Common use of Negative Pledge; Restrictions on Guarantees Clause in Contracts

Negative Pledge; Restrictions on Guarantees. (a) RRI will not create, incur or permit to exist, will defend, at its sole cost and expense, its Equity Interests in the Issuer against, and will take all such other action as is necessary to remove, any Lien or claim on, in or to its Equity Interests in the Issuer. (b) RRI will not be permitted to incur any Debt (other than, to the extent constituting Debt, obligations in respect of any Series A Preferred Stock or Series B Redeemable Preferred Stock) or provide a guaranty in respect of Debt of any other Person unless RRI first becomes a Guarantor and party to the Guaranty Agreement.

Negative Pledge; Restrictions on Guarantees. (a) RRI will not create, incur or permit to exist, will defend, at its sole cost and expense, its Equity Interests in the Issuer Borrower against, and will take all such other action as is necessary to remove, any Lien or claim on, in or to its Equity Interests in the IssuerBorrower. (b) RRI will not be permitted to incur any Debt (other than, to the extent constituting Debt, obligations in respect of any Series A Preferred Stock or Series B Redeemable Preferred Stock) or provide a guaranty in respect of Debt of any other Person unless RRI first becomes a Guarantor and party to the Guaranty Agreement.