Common use of Indebtedness for Borrowed Money Clause in Contracts

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. Borrower will not incur any indebtedness for borrowed money, except (a) to Trade Bank and except Bank, (b) for indebtedness subordinated to the Obligations by an instrument or agreement in form acceptable to Trade Bank, and (c) for real estate financing in an amount not to exceed $15,000,000.00 in the aggregate at any one time.”

Indebtedness for Borrowed Money. Borrower will not incur any indebtedness for borrowed money, except to Trade Bank and except (a) for indebtedness subordinated to the Obligations by an instrument or agreement in form acceptable to Trade Bank, and (b) new purchase money debt.

Indebtedness for Borrowed Money. Borrower will not incur any indebtedness for borrowed money, except (i) to Trade Bank Bank, (ii) unsecured indebtedness not to exceed $250,000 in the aggregrate at any one time and except for (iii) indebtedness subordinated to the Obligations by an instrument or agreement in form acceptable to Trade Bank.

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.