Common use of Ownership of Properties, Indebtedness Clause in Contracts

Ownership of Properties, Indebtedness. The Borrower shall not own, lease, manage or otherwise operate any properties or assets other than in connection with the activities described in Section 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than as may be incurred, created or assumed or as may exist in connection with the activities described in Section 5.1 (including without limitation the Loans and other obligations incurred by the Borrower hereunder).

Appears in 12 contracts

Samples: Credit Agreement (Sabre Holdings Corp), Credit Agreement (Sabre Holdings Corp), Credit Agreement (Veritas Software Corp /De/)

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Ownership of Properties, Indebtedness. The Except as otherwise expressly contemplated by the Trust Agreement, the Borrower shall not own, lease, manage or otherwise operate any properties or assets other than in connection with the activities described in Section 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than as may be incurred, created or assumed or as may exist in connection with the activities described in Section 5.1 (including without limitation the Loans and other obligations incurred by the Borrower hereunder).

Appears in 3 contracts

Samples: Participation Agreement (Lexicon Genetics Inc/Tx), Credit Agreement (Shurgard Storage Centers Inc), Credit Agreement (Dollar Tree Stores Inc)

Ownership of Properties, Indebtedness. The Borrower shall not own, lease, manage or otherwise operate any properties or assets other than in connection with the activities described in Section 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than as may be incurred, created or assumed or as may exist in connection with the activities described in Section 5.1 (including including, without limitation limitation, the Loans and other obligations incurred by the Borrower hereunder).

Appears in 2 contracts

Samples: Credit Agreement (Capital One Financial Corp), Credit Agreement (Capital One Financial Corp)

Ownership of Properties, Indebtedness. The Borrower shall will not own, lease, manage or otherwise operate any properties or assets other than in connection with the activities described in Section 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than as may be incurred, created or assumed or as may exist in connection with the activities described in Section 5.1 (including without limitation the Loans Loan and other obligations incurred by the Borrower hereunder).

Appears in 1 contract

Samples: Credit Agreement (Smart & Final Inc/De)

Ownership of Properties, Indebtedness. The Borrower shall not own, lease, manage or otherwise operate any properties or assets other than the Ancillary Properties or in connection with the activities described in Section SECTION 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than the Bridge Debt or as may be incurred, created or assumed or as may exist in connection with the activities described in Section SECTION 5.1 (including including, without limitation limitation, the Loans and other obligations incurred by the Borrower hereunder).

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

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Ownership of Properties, Indebtedness. The Borrower shall not own, lease, manage or otherwise operate any properties or assets other than in connection with the activities described in Section SECTION 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than as may be incurred, created or assumed or as may exist in connection with the activities described in Section SECTION 5.1 (including including, without limitation limitation, the Loans and other obligations incurred by the Borrower hereunder).

Appears in 1 contract

Samples: Credit Agreement (Aviation Sales Co)

Ownership of Properties, Indebtedness. The Borrower shall not own, lease, manage or otherwise operate any properties or assets other than in connection with the activities described in Section 5.1, or incur, create, assume or suffer to exist any Indebtedness or other consensual liabilities or financial obligations other than as may be incurred, created or assumed or as may exist in connection with the activities described in Section 5.1 (including without limitation the Loans Loans, LOC Reimbursement Amounts and other obligations incurred by the Borrower hereunder).

Appears in 1 contract

Samples: Credit Agreement (Sterile Recoveries Inc)

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