Common use of Subsidiaries in South Africa Clause in Contracts

Subsidiaries in South Africa. No Subsidiary of the Company incorporated in South Africa may become an obligor or guarantor under the LC Agreement, Existing Financing Agreements or Notes Financing Agreements. Neither the Company nor any Subsidiary of the Company incorporated in any jurisdiction other than South Africa may become an obligor or guarantor under the South African Facility. The Company will not at any time have any Indebtedness outstanding under which the creditor with respect to such Indebtedness is a member of the South African Group or Pyramid Freight BVI.

Subsidiaries in South Africa. No Subsidiary of the Company incorporated in South Africa may become an obligor or guarantor under the LC Credit Agreement, Existing Financing Agreements or Notes Financing Agreements. Neither the Company nor any Subsidiary of the Company incorporated in any jurisdiction other than South Africa may become an obligor or guarantor under the South African Facility. The Company will not at any time have any Indebtedness outstanding under which the creditor with respect to such Indebtedness is a member of the South African Group or Pyramid Freight BVI.

Subsidiaries in South Africa. No Subsidiary of the Company incorporated in South Africa may become an obligor or guarantor under the LC Agreement, Agreement or Existing Financing Agreements or Notes Financing Agreements. Neither the Company nor any Subsidiary of the Company incorporated in any jurisdiction other than South Africa may become an obligor or guarantor under the South African Facility. The Company will not at any time have any Indebtedness outstanding under which the creditor with respect to such Indebtedness is a member of the South African Group or Pyramid Freight BVI.

Subsidiaries in South Africa. No Subsidiary of the Company incorporated in South Africa may become an obligor or guarantor under the LC Agreement, Existing Financing Agreements Global Credit Facilities or Notes Financing Agreements. Neither the Company nor any Subsidiary of the Company incorporated in any jurisdiction (other than the South Africa African Group (exclusive of Pyramid Freight BVI)) may become an obligor or guarantor under the South African FacilityFacilities. The Company Except as permitted by Section 10.6 or otherwise outstanding on the Effective Date, the Obligors will not at any time have any Indebtedness outstanding under which the creditor with respect is owed to such Indebtedness is a member of the South African Group or Pyramid Freight BVI.. Section 10.12

Subsidiaries in South Africa. No Subsidiary of the Company incorporated in South Africa may become an obligor or guarantor under the LC Agreement, Global Credit Facilities or Existing Financing Agreements or Notes Financing Agreements. Neither the Company nor any Subsidiary of the Company incorporated in any jurisdiction (other than the South Africa African Group (exclusive of Pyramid Freight BVI)) may become an obligor or guarantor under the South African FacilityFacilities. The Company Except as permitted by Section 10.6 or otherwise outstanding on the date hereof, the Obligors will not at any time have any Indebtedness outstanding under which the creditor with respect is owed to such Indebtedness is a member of the South African Group or Pyramid Freight BVI.