Third Party Indebtedness. On the Closing Date, immediately after giving effect to the Closing Date Transactions, neither the Parent Borrower nor any of its Subsidiaries shall have any third party indebtedness other than any such indebtedness permitted by this Agreement to remain outstanding on the Closing Date.
Appears in 3 contracts
Samples: Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Atmus Filtration Technologies Inc.), Credit Agreement (Cummins Inc)
Third Party Indebtedness. On the Closing Date, immediately after giving effect to the Closing Date Transactions, neither none of the Parent Borrower nor or any of its Subsidiaries shall have any third party indebtedness for borrowed money (other than any such indebtedness permitted by (x) the Loans and other extensions of credit under this Agreement to remain outstanding on and (y) the Closing DateSecured Notes).
Appears in 2 contracts
Samples: Credit Agreement (Fortrea Holdings Inc.), Credit Agreement (Fortrea Holdings Inc.)
