No Outstanding Debt. Borrower has no outstanding Debt material to Borrower, except for: (i) the Loans; (ii) liabilities shown on its Financial Statement; and (iii) other obligations in the nature of trade payables incurred by Borrower in the ordinary course of business.
No Outstanding Debt. Borrower has no outstanding Debt, except for the Loan [and the LOC], any liabilities disclosed to Lender in writing before the Effective Date and other obligations in the nature of trade payables incurred by Borrower (or its predecessor) in their ordinary course of business.
No Outstanding Debt. No Obligor has any outstanding debt material to Obligors as determined under GAAP considered on a consolidated basis, except for: (i) the Loan; (ii) liabilities shown on the Financial Statement; (iii) intercompany liabilities; and (iv) other obligations in the nature of trade payables incurred by Obligors in the ordinary course of business.
No Outstanding Debt. SPI shall have no outstanding debt except for the loans referred to in Exhibit "Q" (Article "7(K)") and any money loaned to SPI by Western from the proceeds of the Private Placement referred to in Article "6" of this Agreement and SPI shall have delivered to Western a certificate of SPI in the form annexed hereto as Exhibit "TT" (Article "19(A)(i)"), signed by the Chairman of SPI and dated the Closing Date to such effect.
No Outstanding Debt. Except as disclosed in the Registration Statement, the Prospectuses, the Disclosure Package and in Schedule 3, the Company does not have any outstanding debentures, notes, mortgages or other indebtedness that is material to the Company. For the purpose of this Section 2(o), “Credit Facilities” means the Credit Agreement and the Debentures (as such terms are defined in Schedule 3). With respect to the Credit Facilities, there is no Default or Event of Default (as such terms are defined under the Credit Facilities) which has occurred and is continuing under the Credit Facilities.
No Outstanding Debt. Except for the Debt identified in Exhibit 6 and the remaining Debt identified in the Financial Statements (for which the Purchaser will be responsible), all outstanding Debt of the Company, whether interest bearing or not, have been settled and paid prior to the Closing Date.
No Outstanding Debt. Prior to the Closing, all outstanding liabilities and obligations of RFC shall have been paid or settled, including all costs related to this transaction.
No Outstanding Debt. On the Closing, all outstanding liabilities and obligations of GPI shall have been paid or settled, including all costs related to this transaction.
No Outstanding Debt. On the Closing, all outstanding liabilities and obligations of KBDD shall have been paid or settled, including all costs related to this transaction.
No Outstanding Debt. On the Closing, all outstanding liabilities and obligations of MKPC shall have been paid or settled, including all costs related to this transaction.
