TiVo 2006 Annual Report Download - page 215

(vi) Liens to secure the performance of bids, trade contracts (other than for Indebtedness), leases (other than Capital Lease Obligations),
statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business;
(vii) Liens arising out of judgments or awards not constituting an Event of Default or a Potential Event of Default; provided that any such
judgments or awards shall, within 60 days after the entry thereof, have been discharged or execution thereof stayed pending appeal (and shall have
been discharged within 30 days after the expiration of any such stay); and
(viii) other Liens securing obligations not exceeding $500,000.
(c) Debt. Create, incur, assume or suffer to exist any Debt, except:
(i) Debt in respect of Hedge Agreements designed to hedge against fluctuations in interest rates incurred in the ordinary course of business and
consistent with prudent business practice with the maximum notional amount of the then-current Maximum Amount;
(ii) Debt under the Loan Documents;
(iii) purchase money Debt secured by Liens permitted by Section 6.02(b)(iv) not to exceed in the aggregate $1,000,000 at any time
outstanding;
(iv) Capitalized Leases not to exceed in the aggregate $1,000,000 at any time outstanding;
(v) Debt set forth on Schedule 5.17;
(vi) refinancings, renewals, or extensions of Debt permitted under clauses (iii) and (iv) of this Section 6.02(c) (and continuance or renewal of
any Permitted Liens associated therewith) so long as: (A) the terms and conditions of such refinancings, renewals, or extensions do not, in the
Administrative Agent's reasonable discretion, materially impair the prospects of repayment of the Obligations by the TiVo Parties or materially
impair the TiVo Parties' creditworthiness, (B) such refinancings, renewals, or extensions do not result in an increase in the principal amount of, or
interest rate with respect to, the Debt so refinanced, renewed, or extended (other than transaction costs) and (C) such refinancings, renewals, or
extensions do not result in a shortening of the average weighted maturity of the Debt so refinanced, renewed, or extended, nor are they on terms or
conditions, that, taken as a whole, are materially more burdensome or restrictive to the applicable TiVo Party; and
(vii) other Debt not exceeding $1,000,000 in the aggregate.
(d) Change in Nature of Business. Engage in any material line of business substantially different from the Company's current line of business
unless such material line of business is reasonably related, incidental or complementary to the Company's current line of business.
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