Examples of Permitted Holdings Debt in a sentence
Neither Holdings nor the ------------------------------- Borrower will, nor will it permit any Subsidiary Loan Party to, amend, modify or waive any of its rights or obligations under (a) any Intercompany Agreement, (b) its certificate or articles of incorporation, by-laws or other organizational documents, (c) the ChaseTel Purchase Agreement, or (d) any agreement or instrument governing or evidencing any Permitted Holdings Debt, FCC Debt or Eligible Parent Debt.
Holdings shall not engage in any other activity than the ownership of the capital stock of its Subsidiaries and the incurrence of Permitted Holdings Debt and activities incidental thereto.
Create, incur, assume or suffer to exist any Indebtedness, except for (a) Indebtedness owed to a Loan Party, (b) in the case of the Borrower and the Restricted Subsidiaries, Permitted Indebtedness, (c) in the case of Holdings, Permitted Holdings Debt and (d) any Indebtedness resulting from Contingent Obligations permitted by Section 8.3.
Neither Holdings nor the Borrower will, nor will they permit any Subsidiary to, amend, modify or waive any of its rights under (a) any Permitted Debt Document, (b) its certificate of incorporation, by-laws or other organizational documents, (c) the Management Agreement and (d) any indenture, agreement or other instrument evidencing or governing any Permitted Holdings Debt, in each case in any manner that is adverse in any material respect to the interests of the Lenders or the Loan Parties.
Holdings shall not in any event incur or permit to exist any Indebtedness for borrowed money other than (i) Non-Cash Pay Holdings Debt, (ii) Permitted Holdings Debt and (iii) the Guarantee Obligations referred to in clause (a)(ii)(v)(B) above; provided, however, that in the case of Permitted Holdings Debt, other than Initial Base PHD, the PHD Issuance Conditions are satisfied at the time of any such issuance of Permitted Holdings Debt.