Common use of Indebtedness and Liens Clause in Contracts

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 credit, 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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditBUSINESS LOAN AGREEMENT (ASSET BASED) Loan No: 2921-001 (Continued) Page 4 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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by BUSINESS LOAN AGREEMENT Loan No: 02014155 (Continued) Page 4 ================================================================================ this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditAgreement, 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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditAgreement, create, incur or assume indebtedness for borrowed money, including capital leases, other than indebtedness of any acquiree that s outstanding as of the time of the acquisition, (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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 credit50,000, 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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditLoan No: 1095183 BUSINESS LOAN AGREEMENT (Continued) Page 3 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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditAgreement, create, incur or assume indebtedness for borrowed money, including capital leases, other than indebtedness of any acquiree that’s outstanding as of the time of the acquisition, (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 accounts’s accounts receivable, except to Lender.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditAgreement, create, incur or assume additional indebtedness for borrowed money, including capital leases, in excess of the aggregate amount of $200,000.00, (2) sell, transfer, mortgage, ; assign, pledge, lease, grant a security interest Security Interest in, or encumber any of Borrower's ’s property or assets (except as allowed as Permitted Liens)) including but not limited the Key Contracts and Patents, or (3) sell with recourse any of Borrower's ’s accounts, except to Lender.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated by BUSINESS LOAN AGREEMENT Loan No: 02212886 (Continued) Page 4 ================================================================================ this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditAgreement, 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.

Indebtedness and Liens. (1) Except for trade debt incurred in the normal course of business, business and indebtedness to Lender contemplated contemplted by this Agreement and additional indebtedness incurred to third parties in an aggregate amount not to exceed $50,000.00 creditAgreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, Loan No: 1095183 BUSINESS LOAN AGREEMENT (Continued) Page 3 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.