Common use of Other Indebtedness Clause in Contracts

Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 8 contracts

Samples: Transfer and Servicing Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Transfer and Servicing Agreement (HSBC Credit Card Master Note Trust (Usa) I), Pooling and Servicing Agreement (Travelers Bank Credit Card Master Trust I)

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Other Indebtedness. Such The Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Partners First Receivables Funding Corp), Pooling and Servicing Agreement (Partners First Receivables Funding Corp), Pooling and Servicing Agreement (Credit Card Receivables Funding Corp)

Other Indebtedness. Such Except as contemplated by the Receivables Purchase Agreement, Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to contemplated by the Revolving Credit Agreement Transaction Documents or (ii) the Rating Agency is Agencies are provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 4 contracts

Samples: Transfer Agreement (Bread Financial Holdings, Inc.), Transfer and Servicing Agreement, Transfer and Servicing Agreement (Alliance Data Systems Corp)

Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to contemplated by the Revolving Credit Agreement Transaction Documents or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Signet Jewelers LTD), Transfer and Servicing Agreement (Signet Group PLC), Transfer and Servicing Agreement (Advanta Business Recievables Corp)

Other Indebtedness. Such Transferor shall not incur any ------------------ additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (Household Credit Card Master Note Trust I), Transfer and Servicing Agreement (Household Credit Card Master Note Trust I)

Other Indebtedness. Such Except as contemplated by the Receivables Purchase Agreement, the Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to contemplated by the Revolving Credit Agreement Transaction Documents or (ii) the Rating Agency is Agencies are provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (World Financial Network Credit Card Master Trust)

Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to contemplated by the Revolving Credit Agreement Transaction Documents or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.the

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Advanta Business Recievables Corp)

Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nextcard Inc)

Other Indebtedness. Such Transferor if it is an entity subject to the Bankruptcy Code shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Conseco Finance Credit Card Funding Corp)

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Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement Agreement, (ii) such debt is contemplated by the Transaction Documents or (iiiii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Associates Credit Card Receivables Corp)

Other Indebtedness. Such Transferor if it is an entity subject to the Bankruptcy Code shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Conseco Finance Credit Funding Corp)

Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to the Revolving Credit Agreement or (ii) the Rating Agency and each Controlling Entity is provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating AgencyAgency and each Controlling Entity) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Household Consumer Loan Corp Ii)

Other Indebtedness. Such Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to contemplated by the Revolving Credit Agreement Transaction Documents or (ii) the Rating Agency is Agencies are provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (World Financial Network Credit Card Master Trust)

Other Indebtedness. Such The Transferor shall not incur any additional debt, unless (i) such debt is incurred pursuant to contemplated by the Revolving Credit Agreement Transaction Documents or (ii) the Rating Agency is Agencies are provided with notice no later than the fifth Business Day prior to the incurrence of such additional debt (unless the right to such notice is waived by the Rating Agency) and the Rating Agency Condition is satisfied with respect to the incurrence of such debt.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (World Financial Network Credit Card Master Trust)

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