Common use of Limitations on Indebtedness Clause in Contracts

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness Indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except indebtedness or liabilities of Borrower, Indebtedness other than for money borrowed, incurred or arising Indebtedness to Lenders and Indebtedness approved by each such Lender in the ordinary course of businessits sole discretion.

Limitations on Indebtedness. Borrower shall will not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the BankLender, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to Loan Number - Note 1: 14773069001 indebtedness to the Bank, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the BankLender, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.. Loan Number - Note 1: 14931139002

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, for or suffer to exist indebtedness in addition to indebtedness to the Bank, except Permitted Indebtedness or indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business. All debts of the Borrower to related parties, existing or future, will be subordinated to Bank debt.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the BankLender, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business, capital leases and purchase money indebtedness provided that the same does not exceed, in the aggregate, an amount equal to $25,000.

Limitations on Indebtedness. Borrower shall not issue incur any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except (i) indebtedness or liabilities of BorrowerBorrower directly connected with the liens and security interests approved by the Bank in accordance with Section 3.4, and (ii) indebtedness or liabilities other than for money borrowed, that are unsecured and incurred or arising arise in the ordinary course of Borrower’s business.

Limitations on Indebtedness. Borrower shall not hereafter issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. So long as the Loan is outstanding, Borrower shall not issue any evidence of indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the BankLender (including any debt to the Lender in which Lender only has a participation), except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness Indebtedness or create, assume, guarantee, become contingently liable for, or suffer to exist indebtedness Indebtedness in addition to indebtedness Indebtedness to the Bank, except indebtedness Indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.

Limitations on Indebtedness. Borrower shall not issue any evidence of indebtedness or create, ,assume, guarantee, become contingently liable for, or suffer to exist indebtedness in addition to indebtedness to the Bank, except indebtedness or liabilities of Borrower, other than for money borrowed, incurred or arising in the ordinary course of business.