Permitted Unsecured Debt Restrictions. Restrictions or provisions that are contained in documentation evidencing or governing Unsecured Debt permitted hereunder which restrictions or provisions are the result of (i) limitations on the ability of the Borrower or any Subsidiary thereof to transfer property to the Borrower or any Guarantor on terms similar to §8.16, (ii) limitations on Negative Pledges, or (iii) any requirement that other Unsecured Debt permitted hereunder be secured on an “equal and ratable basis” to the extent that the Obligations are secured.
Appears in 2 contracts
Sources: Term Credit Agreement, Term Credit Agreement (STORE CAPITAL Corp)