Common use of Limitation on Debt and Contingent Indebtedness Clause in Contracts

Limitation on Debt and Contingent Indebtedness. At no time shall the Seller or any Subsidiary incur, create, contract, assume, have outstanding, guarantee or otherwise

Appears in 2 contracts

Sources: Master Repurchase Agreement (M/I Homes, Inc.), Master Repurchase Agreement (M/I Homes, Inc.)

Limitation on Debt and Contingent Indebtedness. At no time shall the Seller or any Subsidiary incur, create, contract, assume, have outstanding, guarantee or otherwiseotherwise be or become, directly or indirectly, liable in respect of any Debt or Contingent Indebtedness except:

Appears in 1 contract

Sources: Master Repurchase Agreement (Pultegroup Inc/Mi/)