Other Debt and Obligations. No Borrower or Operating Lessee has any financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which any Borrower or Operating Lessee is a party, or by which Borrower, Operating Lessee or any Individual Property is bound, other than (a) unsecured trade payables incurred in the ordinary course of business relating to the ownership and operation of an Individual Property which are not evidenced by a promissory note and when aggregated with the unsecured trade payables of all other Borrowers and Operating Lessee, do not exceed a maximum amount of two and one-half percent (2.5%) of the Loan Amount and are paid within sixty (60) days of the date incurred (unless same are being contested in accordance with the terms of this Agreement), and (b) obligations under the Mortgage and the other Loan Documents. No Borrower or Operating Lessee has borrowed or received other debt financing that has not been heretofore repaid in full and no Borrower has any known material contingent liabilities.
Other Debt and Obligations. Borrower has no financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which Borrower is a party, or by which Borrower is bound, other than obligations under the Loan Documents. Borrower has not borrowed or received other debt financing that has not been heretofore repaid in full and Borrower has no known material Contingent Obligations.
Other Debt and Obligations. No Borrower or Operating Lessee has any financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which any Borrower or Operating Lessee is a party, or by which Borrower, Operating Lessee or any Individual Property is bound, other than (a) unsecured trade payables and operational debt incurred in the ordinary course of business relating to the ownership and operation of an Individual Property which are not evidenced by a promissory note and when aggregated with the unsecured trade payables of all other Borrowers and Operating Lessee, do not exceed a maximum amount of two percent (2.0%) of the Loan Amount and are paid within sixty (60) days of the date incurred (unless same are being contested in accordance with the terms of this Agreement), (b) obligations under the Mortgage and the other Loan Documents, and (c) the FF&E Financing. No Borrower or Operating Lessee has borrowed or received other debt financing that has not been heretofore repaid in full and no Borrower has any known material contingent liabilities.
Other Debt and Obligations. No Borrower has any financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which any Borrower is a party, or by which Borrower or any Individual Property is bound, other than (a) unsecured trade payables incurred in the ordinary course of business relating to the ownership and operation of an Individual Property which are not evidenced by a promissory note and when aggregated with the unsecured trade payables of all other Borrowers do not exceed a maximum amount of two and one-half percent (2.5%) of the Loan Amount and are paid within sixty (60) days of the date incurred (unless same are being contested in accordance with the terms of this Agreement), and (b) obligations under the Mortgage and the other Loan Documents. No Borrower has borrowed or received other debt financing that has not been heretofore repaid in full and no Borrower has any known material contingent liabilities.
Other Debt and Obligations. Borrower has no financial obligation -------------------------- under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which Borrower is a party, or by which Borrower is bound, other than the FBTC Debt and unsecured trade payables incurred in the ordinary course of business relating to the ownership of the Facility which do not exceed, at any time, a maximum amount of Ten Thousand Dollars ($10,000) and are paid within ninety (90) days of the date incurred, and other than obligations under the Mortgage and the other Loan Documents. Except for the FBTC Debt, Borrower has not borrowed or received other debt financing that has not been heretofore repaid in full and Borrower has no known material contingent liabilities.
Other Debt and Obligations. Operator has no financial obligation -------------------------- under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which Operator is a party, or by which Operator or the Facility is bound, other than unsecured trade payables incurred in the ordinary course of business relating to the ownership and operation of the Facility which do not exceed, at any time, a maximum amount of one percent (1%) of the Loan Amount and are paid within ninety (90) days of the date incurred, and other than obligations under the Leasehold Mortgage, the other Loan Documents, the Operator Lease and those Pledge Agreements (as defined in the Operator Lease) executed by Operator. Operator has not borrowed or received other debt financing that has not been heretofore repaid in full and Operator has no known material contingent liabilities.
Other Debt and Obligations. Neither Mezzanine Borrower nor any general partner of either of them nor Property Owner has any financial obligation under any indenture, mortgage, deed of trust, loan agreement or other similar agreement or instrument to which Mezzanine Borrower, any such general partner or Property Owner is a party, or by which Mezzanine Borrower, any such general partner or Property Owner is bound, other than obligations under the Mezzanine Loan Documents and other than the Permitted Indebtedness. Neither Mezzanine Borrower nor any general partner of either of them nor Property Owner has borrowed or received other debt financing that has not been heretofore repaid in full and neither Mezzanine Borrower nor any general partner of either of them nor Property Owner has any known material Contingent Liabilities.
Other Debt and Obligations. Borrower has no financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which Borrower is a party, except in connection with this Agreement, or by which Borrower or the Property is bound, other than (i) the Management Agreement and the Development Agreement, or (ii) unsecured trade payables incurred in the ordinary course of business relating to the ownership and operation of the Property and financing of Equipment or vehicles used in the ordinary course of business relating to the ownership and operation of the Property which do not exceed, at any time, a maximum amount of one percent (1%) of the Loan and are paid within ninety (90) days of the date incurred, and other than obligations under the Mortgage and the other Loan Documents. Borrower has not borrowed or received other debt financing that has not been heretofore repaid in full and Borrower has no known material contingent liabilities.
Other Debt and Obligations. Manager has no financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which Manager is a party, except in connection with this Agreement, or by which Manager or the Property is bound, other than (i) Construction Documents, (ii) the Management Agreement and the Development Agreement, (iii) unsecured trade payables incurred in the ordinary course of business relating to the ownership and operation of the Property and financing of Equipment or vehicles used in the ordinary course of business relating to the ownership and operation of the Property which do not exceed, at any time, a maximum amount of one percent (1%) of the Loan and are paid within ninety (90) days of the date incurred, and other than obligations under the Mortgage and the other Loan Documents. Manager has not borrowed or received other debt financing that has not been heretofore repaid in full and Manager has no known material contingent liabilities.
Other Debt and Obligations. Borrower has no financial obligation under any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which Borrower is a party, or by which Borrower is bound, other than obligations under the Loan Documents and the Senior Loan Documents. Borrower has not borrowed or received other debt financing that has not been heretofore repaid in full (other than the indebtedness evidenced and secured by the Senior Loan Documents) and Borrower has no known material Contingent Obligations (exclusive of indemnities, assurances or other agreements to hold harmless another Person which are given in the ordinary course of business or in connection with a Permitted Transfer).
