Common use of Security, Financial Indebtedness and guarantees Clause in Contracts

Security, Financial Indebtedness and guarantees. (a) No Security exists over all or any of the present or future assets of any member of the Group other than any Security permitted under Clause 20.9 (Negative pledge). (b) No member of the Group has any actual or contingent Financial Indebtedness or any guarantees outstanding other than as permitted by Clause 20.17 (Financial Indebtedness) or Clause 20.13 (No guarantees or indemnities).

Appears in 2 contracts

Samples: Pik Facility Agreement (Nordic Telephone CO ApS), Pik Facility Agreement (Nordic Telephone CO ApS)

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Security, Financial Indebtedness and guarantees. (a) No Security exists over all or any of the present or future assets of any member of the Group other than any Security permitted under Clause 20.9 20.10 (Negative pledge). (b) No member of the Group has any actual or contingent Financial Indebtedness or any guarantees outstanding other than as permitted by Clause 20.17 20.18 (Financial Indebtedness) or Clause 20.13 20.14 (No guarantees Guarantees or indemnitiesIndemnities).

Appears in 2 contracts

Samples: Bridge Facility Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS)

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Security, Financial Indebtedness and guarantees. (a) No Security exists over all or any of the present or future assets of any member of the Group other than any Security permitted under Clause 20.9 25.10 (Negative pledgePledge). (b) No member of the Group has any actual or contingent Financial Indebtedness or any guarantees outstanding other than as permitted by Clause 20.17 25.18 (Financial Indebtedness) or Clause 20.13 25.14 (No guarantees Guarantees or indemnitiesIndemnities).

Appears in 2 contracts

Samples: Senior Facilities Agreement (Nordic Telephone CO ApS), Senior Facilities Agreement (Nordic Telephone CO ApS)

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