Common use of Other Debts Clause in Contracts

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations (other than those to the Bank), or become liable for the debts of others without the Bank's written consent. This does not prohibit: (a) Acquiring goods, supplies, or merchandise on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts and lines of credit in existence on the date of this Agreement disclosed in writing to the Bank. (e) Additional debts for business purposes which do not exceed a total principal amount of Two Million and No/100 Dollars ($2,000,000.00) outstanding at any one time.

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations (other than those to the Bank), or become liable for the debts of others without the Bank's written consent. This does not prohibit: (a) Acquiring goods, supplies, or merchandise on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts and lines of credit and leases in existence on the date of this Agreement disclosed in writing to the Bank. (e) Additional debts and lease obligations for business purposes which do not exceed a total principal amount of Two One Million and No/100 Dollars ($2,000,000.001,000,000.00) outstanding at any one time.

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations liabilities (other than those to the Bank), or become liable for the debts liabilities of others others, without the Bank's ’s written consent. This does not prohibit: (a) Acquiring goods, supplies, or merchandise on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts Liabilities and lines of credit and leases in existence on the date of this Agreement disclosed in writing to the Bank. (e) Additional debts for business purposes equipment purchases which do not exceed a total principal amount of Two Million and No/100 Five Hundred Thousand Dollars ($2,000,000.00500,000) outstanding at any one time.

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations (other than those to the BankBank and its affiliates), or become liable for the debts of others without the Bank's written consent. This does not prohibit: (a) Acquiring goods, supplies, or merchandise on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts and lines of credit in existence on the date of this Agreement disclosed in writing to the Bank. (e) Additional debts for business purposes which do not exceed a total principal amount of Two Million and No/100 Five Hundred Thousand Dollars ($2,000,000.00500,000) outstanding at any one time.

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations (other than those to the Bank), or become liable for the debts of others without the Bank's written consent. This does not prohibit: (a) Acquiring goods, supplies, supplies or merchandise on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts and lines Additional debts for the acquisition of credit in existence on the date of this Agreement disclosed in writing fixed or capital assets, to the Bankextent permitted elsewhere in this Agreement. (e) Additional debts and lease obligations for business purposes which do not exceed a total principal amount of Two One Million and No/100 Dollars ($2,000,000.001,000,000.00) outstanding at any one time.

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations liabilities (other than those to the Bank), or become liable for the debts liabilities of others others, without the Bank's written consent. This does not prohibit: (a) Acquiring goods, supplies, or merchandise on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts Liabilities and lines of credit in existence on the date of this Agreement disclosed in writing to the Bank. (e) Additional debts for business purposes which do not exceed a total principal amount of Two One Million and No/100 Dollars ($2,000,000.001,000,000) outstanding at any one time.

Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations liabilities (other than those to the Bank), or become liable for the debts liabilities of others others, without the Bank's written consent. This does not prohibit: (a) Acquiring goods, supplies, merchandise, or merchandise services on normal trade credit. (b) Endorsing negotiable instruments received in the usual course of business. (c) Obtaining surety bonds in the usual course of business. (d) Debts and lines of credit Liabilities in existence on the date of this Agreement disclosed in writing to the Bank. (e) Additional debts for business purposes which do not exceed a total principal amount of Two Million and No/100 One Hundred Thousand Dollars ($2,000,000.00100,000) outstanding at any one time.