Common use of Indebtedness of Foreign Subsidiaries Clause in Contracts

Indebtedness of Foreign Subsidiaries. All Indebtedness of Foreign Subsidiaries owing to any Bank or Bank Affiliate has been incurred under the facilities described on Schedule 8.26 hereto (the "Foreign Scheduled Facilities"), as such Schedule 8.26 may be updated from time to time by the Company by delivering a copy of such updated Schedule 8.26 to the Agent and each Bank, provided that (a) no revision to Schedule 8.26 that purports to increase the aggregate amount of the Foreign Scheduled Facilities shall be effective without the prior written consent of the Agent (not to be unreasonably withheld) and (b) no revision to Schedule 8.26 that purports to decrease or eliminate a Foreign Scheduled Facility shall be effective without the consent (not to be unreasonably withheld) of the creditor under such Foreign Scheduled Facility.

Appears in 2 contracts

Sources: Line of Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)