Permitted Guarantees. Notwithstanding the foregoing, AK Steel shall not issue any Refinancing Debt in respect of Subordinated Obligations unless such Refinancing Debt shall be subordinated to the Securities to at least the same extent as such Subordinated Obligations.
Permitted Guarantees. The Credit Agreement is hereby amended to delete Section 9.5(e) therefrom and to insert in place thereof the following:
Permitted Guarantees provided that, in the case of each Financed Enterprise, compliance with the Correlative Financing Provisions shall be deemed to be compliance by such Financed Enterprise with this Section 7.2.3 (provided that, in the event that the Financed Enterprise shall not be in compliance with the Correlative Financing Provisions, this Section 7.2.3 will apply to such Financed Enterprise without giving effect to the Correlative Financing Provision).".
Permitted Guarantees. Guarantees of the Obligors (a) arising from endorsements of Payment Items for collection or deposit in the Ordinary Course of Business; (b) arising from Hedging Agreements permitted hereunder; (c) existing on the Closing Date, and any extension or renewal thereof that does not increase the amount of such Guarantee when extended or renewed; (d) incurred in the Ordinary Course of Business with respect to surety, appeal or performance bonds, or other similar obligations; (e) arising from customary indemnification obligations in favor of purchasers in connection with dispositions of Equipment permitted hereunder; (f) arising under the Loan Documents; (g) of trade payables of another Obligor arising in the Ordinary Course of Business or (h) in an aggregate amount of $100,000 or less at any time.
Permitted Guarantees. Sections 11.2, 11.3, 11.4 and 11.8(e) are hereby amended in their entirety to henceforth read as follows:
Permitted Guarantees. Section 9.5(e) of the Credit Agreement is amended by add ing a clause thereto with respect to certain guarantees, with the result that section 9.5(e) of the Credit Agreement, as so amended, reads in its entirety as follows:
Permitted Guarantees. Country Company Currency Amount Description ----------------------------------------------------------------------------------------------------------------------- Austria Dr Puttner Bates ATS 600,000 Guarantee givxx xx xxx cxxxxxy for rent ----------------------------------------------------------------------------------------------------------------------- Greece Bates Hellas GRD 200,000,000 Indemnities xxxxided in respect of a guarantee issued under guarantee facility provided by Euromerchant bank ----------------------------------------------------------------------------------------------------------------------- Greece Bates Hellas GRD 150,000,000 Indemnities xxxxided in respect of a guarantee issued under guarantee facility provided by Xios bank, renamed Peraeus bank (secured 50% on post dated bills) ----------------------------------------------------------------------------------------------------------------------- Greece Bates Hellas GRD 250,000,000 Indemnities xxxxided in respect of a guarantee issued under guarantee facility provided by ABN AMRO bank ----------------------------------------------------------------------------------------------------------------------- Hong Kong Bates Hong Kong HKD 100,000 Guarantee prxxxxxd to SCMP in respect of Zenith Media ----------------------------------------------------------------------------------------------------------------------- Italy 141 Italia ITL 17,725,000 Indemnities provided in respect of a guarantee provided by BCI to Zurigo Assurance ----------------------------------------------------------------------------------------------------------------------- Italy Bates Italia ITL 131,450,000 Indemnities xxxxided in respect of a guarantee provided by BCI to Zurigo Assurance ----------------------------------------------------------------------------------------------------------------------- Italy Plan Design ITL 5,893,750 Guarantee in favour of Italian Finance Ministry ----------------------------------------------------------------------------------------------------------------------- Italy Ted Bates WW ITL 104,055,000 Guarantee in xxxxxx of Italian Finance Ministry ----------------------------------------------------------------------------------------------------------------------- Italy Bates Italia ITL 5,000,000 Indemnities xxxxided in respect of a guarantee provided by BCI on behalf of Italian Police department -----------------------------------------------------------------------------...
Permitted Guarantees. (b) The Borrower will not permit the Collateral Parties (and each Subsidiary of a Collateral Party) and will use reasonable efforts to not permit its Joint Enterprises (to the extent consistent with such Collateral Party’s or such Subsidiary of a Collateral Party’s obligations to other members of such Joint Enterprise) to create, incur, assume or suffer to exist any Indebtedness other than:
Permitted Guarantees. The Guarantees of up to $150,000,000 in principal amount of the Senior Debt and of up to $30,000,000 in principal amount of the Hydro Debt of even date herewith made by the Borrowers and Holding, as in effect and delivered to the Administrative Agent on the date hereof, without any amendments or modifications thereto.
Permitted Guarantees. (e) Section 4.7 of the Indenture shall be amended as follows:
