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Common use of Limitation on Subsidiary Debt Clause in Contracts

Limitation on Subsidiary Debt. Permit its Significant Subsidiaries (as defined in the Indenture) to incur any Funded Debt (as defined in the Indenture) other than as permitted in the Indenture.

Appears in 3 contracts

Sources: Credit Agreement (Columbia Energy Group), Credit Agreement (Columbia Energy Group), Credit Agreement (Columbia Gas System Inc)

Related Clauses

  • Limitation on Subsidiary Indebtedness
  • Limitation on Subsidiary Distributions
  • Limitation on Guarantees of Indebtedness by Restricted Subsidiaries
  • Limitation on Indebtedness
  • Limitation on Restrictions on Subsidiary Distributions

Parent Clauses

  • Covenants
  • Negative Covenants
  • CUSIP Numbers and ISIN Numbers
  • COVENANTS OF THE BORROWER
  • Issuance of Additional Notes

Sub-Clauses

  • Indebtedness of a Person existing at the time
  • Debt of a Subsidiary
  • Indebtedness of
  • Severability
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