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Common use of Material Debt Clause in Contracts

Material Debt. Defined in Section 6.11(i).

Appears in 7 contracts

Sources: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Related Clauses

  • Indebtedness of Subsidiaries
  • Existing Indebtedness; Future Liens
  • Intercompany Indebtedness
  • Subordination of Intercompany Indebtedness
  • Subordinated Indebtedness

Parent Clauses

  • Default
  • Cross Default
  • Amendments to Credit Agreement
  • AMENDMENTS TO LOAN AGREEMENT
  • Material Debt and Liens

Sub-Clauses

  • Certain Other Amendments
  • Delegation of Duties
  • Waiver; Amendments
  • Costs; Expenses
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