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

Negative Pledge; Restrictions on Guarantees. (a) RRI will not, nor will RRI permit the Intermediate Holdco (if applicable) to, create, incur or permit to exist any Lien or claim on, in or to its Equity Interests in the Borrower or the Intermediate Holdco (if applicable). RRI will, and will cause the Intermediate Holdco (if applicable) to, defend its Equity Interests in the Borrower or the Intermediate Holdco (if applicable) against, and take all such other action as is necessary to remove any Lien or claim on, in or to its Equity Interests in the Borrower or the Intermediate Holdco (if applicable), at its sole cost and expense. (b) RRI will not incur, nor will RRI permit the Intermediate Holdco (if applicable) 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), and RRI will not provide, nor will RRI permit the Intermediate Holdco (if applicable) to provide, provide a guaranty in respect of Debt of any other Person unless RRI, or the Intermediate Holdco (if applicable), first becomes a Guarantor and party to the Guaranty Agreement.

Negative Pledge; Restrictions on Guarantees. (a) RRI will not, nor will RRI permit the Intermediate Holdco (if applicable) to, create, incur or permit to exist any Lien or claim on, in or to its Equity Interests in the Borrower Issuer or the Intermediate Holdco (if applicable). RRI will, and will cause the Intermediate Holdco (if applicable) to, defend its Equity Interests in the Borrower Issuer or the Intermediate Holdco (if applicable) against, and take all such other action as is necessary to remove any Lien or claim on, in or to its Equity Interests in the Borrower Issuer or the Intermediate Holdco (if applicable), at its sole cost and expense. (b) RRI will not incur, nor will RRI permit the Intermediate Holdco (if applicable) 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), and RRI will not provide, nor will RRI permit the Intermediate Holdco (if applicable) to provide, provide a guaranty in respect of Debt of any other Person unless RRI, or the Intermediate Holdco (if applicable), first becomes a Guarantor and party to the Guaranty Agreement.