Common use of Debt Obligation Clause in Contracts

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, and as a valid senior debt obligation of the Company for money borrowedborrowed that is secured by the Collateral (unless all Collateral shall have been released pursuant to the Security Agreement and the security interest thereunder shall have terminated).

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books books, records and records financial statements to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, and as a valid senior debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowedrequired by generally accepted accounting principles.

Debt Obligation. So long as any portion of the Note is Notes are outstanding, the Company shall cause its books and records to reflect the Note Notes as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, GAAP and as a valid senior debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books books, records and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior debt obligation generally accepted accounting principles of the Company for money borrowedUnited States, consistently applied.

Debt Obligation. So long as any portion of the Note is Notes are outstanding, the Company shall cause its books and records to reflect the Note Notes as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note Notes as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles generally accepted accounting principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books books, records and records financial statements to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior unsubordinated debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is Notes are outstanding, the Company shall cause its books and records to reflect the Note Notes as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note Notes as a debt of the Company in such amount as shall be the greatest amount permitted required in accordance with Generally Accepted Accounting Principles generally accepted accounting principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowed.

Debt Obligation. So long as any portion of the any Note or Warrant Note is outstanding, the Company shall cause its books books, records and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Notes and the Warrant Note as a debt debts of the Company in such the unpaid principal amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles thereof and, whenever appropriate, as a valid senior debt obligation obligations of the Company for money borrowed.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books and records to reflect the Note as a debt of the Company in its unpaid principal amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowedPrinciples.

Debt Obligation. So long as any portion of the Note is outstanding, the Company shall cause its books books, records and records financial statements to reflect the Note as a debt of the Company in its unpaid principal accreted amount, shall cause its financial statements to reflect the Note as a debt of the Company in such amount as shall be the greatest amount permitted in accordance with Generally Accepted Accounting Principles and, whenever appropriate, as a valid senior debt obligation of the Company for money borrowed.