Indebtedness of a Subsidiary Sample Clauses

Indebtedness of a Subsidiary of the Borrower to the Borrower or to another Subsidiary of the Borrower or the Indebtedness of the Borrower to a Subsidiary of the Borrower;

Indebtedness of a Subsidiary of the Borrower to the Borrower or any other Subsidiary of the Borrower which is a guarantor of the Obligations.

Indebtedness of a Subsidiary owing to Holdings or another Subsidiary; provided that if a Credit Party incurs such Indebtedness owing to a Subsidiary that is not a Credit Party, such Indebtedness is subordinated in right of payment to the Guarantee of such Guarantor or the Obligations of the applicable Borrower, as the case may be, pursuant to subordination terms in form and substance acceptable to the Required Lenders; provided, further, that any subsequent transfer of any such Indebtedness (except to Holdings or another Subsidiary) shall be deemed, in each case to be an incurrence of such Indebtedness not permitted by this clause (h);

Indebtedness of a Subsidiary to the Borrower or a wholly-owned Subsidiary of the Borrower so long as such Indebtedness is held by the Borrower or a wholly-owned Subsidiary of the Borrower and is subject to no Lien (other than any Lien permitted by Section

Indebtedness of a Subsidiary of Borrower acquired after the Closing Date and Indebtedness of a Person merged or consolidated with or into Borrower or a Subsidiary of Borrower after the Closing Date, which Indebtedness in each case exists at the time of such acquisition, merger or consolidation and was not created or incurred in contemplation of such acquisition, merger or consolidation and where such acquisition, merger or consolidation is not prohibited under this Agreement; and

Indebtedness of a Subsidiary to another Subsidiary or to the Borrower; (e) Any (i) Lender Provided Interest Rate Hedge or Lender Provided Commodity Hedge, (ii) other Commodity ▇▇▇▇▇▇ or (iii) Indebtedness under any Other Lender Provided Financial Services Product; and (f) Other unsecured Indebtedness (other than any such Indebtedness incurred with respect to any currency swap agreement or other similar agreement); provided that before and immediately after the incurrence of such Indebtedness (i) the Borrower is in pro forma compliance with Section 9.8 [Maximum Funded Indebtedness to Total Adjusted Capitalization Ratio] and (ii) no Event of Default or Potential Default shall have occurred and be continuing or would result therefrom.

Indebtedness of a Subsidiary that is not a Wholly Owned Subsidiary or a Subsidiary Guarantor that Refinances Indebtedness of the Company or (2) Indebtedness of the Company or a Restricted Subsidiary that Refinances Indebtedness of an Unrestricted Subsidiary, (y) if the Indebtedness being Refinanced is not Senior Indebtedness, then such Refinancing Indebtedness shall rank no more senior than, and shall be at least as subordinated in right of payment, to the Notes as the Indebtedness being Refinanced and (z) Refinancing Indebtedness shall be secured only by assets of a similar type and in a similar amount to those that secured the Indebtedness so refinanced.

Indebtedness of a Subsidiary of Borrower owed to Borrower or a Subsidiary of Borrower in the nature of shareholder loans and (A) if owed to a Credit Party, evidenced by an Intercompany Note and subject to a First Lien pursuant to the Pledge and Security Agreement and (B) if such shareholder loan is Indebtedness of a Non-Guarantor Subsidiary, in compliance with Section 6.5(f) or (ii) Indebtedness of any Non-Controlled Subsidiary in the nature of (A) shareholder loans or (B) reimbursement obligations in respect of guarantees or other credit support, in each case owed to any member thereof that is not a Subsidiary;

Indebtedness of a Subsidiary incurred in the ordinary course of business under any lease of any Aircraft or Engine pursuant to which such Subsidiary is the lessor;