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"offset": [1882, 1899]}, {"key": "agree-to", "type": "clause", "offset": [1999, 2007]}, {"key": "pocket-expenses", "type": "clause", "offset": [2025, 2040]}, {"key": "amendment-fee", "type": "definition", "offset": [2151, 2164]}, {"key": "similar-to", "type": "definition", "offset": [2176, 2186]}, {"key": "the-foregoing", "type": "definition", "offset": [2194, 2207]}, {"key": "the-funding", "type": "clause", "offset": [2232, 2243]}, {"key": "to-the-company", "type": "definition", "offset": [2244, 2258]}, {"key": "to-amend", "type": "definition", "offset": [2290, 2298]}, {"key": "prior-to-the-closing-date", "type": "clause", "offset": [2427, 2452]}, {"key": "any-action", "type": "definition", "offset": [2517, 2527]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [2631, 2663]}, {"key": "reasonably-believes", "type": "definition", "offset": [2703, 2722]}, {"key": "certificate-of-incorporation", "type": "definition", "offset": [2766, 2794]}, {"key": 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"offset": [3622, 3631]}, {"key": "client-privilege", "type": "clause", "offset": [3714, 3730]}, {"key": "cash-collateralization", "type": "definition", "offset": [3810, 3832]}, {"key": "letters-of-credit", "type": "clause", "offset": [3860, 3877]}, {"key": "personal-liability", "type": "definition", "offset": [3997, 4015]}, {"key": "relating-to", "type": "definition", "offset": [4044, 4055]}, {"key": "hold-harmless", "type": "definition", "offset": [4111, 4124]}, {"key": "respective-representatives", "type": "definition", "offset": [4180, 4206]}, {"key": "all-claims", "type": "definition", "offset": [4248, 4258]}, {"key": "and-expenses", "type": "clause", "offset": [4326, 4338]}, {"key": "fees-of-legal-counsel", "type": "clause", "offset": [4350, 4371]}, {"key": "resulting-from", "type": "definition", "offset": [4373, 4387]}, {"key": "the-cooperation", "type": "clause", "offset": [4419, 4434]}, {"key": "the-parties-hereto", "type": "clause", "offset": [4587, 4605]}, {"key": "the-debt-financing", "type": "clause", "offset": [4660, 4678]}, {"key": "similar-actions", "type": "clause", "offset": [4727, 4742]}], "snippet": "If requested by Parent, the Company shall use reasonable best efforts to cooperate with Parent and Merger Sub in taking such actions as are necessary under (x) the indentures listed in item (iii) of Section 4.16 of the Company Disclosure Letter and (y) the credit agreements listed in Section 4.03(c) of the Company Disclosure Letter (collectively, \u201cExisting Debt Documents\u201d) in respect of the Transactions, including delivering or causing a Subsidiary to deliver any such notices, agreements, documents, or instruments necessary, proper, or advisable to comply with the terms thereof, including the delivery of any officer certificates and opinions of counsel required to be delivered thereunder in connection with the Transactions. If and to the extent reasonably requested by Parent in writing, the Company shall use reasonable best efforts to cooperate with Parent and Merger Sub in either (a) arranging for the termination of Existing Debt Documents (or redemption of the relevant notes or debentures) at the Closing (or such other date thereafter as agreed to by Parent and the Company), which redemption shall be the sole responsibility of Parent, and the procurement of customary payoff letters and other customary release documentation in connection therewith (including with respect to the Existing Revolving Credit Facility) or (b) obtaining any consents required under any Existing Debt Documents to permit the consummation of the Transactions thereunder and obtaining any amendments to or other consents under the Existing Debt Documents as may be reasonably requested by Parent, and in each case, if reasonably requested by Parent, the Company shall, and shall cause its Subsidiaries to, execute and deliver such customary notices, agreements, documents, or instruments necessary in connection therewith. Notwithstanding anything in this Section 6.15 to the contrary, in no event shall the Company be required in connection with its obligations under this Section 6.15 to (i) incur or agree to incur any out-of-pocket expenses, unless they are promptly reimbursed by Parent, (ii) incur or agree to incur any commitment, tender, consent, amendment fee or any fee similar to any of the foregoing, unless Parent provides the funding to the Company therefor, (iii) amend or agree to amend any Existing Debt Document, which amendment is not conditioned on the Closing, (iv) incur any liability in connection therewith prior to the Closing Date, unless contingent upon the occurrence of the Closing, (v) take any action that would unreasonably interfere with or unreasonably disrupt the normal operations and management of the Company and its Subsidiaries, (vi) take any action that the Company reasonably believes could (A) violate its or its Subsidiaries\u2019 certificate of incorporation or bye-laws (or comparable documents), (B) violate any applicable Law, (C) constitute a default or violation under, or give rise to any right of termination, cancellation, or acceleration of any right or obligation of the Company or its Subsidiaries or to a loss of any benefit to which the Company or its Subsidiaries is entitled under any provision of any Contract, or (D) result in the creation or imposition of any Lien on any asset of the Company or its Subsidiaries, (vii) waive or amend any terms of this Agreement, (viii) take any action that could reasonably be expected to cause any representation or warranty or covenant contained in this Agreement to be breached or to cause any condition to the Closing set forth in Article VII to fail to be satisfied or otherwise cause any breach of this Agreement, (ix) provide access to or disclose information that the Company determines would jeopardize any attorney-client privilege of the Company or any of its Subsidiaries, (x) fund any repayment, redemption, cash collateralization, or provide any \u201cbackstop\u201d letters of credit prior to the Closing, or (xi) result in any of the Company\u2019s or any of its Subsidiaries\u2019 Representatives incurring any personal liability with respect to any matters relating to this Section 6.15. Parent shall defend, indemnify, and hold harmless the Company, any of its Subsidiaries, and any of their respective Representatives from, against, and in respect of any and all claims, liabilities, losses, damages, judgments, fines, penalties, costs, and expenses (including fees of legal counsel) resulting from or incurred in connection with the cooperation hereunder or any information utilized in connection therewith. Notwithstanding this Section 6.15 or anything in this Agreement to the contrary, each of the parties hereto agrees that it is not a condition to the Closing that the Debt Financing, payoff letters, consents, amendments, or other similar actions described in this Section 6.15 and Section 6.14 be obtained.", "samples": [{"hash": "e964O6lSJwK", "uri": "/contracts/e964O6lSJwK#existing-indebtedness", "label": "Merger Agreement (Aspen Insurance Holdings LTD)", "score": 35.9431877136, "published": true}, {"hash": "3A6MKT37P4y", "uri": "/contracts/3A6MKT37P4y#existing-indebtedness", "label": "Merger Agreement (Aspen Insurance Holdings LTD)", "score": 35.2587280273, "published": true}, {"hash": "ccD5QJzRESZ", "uri": "/contracts/ccD5QJzRESZ#existing-indebtedness", "label": "Merger Agreement (Aspen Insurance Holdings LTD)", "score": 34.9657783508, "published": true}], "hash": "5745377580c8319cd36288ee4e6d95a4", "id": 4}, {"size": 67, "snippet_links": [{"key": "agreement-date", "type": "clause", 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Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.\n(b) Except as disclosed in Schedule 5.15(b), neither the Company nor any Subsidiary has agreed or consented to cause or permit in the future (upon the happening of a contingency or otherwise) any of its property, whether now owned or hereafter acquired, to be subject to a Lien not permitted by Section 10.4.\n(c) Neither the Company nor any Subsidiary is a party to, or otherwise subject to any provision contained in, any instrument evidencing Indebtedness of 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As of the Agreement Date, the Parent, Borrower, the other Loan Parties and the other Subsidiaries have performed and are in compliance with all of the terms of such Indebtedness and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with the giving of notice, the lapse of time, or both, would constitute a default or event of default, exists with respect to any such Indebtedness.", "samples": [{"hash": "9PbUICsGtoq", "uri": "/contracts/9PbUICsGtoq#existing-indebtedness", "label": "Term Loan Agreement (NETSTREIT Corp.)", "score": 34.742641449, "published": true}, {"hash": "eSilXMFTR1A", "uri": "/contracts/eSilXMFTR1A#existing-indebtedness", "label": "Term Loan Agreement (NETSTREIT Corp.)", "score": 34.5112953186, "published": true}, {"hash": "7KEqykDJdBZ", "uri": "/contracts/7KEqykDJdBZ#existing-indebtedness", "label": "Credit Agreement (NETSTREIT Corp.)", "score": 34.4647483826, "published": true}], "hash": "ac42553d9d681976dac3331272c26101", "id": 6}, {"size": 25, "snippet_links": [{"key": "the-obligations", "type": "clause", "offset": [11, 26]}, {"key": "indebtedness-of-the-borrower", "type": "clause", "offset": [37, 65]}, {"key": "the-parent", "type": "definition", "offset": [67, 77]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [127, 149]}, {"key": "the-secured", "type": "clause", "offset": [153, 164]}, {"key": "secured-recourse-indebtedness", "type": "definition", "offset": [192, 221]}, {"key": "on-schedule", "type": "definition", "offset": [255, 266]}, {"key": "indebtedness-incurred", "type": "clause", "offset": [306, 327]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [328, 362]}, {"key": "not-to-exceed", "type": "definition", "offset": [363, 376]}, {"key": "event-of-default", "type": "definition", "offset": [403, 419]}, {"key": "with-respect-to", "type": "clause", "offset": [502, 517]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [562, 584]}, {"key": "the-administrative-agent", "type": "clause", "offset": [612, 636]}, {"key": "in-writing", "type": "definition", "offset": [637, 647]}, {"key": "prior-to-the", "type": "clause", "offset": [685, 697]}], "snippet": "Except for the Obligations, the only Indebtedness of the Borrower, the Parent or any of their respective Subsidiaries existing as of the Closing Date is the Secured Non\u2011Recourse Indebtedness, Secured Recourse Indebtedness and other Indebtedness set forth on Schedule 4.18 attached hereto and certain other Indebtedness incurred in the ordinary course of business not to exceed $50,000. No \u201cdefault\u201d or \u201cevent of default\u201d, however defined, has occurred and is continuing under any such Indebtedness (or with respect to the giving of this representation after the date of this Agreement, as otherwise disclosed to the Administrative Agent in writing after the date of this Agreement and prior to the date such representation is deemed given).", "samples": [{"hash": "k9mHM7GA1hv", "uri": "/contracts/k9mHM7GA1hv#existing-indebtedness", "label": "Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties)", "score": 28.1430530548, "published": true}, {"hash": "837oguKGt5i", "uri": "/contracts/837oguKGt5i#existing-indebtedness", "label": "Senior Unsecured Credit Agreement (LaSalle Hotel Properties)", "score": 28.1430530548, "published": true}, {"hash": "4avCegSbk6N", "uri": "/contracts/4avCegSbk6N#existing-indebtedness", "label": "Senior Unsecured Term Loan Agreement (LaSalle Hotel Properties)", "score": 27.1300487518, "published": true}], "hash": "495866ccdfd4dedf5def8be0d470529f", "id": 8}, {"size": 22, "snippet_links": [{"key": "no-existing", "type": "clause", "offset": [13, 24]}, {"key": "the-indebtedness", "type": "clause", "offset": [45, 61]}], "snippet": "Borrower has no existing Indebtedness except the Indebtedness described in Schedule 5.18.", "samples": [{"hash": "cDaG6PrJaja", "uri": "/contracts/cDaG6PrJaja#existing-indebtedness", "label": "Loan Agreement (Hudson Technologies Inc /Ny)", "score": 22.1772766113, "published": true}, {"hash": "dOa78wlY7Jt", "uri": "/contracts/dOa78wlY7Jt#existing-indebtedness", "label": "Loan Agreement (Hudson Technologies Inc /Ny)", "score": 21.0, "published": true}, {"hash": "bOohPbOcpxW", "uri": "/contracts/bOohPbOcpxW#existing-indebtedness", "label": "Loan Agreement (Iec Electronics Corp)", "score": 18.0, "published": true}], "hash": "e1534d71b84b661387be80a5bf252e08", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5leGlzdGluZy1pbmRlYnRlZG5lc3MjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Existing Indebtedness", "parents": [["representations-and-warranties", "Representations and Warranties"], ["conditions-precedent", "Conditions Precedent"], ["representations-and-warranties-of-the-company", "REPRESENTATIONS AND WARRANTIES OF THE COMPANY"], ["miscellaneous", "Miscellaneous"], ["closing-date", "Closing Date"]], "size": 2830, "children": [["", ""], ["termination", "Termination"], ["counterparts", "Counterparts"], ["severability", "Severability"], ["representations-and-warranties", "Representations and Warranties"]], "id": "existing-indebtedness", "related": [["existing-indebtedness-future-liens", "Existing Indebtedness; Future Liens", "<strong>Existing Indebtedness</strong>; Future Liens"], ["repayment-of-existing-indebtedness", "Repayment of Existing Indebtedness", "Repayment of <strong>Existing Indebtedness</strong>"], ["existing-debt", "Existing Debt", "Existing Debt"], ["company-indebtedness", "Company Indebtedness", "Company Indebtedness"], ["outstanding-indebtedness", "Outstanding Indebtedness", "Outstanding Indebtedness"]], "related_snippets": [], "updated": "2026-07-10T04:32:06+00:00", "also_ask": [], "drafting_tip": "Define 'Existing Indebtedness' precisely to avoid ambiguity; list all relevant obligations to ensure comprehensive disclosure; specify permitted actions regarding such indebtedness to prevent unintended breaches.", "explanation": "The Existing Indebtedness clause defines and addresses any outstanding loans, debts, or financial obligations that a party has prior to entering into a new agreement. It typically requires the disclosing party to list all current debts, such as bank loans, lines of credit, or other financial liabilities, and may set conditions on how these debts are to be managed or repaid during the term of the new contract. This clause ensures transparency regarding a party\u2019s financial obligations, helping the other party assess risk and avoid unexpected liabilities that could affect the performance of the agreement."}, "json": true, "cursor": ""}}