Limitation on Other Debt Sample Clauses

Limitation on Other Debt. Borrower and Managing Member shall not, without the prior written consent of Administrative Agent and the Majority Lenders, incur any Debt other than, in the case of the Borrower, the Loans and trade and operational debt described in subsection (p) of the definition of Single Purpose Entity.
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Limitation on Other Debt. Borrower shall not, without the prior consent of Lender, incur any Debt other than the Loan and customary trade payables which are payable, and shall be paid, within thirty (30) days of when invoiced and do not exceed, in the aggregate, two percent (2.0%) of the Principal Balance.
Limitation on Other Debt. Borrower (and each general partner or managing member in Borrower, if any) shall not, without the prior written consent of Lender, (1) incur any Debt other than the Loan and (2) permit the Subsidiaries to incur any Debt other than their obligations under the Mortgages and customary trade payables which are payable, and shall be paid, within sixty (60) days of when incurred.
Limitation on Other Debt. No Borrower shall, without the prior written consent of Agent, which consent shall not be unreasonably withheld or delayed, incur any Debt, except for Debt arising hereunder and under the Loan Documents and unsecured trade payables in the ordinary course of business.
Limitation on Other Debt. Except as expressly provided in Section 8.1, Borrower (and each general partner in Borrower, if any) shall not, without the prior written consent of the Administrative Agent and the Majority Lenders, incur any Debt other than the Loans, the Interest Rate Protection Agreement and trade and operational debt described in subsection (o) of the definition of Single Purpose Entity.
Limitation on Other Debt. 8283 Section 9.9
Limitation on Other Debt. Borrower shall not, without the prior written consent of Administrative Agent and the Majority Lenders, incur any Debt other than the Loans and trade and operational payables described in subsection (xv) of the definition of Single Purpose Entity.
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Limitation on Other Debt. Other than Permitted Indebtedness, Maker shall not incur, and shall not permit any of its Subsidiaries to incur, any Indebtedness unless the ratio of Maker's EBITDA (taking into account on a pro forma basis for historic operations without regard to synergies the results of operations of any person acquired as if such acquisition had occurred at the beginning of the period) for the preceding four fiscal quarters (or if fewer than four fiscal quarters have elapsed since the date of this Note, then for the number of fiscal quarters elapsed since the date of this Note) to Total Interest Expense (taking into account on a pro forma basis interest expense on the Indebtedness to be incurred as if it were incurred at the beginning of the period) for the four fiscal quarters (or if fewer than four fiscal quarters have elapsed since the date of this Note, then for the number of quarters elapsed since the date of this Note), is at least 1.75:1.
Limitation on Other Debt. Borrower shall not, without the prior written consent of Lender, incur any Debt (including Debt to any Affiliate) other than Permitted Debt. Borrower has no outstanding indebtedness, secured or unsecured, direct or contingent (including any guaranties), other than the Permitted Debt. Without limiting the foregoing, no Debt other than the Loan may be secured (subordinate or pari passu) by the Property.
Limitation on Other Debt. Neither Borrower nor Mortgage Borrower shall, without the prior written consent of the Administrative Agent and the Majority Lenders (which consent may be withheld in the Administrative Agent’s sole and absolute discretion), incur any Debt other as permitted under subsection (o) of the definition of Single Purpose Entity.
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