Common use of Liabilities and Indebtedness of the Borrower Clause in Contracts

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00) or otherwise have a Material Adverse Effect.

Appears in 8 contracts

Samples: Consent and Agreement (Pacific Ventures Group, Inc.), Security Agreement (Drone USA Inc.), Senior Secured Revolving Credit Facility Agreement (Hispanica International Delights of America, Inc.)

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Liabilities and Indebtedness of the Borrower. The No Credit Parties do not have Party has any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statementsfinancial statements delivered to the Lender as of the Closing Date; or (ii) liabilities and obligations incurred in the Ordinary Course of Business of any Credit Party since the date of the last Financial Statements financial statements delivered to Lender as of the Closing Date, which do not or would not, individually or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00$10,000) or otherwise have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Facility Agreement (Cd International Enterprises, Inc.), Credit Facility Agreement (Oncologix Tech Inc.), Senior Secured Revolving Credit Facility Agreement (Encore Brands, Inc.)

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Twenty Thousand and No/100 United States Dollars (US$10,000.0020,000.00) or otherwise have a Material Adverse Effect.

Appears in 2 contracts

Samples: Consent and Agreement (Sack Lunch Productions Inc.), Consent and Agreement (Sack Lunch Productions Inc.)

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial StatementsStatements or on Schedule 7.17; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00) or otherwise have a Material Adverse Effect.

Appears in 1 contract

Samples: Consent and Agreement (Bitzio, Inc.)

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or financial obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and financial obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00) or otherwise have a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Vapor Hub International Inc.)

Liabilities and Indebtedness of the Borrower. The Except as set forth in Schedule 7.17, the Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00) or otherwise have a Material Adverse Effect.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Tarsier Ltd.)

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Fifty Thousand and No/100 United States Dollars (US$10,000.0050,000.00) or otherwise have a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.)

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Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial StatementsStatements and/or Schedule 7.4(b); or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00) or otherwise have a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Artec Global Media, Inc.)

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually or in the aggregate, exceed Ten Twenty-Five Thousand and No/100 United States Dollars (US$10,000.0025,000.00) or otherwise have a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Grow Solutions Holdings, Inc.)

Liabilities and Indebtedness of the Borrower. The Credit Parties do not have any Funded Indebtedness or any liabilities or obligations of any nature whatsoever, except: (i) as disclosed in the Financial Statements; or (ii) liabilities and obligations incurred in the Ordinary Course of Business since the date of the last Financial Statements which do not or would not, individually not have or in the aggregate, exceed Ten Thousand and No/100 United States Dollars (US$10,000.00) or otherwise have cause a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Mint Leasing Inc)

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