Common use of Restrictions on Funded Debt of Restricted Subsidiaries Clause in Contracts

Restrictions on Funded Debt of Restricted Subsidiaries. The Company covenants and agrees that it will not permit any Restricted Subsidiary to create, issue, incur, assume, or in any other way become liable for any unsecured Funded Debt unless the Company would be entitled under subparagraph (d) of Section 10.10 of this Indenture to create, issue, incur, ----- assume or guarantee any Secured Debt not specifically permitted under Section 10.10 of this Indenture but for subparagraph (d) thereof in an amount equal to ----- such Funded Debt; provided, however, that the foregoing restriction shall not prevent (i) any Restricted Subsidiary from becoming liable to the Company or to a Wholly-owned Restricted Subsidiary for Funded Debt or (ii) the extension, renewal or refunding of any Funded Debt of any Restricted Subsidiary so long as Consolidated Funded Debt is not thereby increased.

Restrictions on Funded Debt of Restricted Subsidiaries. The Company covenants and agrees that it will not permit any Restricted Subsidiary to create, issue, incur, assume, or in any many other way become liable for any unsecured Funded Debt unless the Company would be entitled under subparagraph (de) of Section 10.10 of this Indenture to create, issue, incur, ----- assume or guarantee any Secured Debt not specifically permitted under Section 10.10 of this Indenture but for subparagraph (de) thereof in an amount equal to ----- such Funded Debt; provided, however, that the foregoing restriction shall not prevent (i) any Restricted Subsidiary from becoming liable to the Company or to a Wholly-owned Restricted Subsidiary for Funded Debt or (ii) the extension, renewal or refunding of any Funded Debt of any Restricted Subsidiary so long as Consolidated Funded Debt is not thereby increased.

Restrictions on Funded Debt of Restricted Subsidiaries. The Company covenants and agrees that it will not permit any Restricted Subsidiary to create, issue, incur, assume, or in any other way become liable for any unsecured Funded Debt unless the Company would be entitled under subparagraph (de) of Section 10.10 of this Indenture to create, issue, incur, ----- assume or guarantee any Secured Debt not specifically permitted under Section 10.10 of this Indenture but for subparagraph (de) thereof in an amount equal to ----- such Funded Debt; provided, however, that the foregoing restriction shall not prevent (i) any Restricted Subsidiary from becoming liable to the Company or to a Wholly-owned Restricted Subsidiary for Funded Debt or (ii) the extension, renewal or refunding of any Funded Debt of any Restricted Subsidiary so long as Consolidated Funded Debt is not thereby increased.

Restrictions on Funded Debt of Restricted Subsidiaries. The Company covenants and agrees that it will not permit any Restricted Subsidiary to create, issue, incur, assume, or in any other way become liable for any unsecured Funded Debt unless the Company would be entitled under subparagraph (d) of Section 10.10 of this Indenture to create, issue, incur, ----- assume or guarantee any Secured Debt not specifically permitted under Section 10.10 of this Indenture but for subparagraph (d) thereof in an amount equal to ----- such Funded Debt; provided, however, that the foregoing restriction shall not prevent (i) any Restricted Subsidiary from becoming liable to the Company or to a Wholly-Wholly- owned Restricted Subsidiary for Funded Debt or (ii) the extension, renewal or refunding of any Funded Debt of any Restricted Subsidiary so long as Consolidated Funded Debt is not thereby increased.