Common use of Restrictions on Debt Clause in Contracts

Restrictions on Debt. (a) Create, incur or assume any Debt, or make any voluntary prepayments of any Debt in respect of which it is an obligor, (b) enter into, acquiesce, suffer or permit any amendment, restatement or other modification of the documentation evidencing and/or securing any Debt under which it is an obligor or (c) increase the amount of any Debt existing as of the Closing Date; except with respect to the following (singly and collectively, “Permitted Debt”):

Appears in 10 contracts

Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

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Restrictions on Debt. (a) Create, incur or assume any Debt, or make any voluntary prepayments of any Debt in respect of which it is an obligor, (b) enter into, acquiesce, suffer or permit any amendment, restatement or other modification of the documentation evidencing and/or securing any Debt under which it is an obligor or (c) increase the amount of any Debt existing as of the Closing Date; except with respect to the following (singly and collectively, “Permitted Debt”): 8.4.1 Debt under this Agreement. The Obligations; 8.4.2 [Reserved].

Appears in 1 contract

Samples: Loan Agreement (Cedar Realty Trust, Inc.)

Restrictions on Debt. (a) Create, incur or assume any Debt, or make any voluntary prepayments of any Debt in respect of which it is an obligor, (b) enter into, acquiesce, suffer or permit any amendment, restatement or other modification of the documentation evidencing and/or securing any Debt under which it is an obligor or (c) increase the amount of any Debt existing as of the Closing Date; except with respect to the following (singly and collectively, “Permitted Debt”): 8.4.1 Debt under this Agreement

Appears in 1 contract

Samples: Loan Agreement (Cedar Realty Trust, Inc.)

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Restrictions on Debt. (ai) Create, incur or assume any Debt, or make any voluntary prepayments of any Debt in respect of which it is an obligor, (bii) enter into, acquiesce, suffer or permit any amendment, restatement or other modification of the documentation evidencing and/or securing any Debt under which it is an obligor or obligor, (ciii) increase the amount of any Debt existing as of the Closing Date; except with respect to the following (but only to the consistent, or allowed under, with the Plan of Liquidation) (singly and collectively, "Permitted Debt"):

Appears in 1 contract

Samples: Loan Agreement (Shelbourne Properties I Inc)

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