Absence of Indebtedness. Except as disclosed in the Prospectus, there are no material outstanding loans, advances or guarantees of indebtedness by the Company or any of the Subsidiaries to or for the benefit of any of the officers or directors of the Company or any officers and or directors of the Subsidiaries or any of the members of the immediate families of any such officers or directors.
Absence of Indebtedness. At the Closing Time, the Company will have no indebtedness for money borrowed except (i) amounts outstanding under the Company's $300 million aggregate principal amount credit facility (the "Credit Facility"), (ii) the Company's 7% Senior Notes due 2008, (iii) the Company's 8 1/4% Monthly Income Senior Notes due 2005, (iv) the Company's 8 1/2% Monthly Income Senior Notes due 2009, (v) equipment financing arrangements in respect of personal property located at certain Current Hotels which have been entered into in the ordinary course of business and have an aggregate outstanding balance not in excess of $1 million, and (vi) any indebtedness as to which you shall have given your prior written consent.
Absence of Indebtedness. At the Closing Time, the Company will have no indebtedness for money borrowed except amounts outstanding under the Company’s: (i) $750 million aggregate principal amount unsecured revolving credit facility, which matures on January 31, 2019, (ii) $300 million aggregate principal amount unsecured term loan, which matures on Xxxxx 00, 0000, (xxx) $250 million aggregate principal amount unsecured term loan, which matures on March 31, 2022, (iv) $350 million aggregate senior unsecured notes, which mature on August 15, 2019, and (v) $28.4 million aggregate principal amount of mortgage notes, for which the maturity dates range from March 1, 2019 to August 11, 2021.
Absence of Indebtedness. On the Closing Date, as a result of the transactions contemplated by this Agreement, neither the Company nor any Subsidiary shall have any indebtedness for borrowed money that would be required to be disclosed by the Company on a balance sheet prepared in accordance with GAAP. Section 3(z) of the Disclosure Schedule sets for the indebtedness for borrowed money of the Company and its Subsidiaries as of immediately prior to the Closing Date.
Absence of Indebtedness. At the Closing Time, the Company will have no indebtedness for money borrowed except: (i) amounts outstanding under the Company’s $650 million aggregate principal amount secured revolving credit facility which matures in 2027; (ii) $350 million aggregate principal amount of the Company’s 4.50% Senior Notes due 2025; (iii) $800 million aggregate principal amount of the Company’s 7.50% Senior Notes due 2025; (iv) $350 million aggregate principal amount of the Company’s 5.25% Senior Notes due 2026; (v) $450 million aggregate principal amount of the Company’s 4.75% Senior Notes due 2026; (vi) $400 million aggregate principal amount of the Company’s 4.95% Senior Notes due 2027; (vii) $450 million aggregate principal amount of the Company 5.50% Senior Notes due 2027; (viii) $400 million aggregate principal amount of the Company’s 3.95% Senior Notes due 2028; (ix) $425 million aggregate principal amount of the Company’s 4.95% Senior Notes due 2029; (x) $400 million aggregate principal amount of the Company’s 4.375% Senior Notes due 2030; (xi) $1 billion aggregate principal amount of 8.625% Senior Secured Notes due 2031; (xii) $608.1 million aggregate outstanding principal amount of net lease mortgage notes issued by a wholly owned, indirect subsidiary of the Company; (xiii) purchase money, equipment lease or similar financing arrangements in respect of personal property located at certain Hotels and Retail Properties which have been entered into in the ordinary course of business and that are not in the aggregate material; and (xiv) any indebtedness as to which the Representatives shall have given their prior written consent.
Absence of Indebtedness. At the Closing Time after giving effect to repayment of amounts then outstanding under the Credit Facility on or prior to such date, the Company will have no indebtedness for money borrowed except (i) the Credit Facility, (ii) the Company's 8 1/4% Monthly Income Senior Notes due 2005, (iii) the Company's 7% Senior Notes due 2008, (iv) equipment financing arrangements in respect of personal property located at certain Current Hotels which have been entered into in the ordinary course of business and have an aggregate outstanding balance not in excess of $1 million, and (v) any indebtedness as to which Xxxxxxx Xxxxx shall have given its prior written consent.
Absence of Indebtedness. Prior to the Closing VTI shall satisfy all of its indebtedness for money borrowed (excluding trade payables and other current liabilities incurred in the ordinary course of business) so that at the Closing VTI shall not be obligated for any such indebtedness for money borrowed.
Absence of Indebtedness. Neither Rich Horizons nor ABON shall have any indebtedness except for the NF Indebtedness and the Seller Entities shall have delivered documentation reasonably acceptable to the Buyer with respect to the incurrence and evidence of such indebtedness. The Seller Entities shall have delivered to Buyer a certificate of the Management Team and Acon Bio and a certificate of each financial lender stating the aggregate amount of indebtedness (principal and accrued interest) as of the New Facility Closing Date for which Rich Horizons and/or ABON shall be liable.
Absence of Indebtedness. At the Closing Time, the Company will have no indebtedness for money borrowed except (i) amounts outstanding under the Company's $350 million aggregate principal amount credit facility which matures in 2005, (ii) $150 million aggregate principal amount of the Company's 7% Senior Notes due 2008, (iii) $50 million aggregate principal amount of the Company's 9.125% Senior Notes due 2010, (iv) $125 million aggregate principal amount of the Company's 6.85% Senior Notes due 2013, (v) $175 million aggregate principal amount of the Company's 6.75% Senior Notes due 2013, (vi) equipment financing arrangements in respect of personal property located at certain Hotels which have been entered into in the ordinary course of business and have an aggregate outstanding balance not in excess of $1 million, and (vii) any indebtedness as to which the Underwriter shall have given its prior written consent.
Absence of Indebtedness. Exhibit C sets forth a payoff letter covering all Indebtedness of Company (the “Debt”). Company has no Indebtedness other than the Debt and assuming payment of the Debt pursuant to Section 3.02 above, Company will have no Indebtedness following the Closing.
