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Creation of Liens
Creation of Liens contract clause examples

Liens not permitted by the foregoing clauses # to (e), inclusive, if at the time of, and after giving effect to, the creation or assumption of any such Lien, the aggregate amount (without duplication) of all outstanding Indebtedness for borrowed money of the ​ secured by all such Liens under this [clause (d)] does not exceed $2,000,000,000; and

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Liens not permitted by [clauses (a) through (i) above] if at the time of, and after giving effect to, the creation or assumption of any such Lien, the aggregate amount of all Indebtedness of the Borrower and its Domestic Subsidiaries secured by all such Liens not so permitted by [clauses (a) through (i) above] does not exceed 10% of Total Assets.

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