Permitted Indirect Obligations definition

Permitted Indirect Obligations is defined in Section 15.4.
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Permitted Indirect Obligations is defined in Section .
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Permitted Indirect Obligations. Indirect Obligations that Borrower may create, incur, assume or allow to exist as permitted in Section 15.4.
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Examples of Permitted Indirect Obligations in a sentence

  • No Covered Person has any Indirect Obligations except existing Permitted Indirect Obligations.

  • No Covered Person has any Indirect Obligations except Permitted Indirect Obligations.

  • Section 16.4 of the Loan Agreement is hereby amended by adding the following language before the words "(collectively, the "Permitted Indirect Obligations")": "and (viii) the guaranty of DTI of the obligations of ▇▇▇▇▇▇▇▇ pursuant to that certain Indemnification and Escrow Agreement among ▇▇▇▇▇▇▇▇, DTI, ▇▇▇▇▇▇▇▇ ▇.

  • Permitted Indirect Obligations -- Indirect Obligations that Borrower is permitted under Section 14.5 to create, incur, assume, or allow to exist.

  • No Borrower has any Indirect Obligations except existing Permitted Indirect Obligations.