Additional Unsecured Indebtedness. Neither Borrower nor any other member of the Consolidated Group shall incur any Indebtedness of a revolving nature other than this Facility. Neither Borrower nor any other member of the Consolidated Group shall incur any other non-revolving unsecured Indebtedness other than Indebtedness which does not cause any violation of the provisions of Section 7.20(c) or Section 7.20(d). Future trust preferred issuances will be permitted only to the extent they are expressly subordinate to this Facility.
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Samples: Credit Agreement (Associated Estates Realty Corp), Term Loan Agreement (Associated Estates Realty Corp)
Additional Unsecured Indebtedness. Neither Borrower nor any other member of the Consolidated Group shall incur any Indebtedness of a revolving nature other than this Facilitypursuant to the Revolving Credit Agreement and corporate credit card accounts used by Borrower’s employees in the ordinary course of business. Neither Borrower nor any other member of the Consolidated Group shall incur any other non-revolving unsecured Indebtedness other than Indebtedness which does not cause any violation of the provisions of Section 7.20(c) or Section 7.20(d). Future trust preferred issuances will be permitted only to the extent they are expressly subordinate to this Facility.
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Samples: Term Loan Agreement (Associated Estates Realty Corp)
Additional Unsecured Indebtedness. Neither Borrower nor any other member of the Consolidated Group shall incur any Indebtedness of a revolving nature other than this FacilityFacility and corporate credit card accounts used by Borrower’s employees in the ordinary course of business. Neither Borrower nor any other member of the Consolidated Group shall incur any other non-revolving unsecured Indebtedness other than Indebtedness which does not cause any violation of the provisions of Section 7.20(c) or Section 7.20(d). Future trust preferred issuances will be permitted only to the extent they are expressly subordinate to this Facility.
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