Indebtedness and Contingent Obligations. Contract for any additional Debt; or agree to assume, guarantee, indorse or otherwise in any way be or become responsible or liable, directly or indirectly, for the obligation of any other Person. However, notwithstanding the foregoing sentence, Borrower may incur trade debt in the ordinary course of business.
Appears in 2 contracts
Samples: Revolving Line of Credit Loan Agreement and Security Agreement (Spectrum Sciences & Software Holdings Corp), Term Loans Agreement and Security Agreement (On Site Sourcing Inc)
Indebtedness and Contingent Obligations. Contract for any additional --------------------------------------- Debt; or agree to assume, guarantee, indorse or otherwise in any way be or become responsible or liable, directly or indirectly, for the obligation of any other Person. However, notwithstanding the foregoing sentence, Borrower may incur trade debt in the ordinary course of business.
Appears in 1 contract
Samples: Credit Loan Agreement and Security Agreement (Netplex Group Inc)
Indebtedness and Contingent Obligations. Contract for any additional Debt; , or agree to assume, guarantee, indorse or otherwise in any way be or become responsible or liable, directly or indirectly, for the obligation of any other Person. However, notwithstanding the foregoing sentence, Borrower may incur trade debt in the ordinary course of business."
Appears in 1 contract
Samples: Credit Loan Agreement and Security Agreement (Student Advantage Inc)
