Incurrence of Additional Indebtedness. The Company will not, and will not permit any of its Subsidiaries to, create, issue, assume, guarantee or otherwise in any manner become liable for or with respect to or otherwise incur (collectively, "incur" and with correlative meaning "incurrence" and "incurred") any Indebtedness without the prior written consent of the Holders of a majority of the outstanding principal balance of the Debentures.
Appears in 1 contract
Sources: Debenture Agreement (Iexalt Inc)
Incurrence of Additional Indebtedness. The Company will shall not, and will shall not permit any of its Subsidiaries to, directly or indirectly, create, incur, issue, assume, guarantee or otherwise in any manner become liable for directly or indirectly liable, contingently or otherwise, with respect to or otherwise incur (collectively, "incur" “Incur” and with correlative meaning "incurrence" and "incurred"collectively an “Incurrence”) any Indebtedness without the prior written consent of the Holders of a majority of the outstanding principal balance of the Debenturesother than Permitted Indebtedness.
Appears in 1 contract
Incurrence of Additional Indebtedness. The Company will shall not, and will shall not cause or permit any of its Subsidiaries Subsidiaries, directly or indirectly, to Incur, or remain or become directly or indirectly liable with respect to, createany Indebtedness, issue, assume, guarantee or otherwise in any manner become liable except for or with respect to or otherwise incur the following (collectively, "incur" and with correlative meaning Permitted Indebtedness"incurrence" and "incurred") any Indebtedness without the prior written consent of the Holders of a majority of the outstanding principal balance of the Debentures.):
Appears in 1 contract
Sources: Senior Secured Credit Agreement (Cityscape Financial Corp)