Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness for borrowed money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliates, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's financial statements delivered to the Bank prior to the date hereof, provided that such other indebtedness will not be increased.
Appears in 8 contracts
Samples: Credit Agreement (Phoenix Gold International Inc), Revolving Credit Agreement (Hmi Industries Inc), Term Loan Agreement (Hi Shear Technology Corp)
Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness for borrowed money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliates, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's ’s financial statements delivered to the Bank prior to the date hereof, provided that such other indebtedness will not be increased.
Appears in 6 contracts
Samples: Revolving Credit Agreement (SRS Labs Inc), Revolving Credit Agreement (Itex Corp), Revolving Credit Agreement (Outdoor Channel Holdings Inc)
Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness for borrowed money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliatesBank, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's financial statements delivered to the Bank prior to the date hereof, provided that such other indebtedness will not be increased.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Universal Manufacturing Co), Revolving Credit Agreement (Universal Manufacturing Co)
Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness for borrowed money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliatesBank, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's financial statements delivered to the Bank prior to the date hereof, provided that such other indebtedness will shall not be renewed, extended or increased.
Appears in 1 contract
Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness Indebtedness for borrowed money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliates, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's ’s financial statements delivered to the Bank prior to the date hereof, provided that such other indebtedness Indebtedness will not be increased.
Appears in 1 contract
Samples: Revolving Credit Agreement (Rochester Medical Corporation)
Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness for borrowed money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliates, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's financial statements delivered to the Bank prior to the date hereof, provided that such other her indebtedness will not be increased.
Appears in 1 contract
Restriction on Indebtedness. The Borrower will not create, incur, assume or have outstanding any indebtedness for borrowed borrower money (including capitalized leases) except (i) any indebtedness owing to the Bank and its affiliatesLender, and (ii) any other indebtedness outstanding on the date hereof, and shown on the Borrower's financial statements delivered to the Bank Lender prior to the date hereof, provided that such other indebtedness will shall not be renewed, extended or increased.
Appears in 1 contract
