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, 2023, (ii) $300 million aggregate principal amount of senior unsecured notes, which mature on February 1, 2022, (iii) $300 million aggregate principal amount of senior unsecured notes, which mature on July 15, 2022, (iv) $350 million aggregate principal amount of senior unsecured notes, which mature on May 15, 2024, (v) $400 million aggregate principal amount of senior unsecured notes, which mature on February 1, 2025, (vi) $310 million aggregate principal amount of senior unsecured notes, which mature on May 1, 2046, and (vii) $212.6 million aggregate principal amount of mortgage notes, for which the maturity dates range from August 3, 2020 to June 1, 2023.
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 $1 billion aggregate principal amount credit facility which matures in 2022; (ii) amounts outstanding under the Company’s $400 million unsecured term loan which matures in 2023; (iii) $400 million aggregate principal amount of the Company 4.25% Senior Notes due 2021; (iv) $500 million aggregate principal amount of the Company’s 5.00% Senior Notes due 2022; (v) $500 million aggregate principal amount of the Company’s 4.500% Senior Notes due 2023; (vi) $350 million aggregate principal amount of the Company’s 4.650% Senior Notes due 2024; (vii) $350 million aggregate principal amount of the Company’s 4.50% Senior Notes due 2025; (viii) $350 million aggregate principal amount of the Company’s 5.25% Senior Notes due 2026; (ix) $400 million aggregate principal amount of the Company’s 4.95% Senior Notes due 2027; (x) $400 million aggregate principal amount of the Company 3.95% Senior Notes due 2028; (xi) $400 million 4.375% Senior Notes due 2030; (xii) purchase money, equipment lease or similar financing arrangements in respect of personal property located at certain Hotels and Travel Centers which have been entered into in the ordinary course of business and that are not in the aggregate material; and (xiii) 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. Except as disclosed in the Financial Statements or Unaudited Financial Statements or Schedule 3.19, the Company does not have any bonds, debentures, mortgages, promissory notes or other indebtedness and the Company is not under any obligation to create or issue any bonds, debentures, mortgages, promissory notes or other indebtedness.
Absence of Indebtedness. The Company shall have no indebtedness for borrowed money (excluding any indebtedness for borrowed money issued pursuant to the Permitted Bridge Financing, solely to the extent that such indebtedness for borrowed money shall, by virtue of the Merger and without any further action, convert into shares of Company Common Stock immediately prior to the Effective Time).
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. 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) the Company's 9 1/8% Senior Notes due 2010, (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 you shall have given your prior written consent.
