Indebtedness for Borrowed Money. The Company shall not, nor shall it permit any Subsidiary to, issue, incur, assume, create or have outstanding any Indebtedness for Borrowed Money; provided, however, that the foregoing shall not restrict nor operate to prevent:
Indebtedness for Borrowed Money. Except for the Obligations and except as set forth in Schedule 4.1.13 attached hereto and made a part hereof, the Borrowers have no Indebtedness for Borrowed Money. The Lender has received photocopies of all promissory notes evidencing any Indebtedness for Borrowed Money set forth in Schedule 4.1.13, together with any and all subordination agreements, other agreements, documents, or instruments securing, evidencing, guarantying or otherwise executed and delivered in connection therewith.
Indebtedness for Borrowed Money. Except for trade payables incurred in the ordinary course of business, the Company does not have any direct or indirect indebtedness for borrowed money, including indebtedness by way of lease-purchase arrangements or guarantees, and is not obligated in any manner (actual or contingent) to assume or guarantee any indebtedness or obligation of another Person.
Indebtedness for Borrowed Money. The Borrowers shall not, nor shall they permit any of the Restricted Subsidiaries to, issue, incur, assume, create or have outstanding any Indebtedness for Borrowed Money; provided, however, that the foregoing shall not restrict nor operate to prevent:
Indebtedness for Borrowed Money. 12 Section 3.17 Contracts and Commitments............................................................ 12 Section 3.18
Indebtedness for Borrowed Money. 34 Section 8.14. Liens ................................................... 34 Section 8.15. Investments, Loans, Advances and Guaranties ............. 35 Section 8.16. Acquisitions ............................................ 36 Section 8.17. Mergers, Consolidations and Sales ....................... 37 Section 8.18. Maintenance of Subsidiaries ............................. 37 Section 8.19.
Indebtedness for Borrowed Money. Borrower will not incur any indebtedness for borrowed money, except to Trade Bank and except for indebtedness subordinated to the Obligations by an instrument or agreement in form acceptable to Trade Bank.
Indebtedness for Borrowed Money. 7 Indemnitees...................................................................43
Indebtedness for Borrowed Money. (i) A default shall occur in the payment when due (subject to any applicable grace period), whether by acceleration or otherwise, of any Indebtedness for Borrowed Money or under Interest Rate Hedge Agreements (other than Indebtedness under the Loan Documents and Hedge Agreements other than Interest Rate Hedge Agreements) of any Obligor Party or any “Loan Party” (under and as defined in the LeConte Credit Agreement) in an aggregate principal amount exceeding $5,000,000, or (ii) a default shall occur in the performance or observance of any obligation or condition with respect to any Indebtedness for Borrowed Money or under Interest Rate Hedge Agreements (other than Indebtedness under the Loan Documents and Hedge Agreements other than Interest Rate Hedge Agreements) of any Obligor Party or any “Loan Party” (under and as defined in the LeConte Credit Agreement) in an aggregate principal amount exceeding $7,500,000 if the effect of such default results in the acceleration of the maturity of such Indebtedness, other than to the extent paid in accordance therewith.”, and
Indebtedness for Borrowed Money. In the event the Borrower or any Subsidiary shall receive proceeds from the issuance or incurrence of Indebtedness for borrowed money (other than any proceeds from issuance of Indebtedness for borrowed money expressly permitted pursuant to Section 6.01 of this Agreement), the Borrower shall, substantially simultaneously with the receipt of such proceeds by the Borrower or such Subsidiary, apply an amount equal to 100% of such proceeds to prepay outstanding Loans on a pro rata basis, pay interest owed pursuant to Section 2.05(e), and to pay any prepayment premium required pursuant to Section 2.05(d)(i).
