Common use of Restriction of Indebtedness Clause in Contracts

Restriction of Indebtedness. Create, incur, assume or have outstanding any indebtedness for borrowed money or the deferred purchase price of any asset (including obligations under Capitalized Leases), except:

Restriction of Indebtedness. Create, incur, incur or assume or have outstanding any indebtedness for borrowed money or the deferred purchase price of any asset (including obligations under Capitalized Leasescapitalized leases), except:except indebtedness subordinated to all debts, obligations and liabilities of Lyric to Franchisor and its Affiliates pursuant to a subordination agreement on terms and conditions acceptable to Franchisor.

Restriction of Indebtedness. Create, incur, incur or assume or have outstanding any indebtedness for borrowed money or the deferred purchase price of any asset (including obligations under Capitalized Leases), except:except indebtedness subordinated to all debts, obligations and liabilities of OpCo to Franchisor pursuant to a subordination agreement on terms and conditions acceptable to Franchisor;

Restriction of Indebtedness. Create, incur, assume or have outstanding any indebtedness for borrowed money or the deferred purchase price of any asset (including obligations under Capitalized Leases), except:: the Note issued under this Agreement; and