Common use of Indebtedness of the Borrower or any Restricted Subsidiary Clause in Contracts

Indebtedness of the Borrower or any Restricted Subsidiary. supported by a letter of credit or bank guarantee issued pursuant to any credit facility permitted hereunder, so long as such letter of credit has not been terminated and is in a principal amount not in excess of 105% of the stated amount of such letter of credit or bank guarantee; (r)

Appears in 1 contract

Sources: Credit Agreement (V2X, Inc.)

Indebtedness of the Borrower or any Restricted Subsidiary. supported by a letter of credit or bank guarantee issued pursuant to any credit facility permitted hereunder, so long as such letter of credit has not been terminated and is in a principal amount not in excess of 105% of the stated amount of such letter of credit or bank guarantee; (r);

Appears in 1 contract

Sources: Second Lien Credit Agreement (V2X, Inc.)