Restrictions on Secured Debt. The Company will not, and will not cause or permit a Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which is secured by:
Appears in 9 contracts
Samples: Supplemental Indenture (M.D.C. Holdings, Inc.), Supplemental Indenture (MDC Holdings Inc), M.D.C. Holdings, Inc.
Restrictions on Secured Debt. The Company will not, and will not cause or permit a any Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which is secured byof:
Appears in 8 contracts
Samples: Twenty Fourth Supplemental Indenture (Horton D R Inc /De/), Twenty First Supplemental Indenture (Horton D R Inc /De/), Twenty Sixth Supplemental Indenture (Horton D R Inc /De/)
Restrictions on Secured Debt. The Company will not, and will not cause or permit a Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which that is secured by:
Appears in 5 contracts
Samples: Eighth Supplemental Indenture (Ryland Group Inc), Indenture (Ryland Group Inc), Third Supplemental Indenture (Ryland Group Inc)
Restrictions on Secured Debt. The Company will shall not, and will shall not cause or permit a Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit (and there shall be no obligation to equally and ratably secure the Notes upon) the creation, incurrence, assumption or guarantee of Secured Debt which is secured by:
Appears in 3 contracts
Samples: Indenture (TRI Pointe Group, Inc.), Indenture (TRI Pointe Group, Inc.), TRI Pointe Group, Inc.
Restrictions on Secured Debt. The Company will shall not, and will shall not cause or permit a Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which is secured by:
Appears in 2 contracts
Samples: Indenture (NVR Inc), Fourth Supplemental Indenture (NVR Inc)
Restrictions on Secured Debt. The Company will not, and will not cause or permit a Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Senior Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which is secured by:
Appears in 1 contract
Restrictions on Secured Debt. The Company will not, and will not cause or permit a Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This restriction does not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which that is secured by:`
Appears in 1 contract
Restrictions on Secured Debt. The Company will not, and will not cause or permit a any Restricted Subsidiary (other than any Finance Subsidiary) to, create, incur, assume or guarantee any Secured Debt unless the Notes will be Securities are secured equally and ratably with (or prior to) such Secured Debt, with certain exceptions. This ; provided that this restriction does shall not prohibit the creation, incurrence, assumption or guarantee of Secured Debt which is secured by:
Appears in 1 contract
Samples: Kb Home
