No Debt. Borrower shall not, and shall not allow Operator to, create, incur, assume, or permit to exist any indebtedness other than [i] trade debt incurred in the ordinary course of Borrower’s or Operator’s business; and [ii] indebtedness that is secured by any Permitted Lien.
Appears in 4 contracts
Samples: Loan Agreement (Genesis Healthcare, Inc.), Loan Agreement (Genesis Healthcare, Inc.), Loan Agreement (Genesis Healthcare, Inc.)