Debt and Liens. Corporation will in reasonable time and due manner inform the Purchaser of any new liens and debts incurred by the Corporation and/or its Subsidiaries while the Principal and accrued Interest is outstanding.
Debt and Liens. Schedule 4.14 is a complete and correct list of each item of Consolidated Total Debt of the Borrower and its Consolidated Subsidiaries in excess of $100,000 (setting forth with respect to each such item the amount and stated maturity of Consolidated Total Debt outstanding, the identity of the Person to whom such Consolidated Total Debt is owed and the date such Consolidated Total Debt was incurred) and each Lien securing any such Debt (setting forth with respect to each such Lien the property subject to such Lien) as of the Closing Date; provided that the aggregate amount of Consolidated Total Debt excluded from this sentence by virtue of being $100,000 or less shall not exceed $5,000,000. The Borrower and its Consolidated Subsidiaries have complied in all material respects with all of the terms of such Debt and Liens and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of the Borrower or its Consolidated Subsidiaries exists with respect to any such Debt or Lien. None of the properties and assets of the Borrower or any Subsidiary thereof is subject to any Lien, except Liens permitted pursuant to Section 5.13.
Debt and Liens. The Borrowers and their Subsidiaries have no Debt as defined in the Credit Agreement, except as disclosed below: ----------------------------------------------------------------------------------- LENDER COLLATERAL/LIEN ----------------------------------------------------------------------------------- 1. MR. & MRS. XXXXXX XXXXXXX 3 1/2 acres of land @ MORTGAGE-Dickxxx XXX 4001 Xxxxxxxx Xxxxxxx $313,786 OUTSXXXXXXX XX 00-00-00 Xxx Orleans, LA
Debt and Liens. Maker has no liabilities other than liabilities owed to Senior Lender or liabilities incurred in the ordinary course of business in connection with the transactions contemplated by the Purchase Agreement. Maker’s assets are not subject to liens and encumbrances other than liens in favor of Senior Lender or Holder.
Debt and Liens. Schedule 5.1(p) is a complete and correct list, as of the date hereof, of each item of Debt of the Borrower and its Subsidiaries in excess of $100,000 and each Lien securing such Debt, each of which is permitted under the terms of Sections 9.1 and 9.2, respectively. The Borrower and its Subsidiaries have performed and are in compliance with all of the terms of such Debt and Liens and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of the Borrower or its Subsidiaries exists with respect to any such Debt or Liens. None of the properties and assets of the Borrower or any Subsidiary thereof is subject to any Lien, except for Permitted Liens.
Debt and Liens. Except for Debt listed in Attachment F attached to and made a part of this Agreement, create, incur or assume Debt for borrowed money, including capital leases, (b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a Security Interest in, or encumber any of Borrower's assets, or (c) sell with recourse any of Borrower's accounts.
Debt and Liens. Schedule 6.1(p) is a complete and correct list, as of the date hereof, of each item of Debt of the Borrower and its Subsidiaries in excess of $100,000 and each Lien securing such Debt, each of which is permitted under the terms of Sections 10.1 and 10.2,
Debt and Liens. A. ABL Facility: (a) $450 million and any permitted refinancing thereof plus (b) the amount of secured cash management obligations and secured hedge obligations under such “ABL Facility”
Debt and Liens. No Loan Party has any Debt, other than Permitted Indebtedness, or Liens on its property, other than Permitted Encumbrances.
Debt and Liens. Schedule 6.1(p) is a complete and correct list, as of the date hereof, of each item of Debt of the Borrower and its Subsidiaries in excess of $5,000,000 and each Lien securing such Debt. The Borrower has delivered to the Administrative Agent certified copies of the documents governing such Debt (including any amendments, waivers and consents). The Borrower and its Subsidiaries have performed and are in compliance with all of the terms of such Debt and Liens and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of the Borrower or its Subsidiaries exists with respect to any such Debt or Liens. None of the properties and assets of the Borrower or any Subsidiary thereof is subject to any Lien, except Liens permitted pursuant to Section 10.2. -56- 63
