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. (b) Paragraph (a) above does not apply to: (i) a Permitted Loan; or (ii) a Permitted Transaction.
Appears in 11 contracts
Samples: Financing Agreement, Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.), Amendment and Restatement Agreement (Genesco Inc)
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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 6 contracts
Samples: Term Loan Credit Agreement (CGG), Credit Agreement (CGG), Amendment and Restatement Agreement (CGG)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 5 contracts
Samples: Facility Agreement, Senior Facilities Agreement (OpSec Holdings), Facilities Agreement (StarTek, 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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 5 contracts
Samples: Loan Agreement (International Game Technology PLC), Loan Agreement (International Game Technology PLC), Loan Agreement (International Game Technology PLC)
Loans or credit. (a) Except as permitted under paragraph (b) below, no 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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) Loan or a Permitted Transaction.
Appears in 5 contracts
Samples: Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or;
(ii) a Permitted Guarantee; or
(iii) a Permitted Transaction.
Appears in 3 contracts
Samples: Facility Agreement (WuXi PharmaTech (Cayman) Inc.), Facility Agreement (Giant Interactive Group 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 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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 2 contracts
Samples: Revolving Credit Agreement (CGG Veritas), Term Facility Agreement (CGG Veritas)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 2 contracts
Samples: Senior Facilities Agreement (Melco Crown Entertainment LTD), Senior Facilities Agreement (Melco Crown Entertainment LTD)
Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor shall (and the Parent Issuer shall ensure that no member of the other Group Company will) be a creditor in respect of any Financial Indebtedness.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 2 contracts
Samples: Note Subscription Agreement (CorpAcq Group PLC), Note Subscription Agreement (CorpAcq Group PLC)
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.
(b) Paragraph (a) above does not apply toto any loan or credit granted:
(i) by the Borrower or a Permitted Loanmember of the Group in favour of the Borrower or other member of the Group, an Affiliate of the Borrower or any entity which owns a Material Property; orand
(ii) a Permitted Transactionin the ordinary course of business of the Group.
Appears in 2 contracts
Samples: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources 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.
(b) Paragraph (a) above does not apply to:
(i) to any loan that is a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 2 contracts
Samples: Revolving Facilities Agreement (Molson Coors Brewing Co), Unsecured Uncommitted Revolving Facilities Agreement (Molson Coors Brewing Co)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or;
(ii) a Permitted TransactionPayment; or
(iii) a Permitted Guarantee.
Appears in 2 contracts
Samples: Senior Facilities Agreement (NDS Group PLC), Mezzanine Facility Agreement (NDS Group PLC)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 2 contracts
Samples: Supplemental Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications 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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Senior Facilities Agreement (Melco PBL Entertainment (Macau) LTD)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Bridge Facility Agreement (Nordic Telephone CO ApS)
Loans or credit. (aA) Except as permitted under paragraph (bB) 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.
(bB) Paragraph (aA) above does not apply to:
(i1) a Permitted Loan; or
(ii2) a Permitted Transaction.
Appears in 1 contract
Samples: Multicurrency Revolving Facility Agreement (Endava PLC)
Loans or credit. (a) Except as permitted under paragraph (b) below, no Obligor Credit Party 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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Credit Agreement (Home Inns & Hotels Management Inc.)
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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a , Permitted TransactionPayment or Permitted Guarantee.
Appears in 1 contract
Samples: Senior Facilities Agreement (Central European Distribution Corp)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Deed of Amendment Agreement (RISE Education Cayman 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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Senior Term Loan Facilities Agreement (Anooraq Resources Corp)
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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Senior Facility 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 member of the Group will) be a creditor in respect of any Financial Indebtedness.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or;
(ii) a Permitted Payment;
(iii) a Permitted Guarantee; or
(iv) a Permitted Transaction.
Appears in 1 contract
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 Company will) be a creditor in respect of any Financial Indebtedness.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; orGuarantee;
(ii) a Permitted Distribution;
(iii) a Permitted Loan; or
(iv) a Permitted Transaction.
Appears in 1 contract
Samples: Term and Revolving Facilities Agreement (ShangPharma Corp)
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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Single Currency Term Facility Agreement (General Geophysics Co)
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted Transaction.
Appears in 1 contract
Samples: Subscription 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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
(ii) a Permitted TransactionTransaction which is referred to in paragraph (a) of the definition of that term.
Appears in 1 contract
Loans or credit. (a) Except as permitted under paragraph (b) below, no 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.
(b) Paragraph (a) above does not apply to:
(i) to a Permitted Loan; or
(ii) Loan or a Permitted Transaction.
Appears in 1 contract
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.
(b) Paragraph (a) above does not apply to:
(i) a Permitted Loan; or
or (ii) a Permitted Transaction.
Appears in 1 contract
Samples: Supplemental Agreement (Iridium Communications Inc.)
