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Common use of Limitation on Debt of Restricted Subsidiaries Clause in Contracts

Limitation on Debt of Restricted Subsidiaries. The Company may not permit any Restricted Subsidiary that is not a Guarantor to Incur any Debt except any and all of the following, each of which shall be given independent effect:

Appears in 4 contracts

Sources: Indenture (Williams Communications Group Inc), Indenture (Williams Communications Group Inc), Indenture (Williams Communications Group Inc)

Related Clauses

  • Limitation on Guarantees of Indebtedness by Restricted Subsidiaries
  • Limitation on Designations of Unrestricted Subsidiaries
  • Limitation on Preferred Stock of Restricted Subsidiaries
  • Limitation on Subsidiary Indebtedness
  • Limitation on Dividends and Other Payment Restrictions Affecting Restricted Subsidiaries

Parent Clauses

  • NEGATIVE COVENANTS
  • NEGATIVE COVENANTS APPLICABLE TO SERIES A NOTES
  • REMEDIES OF THE TRUSTEE

Sub-Clauses

  • Domestic Restricted Subsidiary Guarantees
  • Debt of Restricted
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