Common use of Prohibited Contracts Clause in Contracts

Prohibited Contracts. No Loan Party will enter into any Contractual Obligation (other than this Agreement and other Loan Documents) that limits the ability (i) of any Subsidiary to make Restricted Payments to any other Loan Party or to otherwise transfer property to any other Loan Party, (ii) of any Restricted Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of any Loan Party to create, incur, assume or suffer to exist Liens on property of such Person, provided, however, that

Appears in 4 contracts

Samples: 364 Day Revolving Credit Agreement (Questar Corp), Assignment and Assumption (Questar Corp), 364 Day Revolving Credit Agreement (Questar Corp)

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Prohibited Contracts. No Loan Party will enter into any Contractual Obligation (other than this Agreement and other Loan DocumentsDocuments and, prior to the QEP Spinoff, the QEP Credit Facility) that limits the ability (i) of any Subsidiary to make Restricted Payments to any other Loan Party or to otherwise transfer property to any other Loan Party, (ii) of any Restricted Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of any Loan Party to create, incur, assume or suffer to exist Liens on property of such Person, provided, however, that

Appears in 1 contract

Samples: Revolving Credit Agreement (Questar Corp)

Prohibited Contracts. No Loan Party will enter into any Contractual Obligation (other than this Agreement and or any other Loan DocumentsDocument) that limits the ability (i) of any Subsidiary to make Restricted Payments to any other Loan Party or to otherwise transfer property to any other Loan Party, (ii) of any Restricted Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of any Loan Party to create, incur, assume or suffer to exist Liens on property of such Person, provided, however, that.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Questar Market Resources Inc)

Prohibited Contracts. No Loan Party will enter into any Contractual Obligation (other than this Agreement and other Loan Documents) that limits the ability (i) of any Subsidiary to make Restricted Payments to any other Loan Party or to otherwise transfer property to any other Loan Party, (ii) of any Restricted Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of any Loan Party to create, incur, assume or suffer to exist Liens on property of such Person, ; provided, however, that

Appears in 1 contract

Samples: Senior Unsecured Bridge Loan Agreement (Qep Resources, Inc.)

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Prohibited Contracts. No Loan Party will enter into any Contractual Obligation (other than this Agreement and Agreement, the other Loan DocumentsDocuments and the Dominion Merger Agreement) that limits the ability (i) of any Subsidiary to make Restricted Payments to any other Loan Party or to otherwise transfer property to any other Loan Party, (ii) of any Restricted Subsidiary to Guarantee the Indebtedness of the Borrower or (iii) of any Loan Party to create, incur, assume or suffer to exist Liens on property of such Person, provided, however, that

Appears in 1 contract

Samples: Term Loan Agreement (Questar Corp)

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