Common use of Sharing Agreement Clause in Contracts

Sharing Agreement. The Guarantor shall not permit any Restricted Subsidiary to incur Priority Indebtedness or to issue a Restricted Subsidiary Guarantee without requiring that the lender of such Indebtedness or beneficiary of such Restricted Subsidiary Guarantee execute the Sharing Agreement at the time of such incurrence of Indebtedness.

Appears in 2 contracts

Samples: Note Agreement (Oneida LTD), Note Agreement (Oneida LTD)

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Sharing Agreement. The Guarantor Company shall not permit any Restricted Subsidiary to incur Priority Indebtedness or to issue a Restricted Subsidiary Guarantee without requiring that the lender of such Indebtedness or beneficiary of such Restricted Subsidiary Guarantee execute the Sharing Agreement at the time of such incurrence of Indebtedness."

Appears in 1 contract

Samples: Note Agreement (Oneida LTD)

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Sharing Agreement. The Guarantor Company shall not permit any Restricted Subsidiary to incur Priority Indebtedness or to issue a Restricted Subsidiary Guarantee without requiring that the lender of such Indebtedness or beneficiary of such Restricted Subsidiary Guarantee execute the Sharing Agreement at the time of such incurrence of Indebtedness.

Appears in 1 contract

Samples: Note Agreement (Oneida LTD)

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