Debts and Other Obligations. The Borrower will not incur, create, assume, or permit to exist any Indebtedness except: (1) the Loan; (2) existing Indebtedness as set forth in Schedule 5.9; (3) trade Indebtedness incurred in the ordinary course of business; (4) contingent Indebtedness permitted by Paragraph 7.8; (5) Indebtedness secured by Permitted Liens; (6) Capitalized Lease Obligations and/or Purchase Money Indebtedness not to exceed, in the aggregate at any one time, $100,000; and Indebtedness owed to Guarantor and incurred pursuant to Section 6.17.
Debts and Other Obligations. Surgery Center will not incur, create, assume, or permit to exist any Indebtedness except: (1) existing Indebtedness as set forth in Schedule 5.9; (2) trade Indebtedness incurred in the ordinary course of business; (3) contingent Indebtedness permitted by Paragraph 7.8; (4) Indebtedness secured by Permitted Liens; and (5) Capitalized Lease Obligations and/or Purchase Money Indebtedness not to exceed, in the aggregate at any one time, $100,000.
Debts and Other Obligations. No Borrower or Subsidiary will incur, create, assume, or permit to exist any Indebtedness except: (1) the Loans; (2) the Indebtedness described in Exhibit C; (3) trade Indebtedness incurred in the ordinary course of business, including that payable to Genzyme, Inc.; (4) contingent Indebtedness permitted by Paragraph 7.8; (5) Indebtedness, including Permitted Acquisition Indebtedness, secured by Permitted Liens; (6) Indebtedness for borrowed money owed by any Guarantor (exclusive of the Non-Corporate Subsidiaries) to the Borrower, or by the Borrower to any Subsidiary of the Borrower, provided that if any such Indebtedness is evidenced by a document or instrument, the same is pledged to the Agent for the benefit of the Banks pursuant to an appropriate pledge agreement; (7)
Debts and Other Obligations. The Borrower will not incur, create, assume, or permit to exist any Indebtedness except: (1) the Loan; (2) existing Indebtedness as set forth in Schedule 5.9; (3) trade Indebtedness incurred in the ordinary course of business; (4) contingent Indebtedness permitted by Paragraph 7.8; (5) Indebtedness secured by Permitted Liens; and (6) Capitalized Lease Obligations and/or Purchase Money Indebtedness not to exceed, in the aggregate at any one time, $100,000.
Debts and Other Obligations. SARC/Ft. Myers will not incur, create, assume, or permit to exist any Indebtexxxxx except existing Indebtedness as set forth in Schedule 5.9. The Surgery Center will not incur, create, assume, or permit to exist any Indebtedness except: (1) existing Indebtedness as set forth in Schedule 5.9; (2) trade Indebtedness incurred in the ordinary course of business; (3) contingent Indebtedness permitted by Paragraph 7.8; (4) Indebtedness secured by Permitted Liens; and (5) Capitalized Lease Obligations and/or Purchase Money Indebtedness not to exceed, in the aggregate at any one time, $100,000.
Debts and Other Obligations. Surgery Center will not incur, create, assume, or permit to exist any Indebtedness except: (1) existing Indebtedness as set forth in Schedule 5.9; (2) trade Indebtedness incurred in the ordinary course of business; (3) contingent Indebtedness permitted by Paragraph 7.8; (4) Indebtedness secured by Permitted Liens; (5) Capitalized Lease Obligations and/or Purchase Money Indebtedness incurred solely in connection with (a) the Equipment Lease with GE Healthcare Financial Services account number 8514225-001 dated December 15, 2000 for principal amount of $1,077,000.00, and (b) Lease #27204.001 with Preferred Capital, Inc. for Stretchers totaling $15,551,50, which are secured solely by the Equipment described on Schedule 7.4; and (6) other Capitalized Lease Obligations and/or Purchase Money Indebtedness not to exceed, in the aggregate at any one time, $100,000.
Debts and Other Obligations. The Borrower will not incur, create, assume, or permit to exist any Indebtedness except: (1) the Loan, (2) Indebtedness evidenced by the Senior Note, (3) trade Indebtedness incurred in the ordinary course of business; (4) Indebtedness secured by Permitted Liens; and (5) Capitalized Lease Obligations and/or Purchase Money Indebtedness to the extent permitted under the Senior Notes. Except for the Senior Notes, Borrower will not prepay, in whole or in part, any existing Indebtedness of the Borrower if at the time such payment is due or is otherwise made, or after giving effect to such payment, an event constituting an Unmatured Default or Event of Default has occurred and is continuing.
Debts and Other Obligations. Neither the Borrower nor any Subsidiary or Foreign Subsidiary will incur, create, assume, or permit to exist any Indebtedness except: (1) the Loans; (2) existing Indebtedness as set forth in Exhibit 7.4 (Bank acknowledges Exhibit 7.4 will not include items (6) and (7) in this paragraph); (3) trade Indebtedness incurred in the ordinary course of business; (4) contingent Indebtedness permitted by Paragraph 7.8; (5) Indebtedness secured by Permitted Liens; (6) Indebtedness owed by any Subsidiary or Foreign Subsidiary to the Borrower, or by the Borrower to any Subsidiary or Foreign Subsidiary, or by any Subsidiary or Foreign Subsidiary to another Subsidiary or Foreign Subsidiary, provided that if any such intercompany Indebtedness incurred after the date funds are first advanced to Borrower under this Agreement, exceeds in the aggregate $5,000,000 over two (2) consecutive fiscal quarters, Borrower shall, at the Bank's written request, cause all such incremental intercompany Indebtedness to be evidenced by a document or instrument payable to the Borrower, and to cause the same to be pledged to the Agent for the benefit of the Banks pursuant to an appropriate pledge agreement; (7) operating leases incurred in the ordinary course of business; and (8)
Debts and Other Obligations. Neither TBA nor any Debtor will incur, create or assume, or permit to exist any Funded Debt, or any additional debt, except for trade debt incurred in the ordinary course of business. Sections numbered 7.3, 7.5, 7.6, 7.7, 7.8, 7.9, 7.10, 7.11, 7.12, 7.13, 7.14, 7.15, and 7.16 as same appear in Section 7 of the Loan Agreement, as amended pursuant to the terms of the First Amendment, and as confirmed in Section 5 of the Second Amendment, in Section 6 of the Third Amendment and in Sections 3 of the Fourth and Fifth Amendments shall continue in full force and effect and all statements and covenants as set forth therein are affirmed by Debtors and shall remain true and correct throughout the term of this Agreement. In addition to the Negative Covenants set forth in Section 7 of the Loan Agreement, as amended, the parties further amend Section 7 to include the following additional negative covenants:
Debts and Other Obligations. Neither the Borrower nor any Subsidiary or Foreign Subsidiary will incur, create, assume, or permit to exist any Indebtedness except: (1) the Loans; (2) existing Indebtedness as set forth in Exhibit 5.15 (Bank acknowledges Exhibit 5.15 will not include items (6) and (7) in this paragraph); (3) trade Indebtedness incurred in the ordinary course of business; (4) contingent Indebtedness permitted by Paragraph 7.8; (5) Indebtedness secured by
