Common use of Permitted Purchase Money Debt Clause in Contracts

Permitted Purchase Money Debt. (d) Debt arising from performance or appeal bonds or surety obligations required by Applicable Law in connection with the operation of the Properties of any Borrower or any Restricted Subsidiary and in the Ordinary Course of Business;

Permitted Purchase Money Debt. (d) Debt arising from performance bid, performance, stay, custom or appeal bonds or surety obligations arising in the Ordinary Course of Business or required by Applicable Law applicable to an Obligor, in each case in connection with the operation of the Properties of any Borrower Obligor or any Restricted Subsidiary and in the Ordinary Course of Business;

Permitted Purchase Money Debt. (d) Debt arising from performance bid, performance, stay, customs or appeal bonds or surety obligations arising in the Ordinary Course of Business or required by Applicable Law applicable to an Obligor, in each case in connection with the operation of the Properties of any Borrower Obligor or any Restricted Subsidiary and in the Ordinary Course of Business;