Common use of Liabilities; Indebtedness Clause in Contracts

Liabilities; Indebtedness. Except as disclosed in the Registration Statement, SCP III has not incurred any indebtedness except for the Allocated Debt, debt secured by Permitted Liens, trade payables which are no more than sixty (60) days past due and other customary and ordinary expenses in the ordinary course of business.

Appears in 2 contracts

Samples: Contribution Agreement (STAG Industrial, Inc.), Contribution Agreement (STAG Industrial, Inc.)

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Liabilities; Indebtedness. Except as disclosed in the Registration Statement, SCP III has not incurred any indebtedness except for the Allocated Debt, debt secured by Permitted Liens, trade payables which are no more than sixty (60) days past due and other customary and ordinary expenses in the ordinary course of business.

Appears in 2 contracts

Samples: Contribution Agreement (STAG Industrial, Inc.), Contribution Agreement (STAG Industrial, Inc.)

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