 5 contracts

Samples: Facilities Agreement (NDS Group PLC), Facility Agreement (InterXion Holding N.V.), Facility Agreement (Westway Group, Inc.)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Obligors shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 5 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no member of the other Group Member will) be a creditor in respect of any Financial Indebtedness.

Appears in 4 contracts

Samples: Facilities Agreement (RISE Education Cayman LTD), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Relevant Obligor shall (and the Parent Company shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 3 contracts

Samples: And Restatement Agreement (Melco Crown Entertainment LTD), Restatement Agreement (Melco Crown Entertainment LTD), Facilities Agreement (Melco PBL Entertainment (Macau) LTD)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the NEXT Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 3 contracts

Samples: Agreement (Iridium Communications Inc.), Coface Facility Agreement (Iridium Communications Inc.), Agreement (Iridium Communications Inc.)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (CGG Veritas), Share Pledge Agreement (CGG Veritas)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the other Material Group Company will) be a creditor in respect of any Financial Indebtedness, or incur, grant or allow to remain outstanding any guarantees (except as required under the Finance Documents) in respect of any Financial Indebtedness.

Appears in 2 contracts

Samples: Credit Facilities Agreement (Gold Fields LTD), Assignment Agreement (Gold Fields LTD)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor Borrower shall (and the Parent each Obligor shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 2 contracts

Samples: Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no member of the other Group Company will) be a creditor in respect of any Financial Indebtedness.

Appears in 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 2 contracts

Samples: Agreement (Cascal N.V.), Share Pledge Agreement (General Geophysics Co)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) be a creditor in respect of make any loans or grant any credit representing Financial Indebtedness.

Appears in 2 contracts

Samples: Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

Loans or credit. (a) Except as permitted under paragraph (b) below, no No Obligor shall (and the Parent shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Management Agreement (Sunrise Senior Living Inc)

AutoNDA by SimpleDocs

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the BST Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Facilities Agreement (International Textile Group Inc)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Company shall ensure procure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Facilities Agreement (Noble International, Ltd.)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor (other than the Parent) shall (and the Parent and the Borrower shall ensure that no member of the Borrower Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Facilities Agreement (Anooraq Resources Corp)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.)

Loans or credit. (a1) Except as permitted under paragraph (bclause 23.9(2) below, no Obligor shall (and the Parent Borrower shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Harmony Gold Mining Co LTD

Loans or credit. (a) Except as permitted under paragraph (b) belowbelow or otherwise agreed or notified by the Lender, no Obligor shall (and the Parent shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Obligors shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Igt Senior Facilities Agreement (International Game Technology PLC)

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Subscription Agreement

Loans or credit. (a) Except as permitted under paragraph (bclause 19.10(b) below, no Obligor shall (and the Parent Company shall ensure that no other member of the Group will) be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Agreement

Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent shall ensure that no member of the Secured Group will) will be a creditor in respect of any Financial Indebtedness.

Appears in 1 contract

Samples: Facilities Agreement (Enstar Group LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.