Certain Indebtedness. There is no Indebtedness of Borrower owing to any employee, officer, stockholder or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness subordinated to the Obligations pursuant hereto.
Appears in 4 contracts
Sources: Loan Agreement (Dakota Cooperative Telecommunications Inc), Loan Agreement (Illuminet Holdings Inc), Loan Agreement (Dakota Cooperative Telecommunications Inc)
Certain Indebtedness. There is no Indebtedness of Borrower owing to any employee, officer, stockholder or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness subordinated to the Obligations pursuant heretolike.
Appears in 3 contracts
Sources: Loan and Security Agreement, Revolving Credit and Term Loan Agreement (Addvantage Technologies Group Inc), Loan and Security Agreement (Creditrust Corp)
Certain Indebtedness. There is no Indebtedness material indebtedness of Borrower owing to any employee, officer, stockholder or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness indebtedness subordinated to the Obligations pursuant hereto.
Appears in 2 contracts
Sources: Loan Agreement (Madison River Capital LLC), Loan Agreement (Madison River Capital LLC)
Certain Indebtedness. There is no Indebtedness material indebtedness of Borrower owing to any employee, officer, stockholder member, or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness indebtedness subordinated to the Obligations pursuant hereto.
Appears in 2 contracts
Sources: Loan Agreement (Madison River Capital LLC), Loan Agreement (Madison River Capital LLC)
Certain Indebtedness. There is no Indebtedness of Borrower owing to any employee, officer, stockholder or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness subordinated to the Obligations pursuant hereto.
Appears in 1 contract
Sources: Loan and Security Agreement (Cuisine Solutions Inc)
Certain Indebtedness. There is no Indebtedness indebtedness of Borrower owing to any employee, officer, stockholder or director of the board of Borrower Borrower, other than accrued salaries, commissions and the like and any Indebtedness indebtedness subordinated to the Obligations pursuant hereto.
Appears in 1 contract
Certain Indebtedness. There is no Indebtedness of Borrower owing to any employee, officer, stockholder shareholder or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness subordinated to the Obligations pursuant heretolike.
Appears in 1 contract
Sources: Loan Agreement (Horizon Personal Communications Inc)
Certain Indebtedness. There is no Indebtedness indebtedness of Borrower -------------------- owing to any employee, officer, stockholder or director of the board of Borrower Borrower, other than accrued salaries, commissions and the like and any Indebtedness indebtedness subordinated to the Obligations pursuant hereto.
Appears in 1 contract
Certain Indebtedness. There is no Indebtedness indebtedness of Borrower owing to any employee, officer, stockholder or director of the board of Borrower other than accrued salaries, commissions and the like and any Indebtedness indebtedness subordinated to the Obligations pursuant hereto.
Appears in 1 contract
Sources: Loan Agreement (Dakota Telecommunications Group Delaware Inc)