Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii)
Appears in 3 contracts
Sources: Accounts Receivable Credit Agreement (Elexsys International Inc), Line of Credit Agreement (Elexsys International Inc), Accounts Receivable Credit Agreement (Elexsys International Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business or (iii)Business.
Appears in 3 contracts
Sources: Credit Agreement (Scientific Technologies Inc), Credit Agreement (Encad Inc), Credit Agreement (Trinet Employer Group Inc)
Additional Indebtedness. Not, Not after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii)business.
Appears in 2 contracts
Sources: Agricultural Credit Agreement (Scheid Vineyards Inc), Equipment Purchase Line of Credit Agreement (Ise Labs Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred Incurred in the ordinary course Ordinary Course of the Borrower's business Business or (iii)) Indebtedness of up to $100,000.00 in any one fiscal year.
Appears in 2 contracts
Sources: Credit Agreement (Biolase Technology Inc), Credit Agreement (Biolase Technology Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness in excess of $2,000,000.00 outstanding at any time other than (i) indebtedness owed or to be owed to the Bank Bank; or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii)as conducted as of the date of this Agreement.
Appears in 1 contract
Sources: Letter of Credit Agreement (Atg Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii)) Permitted Indebtedness.
Appears in 1 contract
Sources: Term Loan Credit Agreement (Elexsys International Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or Bank, (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business business, or (iii)) additional indebtedness incurred in equipment leasing up to an aggregate amount not exceeding $2,000,000.00 in any one fiscal year.
Appears in 1 contract
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business Business or (iii)) Indebtedness of up to $100,000.00 in any one fiscal year.
Appears in 1 contract
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii) Indebtedness of up to $500,000.00 in any one fiscal year (which may be secured).
Appears in 1 contract
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii)) permitted indebtedness.
Appears in 1 contract
Sources: Term Loan Credit Agreement (Elexsys International Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business Business or (iii)) Indebtedness of up to $5,000,000.00 in any one fiscal year.
Appears in 1 contract
Sources: Credit Agreement (Volcom Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course of the Borrower's business or (iii)) Indebtedness presently owed to ▇▇▇▇▇ Fargo HSBC Trade Bank or (iv) Indebtedness owed by foreign subsidiaries.
Appears in 1 contract
Sources: Credit Agreement (Osi Systems Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business Business or (iii)) Indebtedness of up to $400,000 in the aggregate.
Appears in 1 contract
Additional Indebtedness. NotExcept as otherwise provided herein, not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the any Borrower's business or (iii)) indebtedness owed or to be owed to the ▇▇▇▇▇ Fargo HSBC Trade Bank.
Appears in 1 contract
Sources: Credit Agreement (Osi Systems Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or Bank, (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business business, or (iii)) (iii) indebtedness incurred equipment leasing up to an aggregate amount not exceeding $2,000,000.00 in any one fiscal year.
Appears in 1 contract
Sources: Term Loan Agreement (Atg Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business Business (iii) Indebtedness for equipment specific leases or (iii)iv) Indebtedness of up to $500,000.00 in any one fiscal year.
Appears in 1 contract
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business Business or (iii)) Indebtedness of up to $500,000.00 in any one fiscal year.
Appears in 1 contract
Sources: Credit Agreement (Volcom Inc)
Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any additional Indebtedness other than (i) indebtedness Indebtedness owed or to be owed to the Bank or (ii) indebtedness Indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's business Business or (iii)) Indebtedness of up to $2,000,000.00 in the aggregate.
Appears in 1 contract