Common use of Additional Borrowings Clause in Contracts

Additional Borrowings. Refrain from incurring any indebtedness except: (1) trade credit incurred in the ordinary course of business; (2) indebtedness expressly subordinated to the Bank in a writing acceptable to the Bank; and (3) indebtedness in existence on the date of this Agreement and disclosed in advance to the Bank in writing.

Additional Borrowings. Refrain from incurring any indebtedness except: : (1) --------------------- trade credit incurred in the ordinary course of business; ; (2) indebtedness expressly subordinated to the Bank in a writing acceptable to the Bank; and (3) indebtedness in existence on the date of this Agreement and disclosed in advance to the Bank in writing; (4) purchase money indebtedness (including capitalized leases) for the acquisition of fixed assets.

Additional Borrowings. Refrain from incurring any indebtedness except: : (1) trade credit incurred in the ordinary course of business; ; (2) purchase money debt; (3) indebtedness expressly subordinated to the Bank in a writing acceptable to the Bank; and and (34) indebtedness in existence on the date of this Agreement and disclosed in advance to the Bank in writing.

Additional Borrowings. Refrain from incurring any indebtedness except: (1) trade credit incurred in the ordinary course of business; (2) indebtedness expressly subordinated to the Bank in a writing acceptable to the Bank; and; (3) indebtedness in existence on the date of this Agreement and disclosed in advance to the Bank in writing; (4) indebtedness for business purposes which does not exceed a total principal amount of $25,000.00.

Additional Borrowings. Refrain from incurring any indebtedness except: : (1) trade credit incurred in the ordinary course of business; ; (2) indebtedness expressly subordinated to the Bank in a writing acceptable to the Bank; and and (3) indebtedness in existence on the date of this Agreement and disclosed in advance to the Bank in writing.