{"component": "clause", "props": {"groups": [{"samples": [{"hash": "l5crU210RAx", "uri": "/contracts/l5crU210RAx#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (PGIM Private Credit Fund)", "score": 37.34770705, "published": true}, {"hash": "6o58tJP1aV8", "uri": "/contracts/6o58tJP1aV8#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (MSD Investment Corp.)", "score": 36.8685836792, "published": true}, {"hash": "8TLzzTXtMgV", "uri": "/contracts/8TLzzTXtMgV#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (Crestline Lending Solutions, LLC)", "score": 36.8412055969, "published": true}], "snippet": "The Borrower shall not create, incur, assume or suffer to exist any Indebtedness other than Indebtedness permitted under the Transaction Documents. The Borrower shall incur no Indebtedness secured by the Collateral other than the Obligations. The Borrower shall not assume, guarantee, endorse or otherwise be or become directly or contingently liable for the obligations of any Person by, among other things, agreeing to purchase any obligation of another Person, agreeing to advance funds to such Person or causing or assisting such Person to maintain any amount of capital, other than as expressly permitted under the Transaction Documents.", "size": 70, "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [0, 18]}, {"key": "the-transaction-documents", "type": "clause", "offset": [121, 146]}, {"key": "indebtedness-secured", "type": "definition", "offset": [176, 196]}, {"key": "the-collateral", "type": "clause", "offset": [200, 214]}, {"key": "the-obligations", "type": "clause", "offset": [226, 241]}, {"key": "obligations-of", "type": "clause", "offset": [359, 373]}, {"key": "any-person", "type": "definition", "offset": [374, 384]}, {"key": "another-person", "type": "definition", "offset": [448, 462]}, {"key": "advance-funds", "type": "definition", "offset": [476, 489]}, {"key": "to-maintain", "type": "clause", "offset": [541, 552]}], "hash": "89a12371bd91c16b1fab21aea8b99bd9", "id": 1}, {"samples": [{"hash": "klzqQunWTDd", "uri": "/contracts/klzqQunWTDd#indebtedness-guarantees", "label": "Credit Agreement (Griffon Corp)", "score": 33.0848731995, "published": true}, {"hash": "68faP2qypmj", "uri": "/contracts/68faP2qypmj#indebtedness-guarantees", "label": "Credit Agreement (Griffon Corp)", "score": 31.0807666779, "published": true}], "snippet": "(a) The Borrower will not, and will not permit any of its Subsidiaries to, create, incur, assume or permit to exist any Indebtedness, except:\n(i) Indebtedness of any Loan Party pursuant to any Loan Document (including, without limitation, any additional Indebtedness incurred pursuant to any Commitment Increase);\n(ii) Indebtedness of the Borrower to any other Group Member and of any Subsidiary to any other Group Member; provided Indebtedness of Group Members which are not Loan Parties to Group Members which are Loan Parties must also be expressly permitted by Section 7.06(d) or (r);\n(iii) Indebtedness of the Borrower and any Domestic Subsidiaries outstanding on the Fourth Restatement Effective Date and listed on Part I of Schedule 7.01(a) and any refinancings, refundings, renewals, replacement, waivers, amendments, amendments and restatements or extensions thereof (without increasing, or shortening the maturity of, the principal amount thereof);\n(iv) Indebtedness (including, without limitation, Capital Lease Obligations) secured by Liens expressly permitted by Section 7.02(e) in an aggregate principal amount not to exceed $75,000,000 at any one time outstanding;\n(v) Guarantees expressly permitted by Section 7.01(b);\n(vi) Indebtedness of any Group Member to any other Group Member listed on Part II of Schedule 7.01(a); provided that such Indebtedness (A) is evidenced by the Global Intercompany Note and, if owing to a Loan Party, is subject to a Lien pursuant to the Guarantee and Collateral Agreement, (B) such Indebtedness is unsecured and, if owed by a Loan Party, subordinated in right of payment to the payment in full of the Obligations pursuant to the terms of the Global Intercompany Note and (C) any payment by any Subsidiary Guarantor under the Guarantee of the Obligations shall result in a pro rata reduction of the amount of any Indebtedness owing by such Subsidiary Guarantor to the Borrower or any other Subsidiary for whose benefit such payment is made;\n(vii) Indebtedness arising from the endorsement of instruments, the honoring by a bank or other financial institution of a check, draft or similar instrument inadvertently drawn in the ordinary course of business against insufficient funds, or in respect of netting services, overdraft protections or otherwise in connection with the operation of customary deposit accounts in the ordinary course of business;\n(viii) Indebtedness with respect to (A) property casualty or liability insurance, (B) financing of insurance premiums with the providers of such insurance or their Affiliates, (C) take-or-pay obligations in supply arrangements consistent with past practice, (D) self-insurance obligations, (E) performance, bid, surety, custom, utility and advance payment bonds, or (F) performance and completion guaranties, in each case, in the ordinary course of business;\n(ix) Indebtedness arising from agreements providing for indemnification or similar obligations in each case incurred in connection with an acquisition or other Investment expressly permitted by Section 7.06 or any disposition expressly permitted by Section 7.04;\n(x) Indebtedness in the form of customary obligations under indemnification, incentive, non-compete, consulting, deferred compensation, earn-out (based on the income of the assets acquired after the acquisition thereof) or other customary similar arrangements otherwise permitted hereunder;\n(xi) Indebtedness resulting from judgments not resulting in an Event of Default under paragraph (k) of Article VIII;\n(xii) Indebtedness resulting from unfunded pension fund and other employee benefit plan obligations and liabilities to the extent that they are permitted to remain unfunded under Applicable Law;\n(xiii) Indebtedness resulting from Swap Agreements permitted hereunder;\n(xiv) Indebtedness consisting of guaranties of loans made to officers, directors or employees of any Group Member in an aggregate amount which shall not exceed $2,000,000 at any one time outstanding;\n(A) Indebtedness of the Borrower in respect of the Senior Notes in an aggregate principal amount not to exceed $1,000,000,000 (and Indebtedness resulting from any refinancing or replacement thereof as permitted by the Senior Notes Indenture, so long as the aggregate principal amount thereof shall not increase to more than $1,000,000,000 and the maturity thereof shall not be shortened) and (B) Guarantee Obligations of any Subsidiary Guarantor in respect of such Indebtedness; provided that, for the avoidance of doubt, the aggregate principal amount referenced in clause (A) shall not be deemed to be exceeded as a result of the incurrence of any refinancing or replacement Indebtedness in respect thereof so long as the net cash proceeds received as a result of such refinancing or replacement Indebtedness shall be placed in a segregated account or irrevocably deposited with the trustee for the Senior Notes and used by the Borrower within 30 days following such incurrence and receipt of such net proceeds for the repurchase of, tender for and/or redemption of Senior Notes and for expenses incurred in connection therewith;\n(xvi) ESOP Loans constituting Indebtedness of the Borrower in an aggregate principal amount not to exceed $60,000,000;\n(xvii) secured Indebtedness in an aggregate amount not to exceed $125,000,000 at any time outstanding;\n(xviii) secured Indebtedness of any Foreign Subsidiary in an aggregate amount not to exceed $150,000,000 at any time outstanding;\n(xix) Indebtedness that is unsecured in an aggregate amount not to exceed $300,000,000 at any time outstanding, so long as, after giving effect to the incurrence of such Indebtedness on a pro forma basis, (A) the Borrower is in compliance with Section 7.11 as of the end of the most recent fiscal quarter for which financial statements have been delivered and (B) no Default shall have occurred and be continuing, and, without limiting any of the forgoing, any refinancings, refundings, renewals, replacement, waivers, amendments, amendments and restatements or extensions thereof (without increasing, or shortening the maturity of, the principal amount thereof);\n(xx) Permitted Subordinated Debt, so long as, after giving effect to the incurrence of such Indebtedness on a pro forma basis, (A) the Borrower is in compliance with Section 7.11 as of the end of the most recent fiscal quarter for which financial statements have been delivered and (B) no Default shall have occurred and be continuing, and any refinancings, refundings, renewals, replacement, waivers, amendments, amendments and restatements or extensions thereof (without increasing, or shortening the maturity of, the principal amount thereof) so long as the resulting Indebtedness shall constitute Permitted Subordinated Debt;\n(xxi) Indebtedness of the Borrower or any of its Subsidiaries that is unsecured, so long as, after giving effect to the incurrence of such Indebtedness on a pro forma basis, (A) the Borrower is in compliance with Section 7.11(a), calculated with the Consolidated Leverage Ratio level set forth therein for the most recently ended fiscal quarter less 0.50, (B) the Borrower is in compliance with Section 7.11 as of the end of the most recent fiscal quarter for which financial statements have been delivered and (C) no Default shall have occurred and be continuing, and any refinancings, refundings, renewals, replacement, waivers, amendments, amendments and restatements or extensions thereof (without increasing, or shortening the maturity of, the principal amount thereof); and\n(xxii) in addition to Indebtedness otherwise expressly permitted by this Section, Indebtedness of the Borrower and its Subsidiaries not to exceed, together with (but without duplication of) any Guarantees outstanding pursuant to Section 7.01(b)(v), $125,000,000 at any one time outstanding.\n(b) The Borrower will not, and will not permit any of its Subsidiaries to, assume, endorse, be or become liable for, or Guarantee, the obligations of any other Person (except by the endorsement of negotiable instruments for deposit or collection in the ordinary course of business), except for:\n(i) Guarantees existing on the Fourth Restatement Effective Date and set forth on Schedule 7.01(b);\n(ii) Guarantees by the Borrower or any Subsidiary of obligations of the Borrower or any Subsidiary Guarantor (including, without limitation, all Indebtedness expressly permitted under Section 7.01(a));\n(iii) Guarantees by a Subsidiary of obligations of the Borrower under leases for real or personal property, provided that such Subsidiary will utilize all or a portion of such property;\n(iv) Guarantees by any Group Member of Indebtedness expressly permitted under Section 7.01(vi); provided such Guarantees are unsecured and subordinated to the extent the Indebtedness being so guaranteed is required to be so pursuant to Section 7.01(vi); and\n(v) Guarantees of the Borrower and its Subsidiaries not to exceed, together with (but without duplication of) any Indebtedness outstanding pursuant to Section 7.01(a)(xxii), $125,000,000 at any one time outstanding. For purposes of determining compliance with this Section 7.01, the Dollar Equivalent of the aggregate amount of any Indebtedness denominated in a Foreign Currency as of the date such Indebtedness is incurred shall be deemed to be the aggregate amount of such Indebtedness, and any fluctuation in the applicable exchange rate thereafter shall not affect compliance with this Section 7.01; provided that if any such Indebtedness is refinanced then, to the extent such refinancing is denominated in the same Foreign Currency and in the same principal amount and incurred by the same borrower, the Dollar Equivalent of such refinanced Indebtedness shall be determined using the applicable exchange rate as of the date such Indebtedness so refinanced was incurred.", "size": 19, "snippet_links": [{"key": "borrower-will", "type": "clause", "offset": [8, 21]}, {"key": "loan-party", "type": "definition", "offset": [166, 176]}, {"key": "loan-document", "type": "definition", "offset": [193, 206]}, {"key": "without-limitation", "type": "clause", "offset": [219, 237]}, {"key": "indebtedness-incurred", "type": "clause", "offset": [254, 275]}, {"key": "commitment-increase", "type": "definition", "offset": [292, 311]}, {"key": "other-group", "type": "definition", "offset": [355, 366]}, {"key": "group-members", "type": "definition", "offset": [448, 461]}, {"key": "loan-parties", "type": "clause", "offset": [476, 488]}, {"key": "domestic-subsidiaries", "type": "clause", "offset": [632, 653]}, {"key": "fourth-restatement-effective-date", "type": "definition", "offset": [673, 706]}, {"key": "amendments-and-restatements", "type": "clause", "offset": [826, 853]}, {"key": "the-principal-amount", "type": "definition", "offset": [928, 948]}, {"key": "capital-lease-obligations", "type": "definition", "offset": [1009, 1034]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [1118, 1138]}, {"key": "part-ii", "type": "definition", "offset": [1309, 1316]}, {"key": "provided-that", "type": "definition", "offset": [1338, 1351]}, {"key": "global-intercompany-note", "type": "clause", "offset": [1394, 1418]}, {"key": "a-loan", "type": "definition", "offset": [1436, 1442]}, {"key": "subject-to", "type": "clause", "offset": [1453, 1463]}, {"key": "guarantee-and-collateral-agreement", "type": "definition", "offset": [1487, 1521]}, {"key": "payment-in-full-of-the-obligations", "type": "definition", "offset": [1628, 1662]}, {"key": "terms-of-the", "type": "clause", "offset": [1679, 1691]}, {"key": "payment-by", "type": "clause", "offset": [1729, 1739]}, {"key": "subsidiary-guarantor", "type": "definition", "offset": [1744, 1764]}, {"key": "obligations-shall", "type": "definition", "offset": [1792, 1809]}, {"key": "reduction-of", "type": "clause", "offset": [1831, 1843]}, {"key": "to-the-borrower", "type": "definition", "offset": [1910, 1925]}, {"key": "other-subsidiary", "type": "definition", "offset": [1933, 1949]}, {"key": "a-bank", "type": "clause", "offset": [2070, 2076]}, {"key": "other-financial-institution", "type": "clause", "offset": [2080, 2107]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [2168, 2202]}, {"key": "insufficient-funds", "type": "definition", "offset": [2211, 2229]}, {"key": "in-respect-of", "type": "definition", "offset": [2234, 2247]}, {"key": "in-connection-with", "type": "clause", "offset": [2301, 2319]}, {"key": "operation-of", "type": "clause", "offset": [2324, 2336]}, {"key": "deposit-accounts", "type": "definition", "offset": [2347, 2363]}, {"key": "with-respect-to", "type": "clause", "offset": [2420, 2435]}, {"key": "liability-insurance", "type": "definition", "offset": [2461, 2480]}, {"key": "insurance-premiums", "type": "definition", "offset": [2499, 2517]}, {"key": "the-providers", "type": "definition", "offset": [2523, 2536]}, {"key": "pay-obligations", "type": "clause", "offset": [2588, 2603]}, {"key": "supply-arrangements", "type": "definition", "offset": [2607, 2626]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [2627, 2656]}, {"key": "insurance-obligations", "type": "clause", "offset": [2667, 2688]}, {"key": "payment-bonds", "type": "clause", "offset": [2748, 2761]}, {"key": "completion-guaranties", "type": "definition", "offset": [2786, 2807]}, {"key": "each-case", "type": "definition", "offset": [2812, 2821]}, {"key": "other-investment", "type": "clause", "offset": [3013, 3029]}, {"key": "form-of", "type": "definition", "offset": [3146, 3153]}, {"key": "customary-obligations", "type": "definition", "offset": [3154, 3175]}, {"key": "deferred-compensation", "type": "clause", "offset": [3235, 3256]}, {"key": "based-on", "type": "clause", "offset": [3268, 3276]}, {"key": "assets-acquired", "type": "clause", "offset": [3295, 3310]}, {"key": "the-acquisition", "type": "clause", "offset": [3317, 3332]}, {"key": "other-customary", "type": "clause", "offset": [3345, 3360]}, {"key": "similar-arrangements", "type": "definition", "offset": [3361, 3381]}, {"key": "resulting-from", "type": "definition", "offset": [3431, 3445]}, {"key": "event-of-default-under", "type": "definition", "offset": [3476, 3498]}, {"key": "article-viii", "type": "clause", "offset": [3516, 3528]}, {"key": "pension-fund", "type": "definition", "offset": [3573, 3585]}, {"key": "obligations-and-liabilities", "type": "clause", "offset": [3618, 3645]}, {"key": "to-the-extent", "type": "clause", "offset": [3646, 3659]}, {"key": "applicable-law", "type": "definition", "offset": [3709, 3723]}, {"key": "agreements-permitted", "type": "clause", "offset": [3765, 3785]}, {"key": "employees-of", "type": "clause", "offset": [3881, 3893]}, {"key": "aggregate-amount", "type": "clause", "offset": [3917, 3933]}, {"key": "the-senior-notes", "type": "clause", "offset": [4044, 4060]}, {"key": "senior-notes-indenture", "type": "definition", "offset": [4215, 4237]}, {"key": "be-shortened", "type": "clause", "offset": [4371, 4383]}, {"key": "guarantee-obligations", "type": "clause", "offset": [4393, 4414]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [4491, 4517]}, {"key": "in-clause", "type": "clause", "offset": [4561, 4570]}, {"key": "replacement-indebtedness", "type": "definition", "offset": [4662, 4686]}, {"key": "net-cash-proceeds", "type": "definition", "offset": [4721, 4738]}, {"key": "segregated-account", "type": "definition", "offset": [4829, 4847]}, {"key": "the-trustee", "type": "clause", "offset": [4878, 4889]}, {"key": "by-the-borrower", "type": "clause", "offset": [4920, 4935]}, {"key": "receipt-of", "type": "clause", "offset": [4981, 4991]}, {"key": "net-proceeds", "type": "clause", "offset": [4997, 5009]}, {"key": "the-repurchase", "type": "clause", "offset": [5014, 5028]}, {"key": "redemption-of-senior-notes", "type": "clause", "offset": [5051, 5077]}, {"key": "expenses-incurred", "type": "clause", "offset": [5086, 5103]}, {"key": "esop-loans", "type": "clause", "offset": [5135, 5145]}, {"key": "secured-indebtedness", "type": "clause", "offset": [5255, 5275]}, {"key": "at-any-time", "type": "clause", "offset": [5326, 5337]}, {"key": "foreign-subsidiary", "type": "clause", "offset": [5387, 5405]}, {"key": "after-giving", "type": "clause", "offset": [5605, 5617]}, {"key": "pro-forma-basis", "type": "definition", "offset": [5669, 5684]}, {"key": "compliance-with-section", "type": "clause", "offset": [5709, 5732]}, {"key": "most-recent-fiscal-quarter", "type": "definition", "offset": [5759, 5785]}, {"key": "financial-statements", "type": "definition", "offset": [5796, 5816]}, {"key": "default-shall", "type": "definition", "offset": [5848, 5861]}, {"key": "without-limiting", "type": "clause", "offset": [5900, 5916]}, {"key": "permitted-subordinated-debt", "type": "definition", "offset": [6150, 6177]}, {"key": "leverage-ratio-level", "type": "definition", "offset": [7038, 7058]}, {"key": "most-recently-ended", "type": "definition", "offset": [7085, 7104]}, {"key": "in-addition-to", "type": "clause", "offset": [7562, 7576]}, {"key": "indebtedness-of-the-borrower-and-its-subsidiaries", "type": "clause", "offset": [7637, 7686]}, {"key": "without-duplication", "type": "clause", "offset": [7721, 7740]}, {"key": "pursuant-to-section", "type": "clause", "offset": [7772, 7791]}, {"key": "obligations-of-any-other-person", "type": "clause", "offset": [7981, 8012]}, {"key": "negotiable-instruments", "type": "definition", "offset": [8043, 8065]}, {"key": "on-schedule", "type": "definition", "offset": [8220, 8231]}, {"key": "guarantees-by", "type": "clause", "offset": [8246, 8259]}, {"key": "subsidiary-of", "type": "definition", "offset": [8280, 8293]}, {"key": "obligations-of-the-borrower", "type": "definition", "offset": [8294, 8321]}, {"key": "real-or-personal-property", "type": "definition", "offset": [8524, 8549]}, {"key": "a-portion", "type": "definition", "offset": [8601, 8610]}, {"key": "unsecured-and-subordinated", "type": "clause", "offset": [8754, 8780]}, {"key": "the-indebtedness", "type": "clause", "offset": [8795, 8811]}, {"key": "guarantees-of-the-borrower", "type": "clause", "offset": [8891, 8917]}, {"key": "indebtedness-outstanding", "type": "clause", "offset": [9001, 9025]}, {"key": "for-purposes-of", "type": "clause", "offset": [9103, 9118]}, {"key": "compliance-with-this-section", "type": "clause", "offset": [9131, 9159]}, {"key": "dollar-equivalent-of-the", "type": "definition", "offset": [9170, 9194]}, {"key": "foreign-currency", "type": "clause", "offset": [9249, 9265]}, {"key": "applicable-exchange-rate", "type": "clause", "offset": [9403, 9427]}, {"key": "refinanced-indebtedness", "type": "clause", "offset": [9723, 9746]}], "hash": "8ac68b5dafa54d0877f6b691f2a0fad1", "id": 2}, {"samples": [{"hash": "9HORipi1SKC", "uri": "/contracts/9HORipi1SKC#indebtedness-guarantees", "label": "Share Purchase Agreement (Airwa Inc.)", "score": 37.0958251953, "published": true}, {"hash": "hpGfkOFiTcz", "uri": "/contracts/hpGfkOFiTcz#indebtedness-guarantees", "label": "Share Purchase Agreement (Airwa Inc.)", "score": 36.8193016052, "published": true}, {"hash": "eBYyb7Bc1oE", "uri": "/contracts/eBYyb7Bc1oE#indebtedness-guarantees", "label": "Share Purchase Agreement (Connexa Sports Technologies Inc.)", "score": 35.2176589966, "published": true}], "snippet": "Assume or guarantee any indebtedness for borrowed money other than (a) pursuant to any indebtedness instrument outstanding as of the date of this Agreement and made available to Buyer, (b) in connection with interest rate h\u2587\u2587\u2587\u2587\u2587 on terms in the ordinary course of business consistent with past practice, or (c) pursuant to any letters of credit that the Company enters into in the ordinary course of its business;", "size": 7, "snippet_links": [{"key": "indebtedness-for-borrowed-money", "type": "definition", "offset": [24, 55]}, {"key": "pursuant-to", "type": "clause", "offset": [71, 82]}, {"key": "indebtedness-instrument", "type": "definition", "offset": [87, 110]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [133, 155]}, {"key": "to-buyer", "type": "definition", "offset": [175, 183]}, {"key": "interest-rate", "type": "definition", "offset": [208, 221]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [238, 272]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [273, 302]}, {"key": "letters-of-credit", "type": "clause", "offset": [327, 344]}, {"key": "the-company", "type": "clause", "offset": [350, 361]}], "hash": "5a31f7d8851212b554fd28eb875ac297", "id": 3}, {"samples": [{"hash": "jAXc0v0Wead", "uri": "/contracts/jAXc0v0Wead#indebtedness-guarantees", "label": "Contingent Value Rights Agreement (Ikonics Corp)", "score": 32.5756340027, "published": true}, {"hash": "jaJZSJ3LVjk", "uri": "/contracts/jaJZSJ3LVjk#indebtedness-guarantees", "label": "Contingent Value Rights Agreement (Ikonics Corp)", "score": 32.4798088074, "published": true}, {"hash": "f2ipEeTAp19", "uri": "/contracts/f2ipEeTAp19#indebtedness-guarantees", "label": "Contingent Value Rights Agreement (Ikonics Corp)", "score": 32.4798088074, "published": true}], "snippet": "Incur, assume or guarantee any indebtedness for borrowed money, other than pursuant to any indebtedness instrument outstanding as of the date of the Merger Agreement and made available to Parent;", "size": 4, "snippet_links": [{"key": "indebtedness-for-borrowed-money", "type": "definition", "offset": [31, 62]}, {"key": "pursuant-to", "type": "clause", "offset": [75, 86]}, {"key": "indebtedness-instrument", "type": "definition", "offset": [91, 114]}, {"key": "the-merger-agreement", "type": "clause", "offset": [145, 165]}, {"key": "to-parent", "type": "definition", "offset": [185, 194]}], "hash": "4f38bfb499b63b3c10ddba1c9952013b", "id": 4}, {"samples": [{"hash": "jAavJgs1Rq4", "uri": "/contracts/jAavJgs1Rq4#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.)", "score": 34.1964416504, "published": true}, {"hash": "23j7X1GWDSM", "uri": "/contracts/23j7X1GWDSM#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.)", "score": 30.6947288513, "published": true}, {"hash": "hozM3JtWkRi", "uri": "/contracts/hozM3JtWkRi#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (GOLUB CAPITAL INVESTMENT Corp)", "score": 30.0157432556, "published": true}], "snippet": "Such Loan Party shall not create, incur, assume or suffer to exist any Indebtedness other than Indebtedness permitted under the Transaction Documents. Such Loan Party shall incur no Indebtedness secured by the Collateral other than the Obligations. Such Loan Party shall not assume, guarantee, endorse or otherwise be or become directly or contingently liable for the obligations of any Person by, among other things, agreeing to purchase any obligation of another Person, agreeing to advance funds to such Person or causing or assisting such Person to maintain any amount of capital, other than as expressly permitted under the Transaction Documents (it being understood that the assets of the Securitization Subsidiaries shall be pledged to secure the obligations of the Borrower).", "size": 3, "snippet_links": [{"key": "loan-party", "type": "definition", "offset": [5, 15]}, {"key": "the-transaction-documents", "type": "clause", "offset": [124, 149]}, {"key": "indebtedness-secured", "type": "definition", "offset": [182, 202]}, {"key": "the-collateral", "type": "clause", "offset": [206, 220]}, {"key": "the-obligations", "type": "clause", "offset": [232, 247]}, {"key": "any-person", "type": "definition", "offset": [383, 393]}, {"key": "another-person", "type": "definition", "offset": [457, 471]}, {"key": "advance-funds", "type": "definition", "offset": [485, 498]}, {"key": "to-maintain", "type": "clause", "offset": [550, 561]}, {"key": "the-assets", "type": "clause", "offset": [677, 687]}, {"key": "securitization-subsidiaries", "type": "clause", "offset": [695, 722]}, {"key": "to-secure", "type": "clause", "offset": [740, 749]}, {"key": "obligations-of-the-borrower", "type": "definition", "offset": [754, 781]}], "hash": "066076b5ef1c7059bf3cc4e94e9c5380", "id": 5}, {"samples": [{"hash": "7hEo8TE8Pzq", "uri": "/contracts/7hEo8TE8Pzq#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (Golub Capital Direct Lending Corp)", "score": 35.3709793091, "published": true}, {"hash": "jl8kuw3jVOV", "uri": "/contracts/jl8kuw3jVOV#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (Golub Capital BDC 3, Inc.)", "score": 35.2861061096, "published": true}, {"hash": "90xOlG3XRRy", "uri": "/contracts/90xOlG3XRRy#indebtedness-guarantees", "label": "Loan Financing and Servicing Agreement (Golub Capital BDC 4, Inc.)", "score": 35.2477760315, "published": true}], "snippet": "Such Loan Party shall not create, incur, assume or suffer to exist any Indebtedness other than (i) Indebtedness incurred or permitted under the terms of the Transaction Documents, (ii) Indebtedness incurred pursuant to certain ordinary business expenses arising pursuant to the transactions contemplated by this Agreement and the other Transaction Documents, (iii) obligations permitted under its Constituent Documents and (iv) pursuant to customary indemnification, expense reimbursement and similar provisions under the Underlying Instruments. Such Loan Party shall incur no Indebtedness secured by the Collateral other than the Obligations. Such Loan Party shall not assume, guarantee, endorse or otherwise be or become directly or contingently liable for the obligations of any Person by, among other things, agreeing to purchase any obligation of another Person, agreeing to advance funds to such Person or causing or assisting such Person to maintain any amount of capital, other than as expressly permitted under the Transaction Documents (it being understood that the assets of the Securitization Subsidiaries shall be pledged to secure the obligations of the Borrower).", "size": 3, "snippet_links": [{"key": "loan-party", "type": "definition", "offset": [5, 15]}, {"key": "indebtedness-incurred", "type": "clause", "offset": [99, 120]}, {"key": "the-transaction-documents", "type": "clause", "offset": [153, 178]}, {"key": "ordinary-business-expenses", "type": "clause", "offset": [227, 253]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [274, 321]}, {"key": "other-transaction-documents", "type": "definition", "offset": [330, 357]}, {"key": "constituent-documents", "type": "definition", "offset": [397, 418]}, {"key": "expense-reimbursement", "type": "definition", "offset": [467, 488]}, {"key": "similar-provisions", "type": "clause", "offset": [493, 511]}, {"key": "underlying-instruments", "type": "definition", "offset": [522, 544]}, {"key": "indebtedness-secured", "type": "definition", "offset": [577, 597]}, {"key": "the-collateral", "type": "clause", "offset": [601, 615]}, {"key": "the-obligations", "type": "clause", "offset": [627, 642]}, {"key": "any-person", "type": "definition", "offset": [778, 788]}, {"key": "another-person", "type": "definition", "offset": [852, 866]}, {"key": "advance-funds", "type": "definition", "offset": [880, 893]}, {"key": "to-maintain", "type": "clause", "offset": [945, 956]}, {"key": "the-assets", "type": "clause", "offset": [1072, 1082]}, {"key": "securitization-subsidiaries", "type": "clause", "offset": [1090, 1117]}, {"key": "to-secure", "type": "clause", "offset": [1135, 1144]}, {"key": "obligations-of-the-borrower", "type": "definition", "offset": [1149, 1176]}], "hash": "e0c6e3b3a7b26ab341f0b022cbcbbb05", "id": 6}, {"samples": [{"hash": "h2HgBbxOB09", "uri": "/contracts/h2HgBbxOB09#indebtedness-guarantees", "label": "Agreement and Plan of Merger (Avalon GloboCare Corp.)", "score": 36.1868591309, "published": true}, {"hash": "2iHPju9ZsXi", "uri": "/contracts/2iHPju9ZsXi#indebtedness-guarantees", "label": "Agreement and Plan of Merger (Avalon GloboCare Corp.)", "score": 36.1868591309, "published": true}], "snippet": "Incur, assume or guarantee any indebtedness for borrowed money, other than (i) pursuant to any indebtedness instrument outstanding as of the date of this Agreement and made available to the Company, and (ii) pursuant to promissory notes issued in connection with any acquisition by the PubCo Entities, which is made pursuant to the terms set forth in Section 5.02(g), provided that the indebtedness under any such promissory note taken individually, and all such promissory notes in the aggregate, does not exceed $250,000;", "size": 3, "snippet_links": [{"key": "indebtedness-for-borrowed-money", "type": "definition", "offset": [31, 62]}, {"key": "indebtedness-instrument", "type": "definition", "offset": [95, 118]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [141, 163]}, {"key": "to-the-company", "type": "definition", "offset": [183, 197]}, {"key": "to-promissory-notes", "type": "clause", "offset": [217, 236]}, {"key": "in-connection-with", "type": "clause", "offset": [244, 262]}, {"key": "pubco-entities", "type": "definition", "offset": [286, 300]}, {"key": "pursuant-to-the-terms", "type": "clause", "offset": [316, 337]}, {"key": "provided-that", "type": "definition", "offset": [368, 381]}, {"key": "the-indebtedness", "type": "clause", "offset": [382, 398]}, {"key": "in-the-aggregate", "type": "definition", "offset": [480, 496]}], "hash": "4592542b2a12808fc20b863cbc73cf5e", "id": 7}, {"samples": [{"hash": "RRJG3miHvn", "uri": "/contracts/RRJG3miHvn#indebtedness-guarantees", "label": "Merger Agreement (Bruush Oral Care Inc.)", "score": 35.0752906799, "published": true}, {"hash": "wAZHSL3PBF", "uri": "/contracts/wAZHSL3PBF#indebtedness-guarantees", "label": "Merger Agreement (Bruush Oral Care Inc.)", "score": 34.9520874023, "published": true}], "snippet": "Except as set forth in Section 5.01(d) of the Company Disclosure Letter, assume or guarantee any indebtedness for borrowed money in excess of $1,000,000, other than: (i) pursuant to any indebtedness instrument outstanding as of the date of this Agreement and made available to PubCo, (ii) in connection with interest rate h\u2587\u2587\u2587\u2587\u2587 on terms in the ordinary course of business consistent with past practice or (iii) pursuant to any letters of credit that the Company enters into in the ordinary course of its business;", "size": 3, "snippet_links": [{"key": "company-disclosure-letter", "type": "definition", "offset": [46, 71]}, {"key": "indebtedness-for-borrowed-money", "type": "definition", "offset": [97, 128]}, {"key": "pursuant-to", "type": "clause", "offset": [170, 181]}, {"key": "indebtedness-instrument", "type": "definition", "offset": [186, 209]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [232, 254]}, {"key": "available-to", "type": "definition", "offset": [264, 276]}, {"key": "interest-rate", "type": "definition", "offset": [308, 321]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [338, 372]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [373, 402]}, {"key": "letters-of-credit", "type": "clause", "offset": [428, 445]}], "hash": "a0625b8a09cef5769aa3f367475cab7b", "id": 8}, {"samples": [{"hash": "jBVp0HpCVot", "uri": "/contracts/jBVp0HpCVot#indebtedness-guarantees", "label": "Asset Purchase Agreement (Cholestech Corporation)", "score": 18.0, "published": true}, {"hash": "3VzccayhvQt", "uri": "/contracts/3VzccayhvQt#indebtedness-guarantees", "label": "Asset Purchase Agreement (Cholestech Corporation)", "score": 18.0, "published": true}], "snippet": "Except as set forth in the Disclosure Letter, Seller has no indebtedness for money borrowed or for the deferred purchase price of property or services, capital lease obligations, conditional sale or other title retention agreements relating to the Acquired Assets (\"Indebtedness\"). Seller is not a guarantor or otherwise liable for any Liability or obligation of any other Person for any matter which relates to or affects or will affect the Acquired Assets.", "size": 3, "snippet_links": [{"key": "disclosure-letter", "type": "clause", "offset": [27, 44]}, {"key": "indebtedness-for-money-borrowed", "type": "definition", "offset": [60, 91]}, {"key": "deferred-purchase-price-of-property", "type": "definition", "offset": [103, 138]}, {"key": "capital-lease-obligations", "type": "definition", "offset": [152, 177]}, {"key": "conditional-sale", "type": "clause", "offset": [179, 195]}, {"key": "title-retention-agreements", "type": "clause", "offset": [205, 231]}, {"key": "relating-to", "type": "definition", "offset": [232, 243]}, {"key": "the-acquired-assets", "type": "clause", "offset": [244, 263]}, {"key": "seller-is-not-a", "type": "clause", "offset": [282, 297]}, {"key": "any-other-person", "type": "definition", "offset": [363, 379]}, {"key": "relates-to", "type": "definition", "offset": [401, 411]}], "hash": "cd0ecb3bc7ebe0b09a5fa7f48e219693", "id": 9}, {"samples": [{"hash": "irc8Ow3WMgp", "uri": "/contracts/irc8Ow3WMgp#indebtedness-guarantees", "label": "Term Loan Agreement (Aemetis, Inc)", "score": 34.9904174805, "published": true}, {"hash": "lkYJu0u6mPm", "uri": "/contracts/lkYJu0u6mPm#indebtedness-guarantees", "label": "Construction & Term Loan Agreement (Aemetis, Inc)", "score": 34.577003479, "published": true}], "snippet": "Borrower shall not create, incur, assume or suffer to exist any Indebtedness or obligation for money borrowed, or guarantee, endorse, or otherwise be or become contingently liable on any debt or obligations to any Person without first obtaining the written consent of \u2587\u2587\u2587\u2587\u2587\u2587, except for the following (\u201cPermitted Indebtedness\u201d): (i) in addition to any other Indebtedness permitted under this Section, obligations to any Person (including, without limitation, to any Affiliate) other than the Lender not exceeding $1,000,000 in the aggregate; (ii) capital leases with rental payments not exceeding $100,000.00 in the aggregate per year; and (iii) operating leases with rental payments not exceeding $50,000.00 per year; (iv) any debt secured by purchase money liens permitted pursuant to Section 4.3(g)(iii) below; and (iv) other liabilities and obligations in existence as of the date of this Agreement and disclosed in the most recent financial statement submitted to Lender.", "size": 3, "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "money-borrowed", "type": "clause", "offset": [95, 109]}, {"key": "any-debt", "type": "definition", "offset": [183, 191]}, {"key": "any-person", "type": "definition", "offset": [210, 220]}, {"key": "consent-of", "type": "clause", "offset": [257, 267]}, {"key": "permitted-indebtedness", "type": "clause", "offset": [303, 325]}, {"key": "in-addition-to", "type": "clause", "offset": [333, 347]}, {"key": "other-indebtedness", "type": "definition", "offset": [352, 370]}, {"key": "without-limitation", "type": "clause", "offset": [439, 457]}, {"key": "the-lender", "type": "clause", "offset": [488, 498]}, {"key": "in-the-aggregate", "type": "definition", "offset": [524, 540]}, {"key": "capital-leases", "type": "definition", "offset": [547, 561]}, {"key": "rental-payments", "type": "definition", "offset": [567, 582]}, {"key": "per-year", "type": "definition", "offset": [626, 634]}, {"key": "operating-leases", "type": "clause", "offset": [646, 662]}, {"key": "debt-secured", "type": "clause", "offset": [728, 740]}, {"key": "purchase-money-liens", "type": "definition", "offset": [744, 764]}, {"key": "pursuant-to-section", "type": "clause", "offset": [775, 794]}, {"key": "other-liabilities-and-obligations", "type": "clause", "offset": [823, 856]}, {"key": "in-existence", "type": "definition", "offset": [857, 869]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [880, 902]}, {"key": "most-recent-financial-statement", "type": "definition", "offset": [924, 955]}, {"key": "to-lender", "type": "definition", "offset": [966, 975]}], "hash": "6ef633cbdd0718575c8ac66c36dafc9e", "id": 10}], "next_curs": "CmASWmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IiBpbmRlYnRlZG5lc3MtZ3VhcmFudGVlcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"parents": [["covenants", "COVENANTS"], ["conduct-of-business-of-the-company", "Conduct of Business of the Company"], ["negative-covenants", "NEGATIVE COVENANTS"], ["aifmd", "AIFMD"], ["miscellaneous", "Miscellaneous"]], "size": 224, "children": [["", ""], ["guarantees-of-the-borrower-and-its-subsidiaries", "Guarantees of the Borrower and its Subsidiaries"], ["guarantees-by-a-subsidiary-of-obligations", "Guarantees by a Subsidiary of obligations"], ["no-adverse-interest-of-collateral-agent", "No Adverse Interest of Collateral Agent"], ["removal-or-resignation-of-collateral-agent", "Removal or Resignation of Collateral Agent"]], "title": "Indebtedness; Guarantees", "id": "indebtedness-guarantees", "related": [["subsidiary-guarantees", "Subsidiary Guarantees", "Subsidiary Guarantees"], ["additional-subsidiary-guarantees", "Additional Subsidiary Guarantees", "Additional Subsidiary Guarantees"], ["limitation-on-guarantees-of-indebtedness-by-restricted-subsidiaries", "Limitation on Guarantees of Indebtedness by Restricted Subsidiaries", "Limitation on Guarantees of Indebtedness by Restricted Subsidiaries"], ["pari-passu-guarantees", "Pari Passu Guarantees", "Pari Passu Guarantees"], ["indebtedness", "Indebtedness", "Indebtedness"]], "related_snippets": [], "updated": "2026-05-10T05:39:37+00:00"}, "json": true, "cursor": ""}}