Common use of Subsidiary Indebtedness Clause in Contracts

Subsidiary Indebtedness. The Parent will not permit any Subsidiary that is not a Loan Party to create, incur, assume or permit to exist any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary), except:

Appears in 9 contracts

Samples: Assignment and Assumption (Willis Towers Watson PLC), Term Loan Agreement (Willis Group Holdings PLC), Credit Agreement (Willis Group Holdings PLC)

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Subsidiary Indebtedness. The Parent will not permit any Restricted Subsidiary that is not a Loan Party to create, incur, assume incur or permit suffer to exist any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary)Indebtedness, except:

Appears in 3 contracts

Samples: Credit Agreement (Cameron International Corp), Credit Agreement (Cameron International Corp), Credit Agreement (Cameron International Corp)

Subsidiary Indebtedness. The Parent will not permit any Subsidiary that is not a Loan Party (other than the Borrower) to create, incur, assume or permit suffer to exist exist, any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary)Indebtedness, exceptother than:

Appears in 3 contracts

Samples: Credit Agreement (Macy's, Inc.), Credit Agreement (Macy's, Inc.), Credit Agreement (Macy's, Inc.)

Subsidiary Indebtedness. The Parent and the Company each will not permit any Subsidiary that is not a Loan Party to Subsidiary Guarantor to, create, incur, assume or permit to exist any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary)Indebtedness, except:

Appears in 3 contracts

Samples: Credit Agreement (Signet Jewelers LTD), Credit Agreement (Signet Jewelers LTD), Credit Agreement (Signet Jewelers LTD)

Subsidiary Indebtedness. The Parent will not permit any Subsidiary that is not a Loan Party (other than the Borrower) to create, incur, assume or permit suffer to exist exist, any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary)Indebtedness, exceptother than:

Appears in 2 contracts

Samples: Credit Agreement (Macy's, Inc.), Credit Agreement (Macy's, Inc.)

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Subsidiary Indebtedness. The Parent will not permit any Subsidiary that is not a Loan Party to create, incur, assume or permit to exist any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary)Indebtedness, except:

Appears in 1 contract

Samples: Loan Agreement (NetApp, Inc.)

Subsidiary Indebtedness. The Neither Holdings nor the Parent Borrower will not permit any Subsidiary that is not a Loan Guarantee Party to create, incur, assume or permit to exist any Indebtedness (including pursuant to any Guarantee of Indebtedness of the Parent or another Subsidiary)Indebtedness, except:

Appears in 1 contract

Samples: Credit Agreement (J C Penney Co Inc)

Subsidiary Indebtedness. The Parent will not permit any Subsidiary that is not a Loan Party to create, incur, assume or permit to exist any Indebtedness (including pursuant to any Guarantee by a Subsidiary of Indebtedness of the Parent or another SubsidiaryBorrowers), except:

Appears in 1 contract

Samples: Credit Agreement (Diamond Offshore Drilling Inc)

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