Common use of Additional Indebtedness Clause in Contracts

Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business.

Appears in 8 contracts

Samples: Credit Agreement (Diamond Multimedia Systems Inc), Commercial Credit Agreement (Align Rite International Inc), Term Loan Agreement (Dove Audio Inc)

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Additional Indebtedness. Not, Not after the date hereof, create, incur or assume, directly or indirectly, any liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business.

Appears in 2 contracts

Samples: Agricultural Credit Agreement (Scheid Vineyards Inc), Equipment Purchase Line of Credit Agreement (Ise Labs Inc)

Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any liability or indebtedness other than (i) indebtedness owed owned or to be owed to the Bank or Bank, (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business, or (iii) additional indebtedness up to an aggregate amount not exceeding $2,000,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Line of Credit Agreement (Atg Inc)

Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any liability or additional indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course Ordinary Course of the Borrower's businessBusiness.

Appears in 1 contract

Samples: Credit Agreement (Align Rite International Inc)

Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any liability or indebtedness additional Indebtedness other than (i) indebtedness owed or to be owed to the Bank or (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business.

Appears in 1 contract

Samples: Credit Agreement (PMR Corp)

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Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or Bank, (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's Borrowers' business, or (iii) except purchase money.

Appears in 1 contract

Samples: Line of Credit Agreement (Tag It Pacific Inc)

Additional Indebtedness. Not, after the date hereof, create, incur or assume, directly or indirectly, any liability or indebtedness other than (i) indebtedness owed or to be owed to the Bank or Bank, (ii) indebtedness to trade creditors incurred in the ordinary course of the Borrower's business, or (iii) additional indebtedness up to an aggregate amount not exceeding $2,000,000.00 in any one fiscal year.

Appears in 1 contract

Samples: Term Loan Agreement (Atg Inc)

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