Common use of Borrowed Money Clause in Contracts

Borrowed Money. Borrower will not, directly or indirectly, create, incur, or assume Indebtedness, or otherwise become, be, or remain liable with respect to, any Indebtedness without the written consent of the Lender; provided, that the foregoing restrictions shall not apply to:

Appears in 2 contracts

Samples: Purchase and Loan Agreement, Purchase and Loan Agreement

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Borrowed Money. Borrower will not, directly or indirectly, create, incur, incur or assume Indebtedness, or otherwise become, be, or remain liable with respect to, any Indebtedness without the written consent of the Lender; providedIndebtedness, provided that the foregoing restrictions shall not apply to:

Appears in 1 contract

Samples: Credit Loan Agreement (Heartland Payment Systems Inc)

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Borrowed Money. The Borrower will not, directly or indirectly, create, incur, or assume Indebtedness, or otherwise become, be, or remain liable with respect to, any Indebtedness without the written consent of the Lender; providedIndebtedness, provided that the foregoing restrictions shall not apply to:

Appears in 1 contract

Samples: Credit Reimbursement Agreement (Spurlock Industries Inc)

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