Common use of Senior Debt Limit Clause in Contracts

Senior Debt Limit. Borrower shall not permit the total Indebtedness of Borrower to Senior Lender to exceed $3,000,000 at any time outstanding, including but not limited to, monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligated, sums due from Borrower in connection with issuance of commercial letters of credit, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower (the “Senior Debt Limit”).

Senior Debt Limit. Borrower shall not permit the total Indebtedness of Borrower to Senior Lender to exceed $3,000,000 10,000,000 at any time outstandingoutstanding (the “Senior Debt Limit”), including including, but not limited to, monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligated, sums due from Borrower in connection with issuance of commercial letters of credit, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower (Borrower, but excluding the “amount of any Non-Past-Due Senior Debt Limit”)Monetary Obligations.

Senior Debt Limit. Borrower Borrowers shall not permit the total Indebtedness of Borrower Borrowers to Senior Lender to exceed $3,000,000 13,000,000 at any time outstandingoutstanding (the “Senior Debt Limit”), including including, but not limited to, monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligatedBorrowers, sums due from Borrower in connection with issuance of commercial letters of credit, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower (Borrower), but the “Senior Debt Limit”)Limit shall exclude accrued interest and fees that are not then due in accordance with the Senior Debt Documents.

Senior Debt Limit. Borrower shall not permit the total Indebtedness of Borrower outstanding at any time to Senior Lender to exceed $3,000,000 at any time outstanding5,000,000, including but not limited to, to monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligated, sums due from Borrower in connection with issuance of commercial letters of credit, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower, plus interest on loans due from Borrower and fees and expenses for which Borrower is obligated to Senior Lender (the “Senior Debt Limit”).

Senior Debt Limit. Borrower shall not permit the total Indebtedness of Borrower to Senior Lender under the Senior Loan Documents to exceed $3,000,000 2,000,000 at any time outstandingoutstanding (the “Senior Debt Limit”), including including, but not limited to, monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligated, sums due from Borrower in connection with issuance of commercial letters of credit, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower (the “Senior Debt Limit”Borrower).

Senior Debt Limit. Borrower shall not permit the total principal Indebtedness of Borrower to Senior Lender to exceed $3,000,000 2,000,000 at any time outstandingoutstanding under the Senior Loan Documents (the "Senior Debt Limit"), including including, but not limited to, monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligated, sums due from Borrower in connection with issuance of commercial letters of credit, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower Borrower). (the “Senior Debt Limit”3).

Senior Debt Limit. Borrower shall not permit the total Indebtedness of Borrower to Senior Lender to exceed $3,000,000 2,450,000 at any time outstandingoutstanding (the "Senior Debt Limit"), including including, but not limited to, monies borrowed by Borrower, interest on loans due from Borrower, fees and expenses for which Borrower is obligated, sums due from Borrower in connection with issuance of commercial letters of credit, overdrafts, issuance of forward contracts for foreign exchange reserve, and any other direct or indirect financial accommodation Senior Lender may provide to Borrower (the “Senior Debt Limit”Borrower).