Common use of Except for trade debt incurred Clause in Contracts

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 7 contracts

Samples: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Dynasil Corp of America)

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Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest Interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Galaxy Gaming, Inc.)

Except for trade debt incurred. in the normal course of business and indebtedness Indebtedness to Lender contemplated by this AgreementLender, create, incur or assume indebtedness for borrowed money, including capital leasesbases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets Assets (except as allowed as Permitted Liens), or (313) sell with or without recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Keystone Consolidated Industries Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement

Except for trade debt incurred. in In the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leasesteases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to LenderXxxxxx.

Appears in 1 contract

Samples: Business Loan Agreement (Gse Systems Inc)

Except for trade debt incurred. in the normal course of business and indebtedness Indebtedness to Lender contemplated by this AgreementLender, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets Assets (except as allowed as Permitted Liens), or (3) sell with or without recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Scientific Industries Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to LenderXxxxxx.

Appears in 1 contract

Samples: Loan Agreement (Arts Way Manufacturing Co Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender lender contemplated by this Agreement, . create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, . transfer, mortgage, assign, . pledge, . lease, . grant a security interest in, . or encumber any of Borrower's assets (except as allowed as Permitted Liensliens), or (3) sell with recourse any of Borrower's accounts, except to Lender.. "-

Appears in 1 contract

Samples: docmgmt.miamibeachfl.gov

Except for trade debt incurred. in In the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (William Lyon Homes)

Except for trade debt incurred. in In the normal course of business and indebtedness Indebtedness to Lender contemplated by this Agreement, create, incur Incur or assume indebtedness Indebtedness for borrowed money, including Including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest inInterest In, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: American Fire Retardant Corp

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Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.Xxxxxx,

Appears in 1 contract

Samples: Business Loan Agreement (Oakridge Holdings Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) 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 (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Loan Agreement (Transcrypt International Inc)

Except for trade debt incurred. in the normal course of business and indebtedness Indebtedness to Lender contemplated by this AgreementLender, create, incur or assume indebtedness for borrowed money, . including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber incumber any of Borrower's assets Assets (except as allowed as Permitted Liens), or of (3) sell with or without recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Surge Components Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur Incur or assume indebtedness for borrowed money, including Including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Microhelix Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, in or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Credit Agreement (Petmed Express Inc)

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