Financial Debt. (a) The Borrower shall not incur, assume or permit to exist any Financial Debt except:
Financial Debt. The Guarantor will not, and will not permit any Subsidiary to, create, incur, assume or permit to exist any Financial Debt, except:
Financial Debt. Incur any additional Financial Debt, unless after giving effect of such debt transaction:
Financial Debt. Any payment on any Financial Debt (including the Financial Debt under the Existing Loan Agreements) of the Borrower (other than the Loan) is not paid when due; or a default of any nature not otherwise provided for in this paragraph occurs under any agreement evidencing any such Financial Debt of the Borrower and such default continues beyond any applicable period of grace; or any such Financial Debt of the Borrower becomes prematurely due and payable or is placed on demand.
Financial Debt. No Target Company owes any Financial Debt to any person outside Sellers' Groups or has any loan agreements and other loan commitments including bonds (with the exception of customary extensions of the due date of trade receivables or payables agreed in the ordinary course of business and of inter-company agreements to be terminated prior to or at Closing) exceeding ten million (10,000,000) USD, in each case, other than (i) Financial Debt owing pursuant to agreements or instruments the details of which are set out in the Data Room, (ii) Financial Debt which will be repaid on or before the Financial Closing Date or (iii) Financial Debt to be taken into account in the Closing Statement and reducing the Final Purchase Price.
Financial Debt. Annex D sets forth all Financial Debt of the Borrower, and there exists no outstanding default thereunder;
Financial Debt. 4.1 No Target Company owes any material Financial Debt to any person other than a Target Company other than Financial Debt owing pursuant to agreements or instruments details of which are set out in the Data Room.
Financial Debt. Annex D sets forth all Financial Debt of the Borrower and its Subsidiaries, as of January 31, 2022, in excess of $10,000,000, and there exists no outstanding default thereunder;
Financial Debt. As of the date hereof the Companies are not a party to any agreement in respect of (i) Financial Debt granted to any of the Companies (ii) any related interest rate swap, currency contracts, hedging instruments or other derivative instruments, sureties and letters of comfort (including off-balance sheet commitments), (iii) any other financing arrangements (including, instalment purchases and bank letters or agreements confirming lines of credit)). The Companies do not have any (or are committed to have any) Financial Debt as of the date of this Agreement.
Financial Debt. Any Financial Debt of the Borrower (other than the NIB Loan) which exceeds $1,000,000 or any Financial Debt of any holder of Permitted High Yield Back to Back Debt in excess of $50,000,000 is not paid when due; or a default of any nature occurs under any agreement pursuant to which there is outstanding any such Financial Debt, such default continues beyond any original applicable period of grace and the holder of such Financial Debt is entitled to accelerate such Financial Debt; or any such Financial Debt becomes prematurely due and payable or is placed on demand.
