Common use of Excess Indebtedness Clause in Contracts

Excess Indebtedness. Borrower agrees to pay to Lender on demand the amount by which the indebtedness hereunder, at any time, may exceed the Loan Amount.

Appears in 3 contracts

Sources: Construction Loan Agreement (Textura Corp), Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

Excess Indebtedness. Borrower agrees Borrowers agree to pay to Lender on demand the amount by which the indebtedness hereunder, at any time, may exceed the Loan Amount.

Appears in 2 contracts

Sources: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

Excess Indebtedness. Each Borrower agrees to pay to Lender on demand the amount by which the indebtedness hereunder, at any time, may exceed the Loan AmountAvailability.

Appears in 1 contract

Sources: Loan and Security Agreement (Adcare Health Systems Inc)

Excess Indebtedness. Borrower agrees Borrowers agree to pay to Lender on demand the amount by which the indebtedness hereunder, at any time, may exceed the Loan AmountAvailability.

Appears in 1 contract

Sources: Loan and Security Agreement (Adcare Health Systems, Inc)

Excess Indebtedness. Other than accrued interest on the Loan not yet due and payable, Borrower agrees to pay to Lender on demand the amount by which the indebtedness hereunder, at any time, may exceed the Loan Amount.

Appears in 1 contract

Sources: Loan and Security Agreement (Adcare Health Systems, Inc)