Common use of No Material Indebtedness Clause in Contracts

No Material Indebtedness. After giving effect to the repayments and refinancing of Indebtedness of the Loan Parties that shall occur on the Closing Date, (i) the Loan Parties shall have no material Indebtedness other than under the Loan Documents, the Senior Notes, the Partnership Parks Agreements and existing Indebtedness (including certain existing intercompany indebtedness) permitted by Section 9.3 and (ii) the Partnership Parks Entities shall have no material Indebtedness other than the Partnership Parks Revolving Agreements and existing Indebtedness (including certain existing intercompany indebtedness) permitted by Section 9.3.

Appears in 5 contracts

Samples: Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp)

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