{"component": "clause", "props": {"groups": [{"samples": [{"hash": "7oEZmPT7afL", "uri": "/contracts/7oEZmPT7afL#debt-of", "label": "Loan Agreement (Gas Natural Inc.)", "score": 27.2861061096, "published": true}, {"hash": "7tQXe8fDT0k", "uri": "/contracts/7tQXe8fDT0k#debt-of", "label": "Loan Agreement (Gas Natural Inc.)", "score": 26.8151950836, "published": true}, {"hash": "iyhx7agMzOf", "uri": "/contracts/iyhx7agMzOf#debt-of", "label": "Loan Agreement (Gas Natural Inc.)", "score": 26.2785758972, "published": true}], "snippet_links": [{"key": "to-the-borrower", "type": "definition", "offset": [70, 85]}, {"key": "other-subsidiary", "type": "definition", "offset": [93, 109]}], "snippet": "(i) the Borrower owed to any Subsidiary; and\n(ii) any Subsidiary owed to the Borrower or any other Subsidiary;", "size": 7, "hash": "61f1a2e778fcaaf5d9f75feb78322460", "id": 1}, {"samples": [{"hash": "aZv0owwhyw4", "uri": "/contracts/aZv0owwhyw4#debt-of", "label": "Credit Agreement (Renaissance Worldwide Inc)", "score": 18.0, "published": true}, {"hash": "8cIq5hSvClD", "uri": "/contracts/8cIq5hSvClD#debt-of", "label": "Credit Agreement (Renaissance Worldwide Inc)", "score": 18.0, "published": true}, {"hash": "7e0ohZHXEQL", "uri": "/contracts/7e0ohZHXEQL#debt-of", "label": "Credit Agreement (Monarch Dental Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "subsidiary-of-borrower", "type": "clause", "offset": [2, 24]}, {"key": "to-borrower", "type": "definition", "offset": [30, 41]}], "snippet": "a Subsidiary of Borrower owed to Borrower or another Subsidiary of Borrower;", "size": 4, "hash": "ba538534ead8eb0a1eeee96fa8ab3e7e", "id": 2}, {"samples": [{"hash": "2ZbE8sYXQ6W", "uri": "/contracts/2ZbE8sYXQ6W#debt-of", "label": "Credit Agreement (Imax Corp)", "score": 32.57289505, "published": true}, {"hash": "bTWISUgqTFz", "uri": "/contracts/bTWISUgqTFz#debt-of", "label": "Credit Agreement (Imax Corp)", "score": 32.2114982605, "published": true}, {"hash": "bGrv79JGADD", "uri": "/contracts/bGrv79JGADD#debt-of", "label": "Credit Agreement (Imax Corp)", "score": 31.4421634674, "published": true}], "snippet_links": [{"key": "subsidiary-of-borrower", "type": "clause", "offset": [2, 24]}, {"key": "credit-party", "type": "definition", "offset": [39, 51]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [79, 99]}, {"key": "consolidated-total-assets", "type": "definition", "offset": [160, 185]}], "snippet": "a Subsidiary of Borrower (other than a Credit Party) in an aggregate principal amount not to exceed the greater of (i) $50,000,000 and (ii) six percent (6%) of Consolidated Total Assets;", "size": 4, "hash": "cf6f54ff57a822b5fd3840c6b8a87e11", "id": 3}, {"samples": [{"hash": "8LrolYvWbtx", "uri": "/contracts/8LrolYvWbtx#debt-of", "label": "Credit Agreement (Veritas DGC Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "to-the-borrower", "type": "definition", "offset": [46, 61]}], "snippet": "the Borrower to a Guarantor or of a Guarantor to the Borrower or another Guarantor, as applicable; and", "size": 4, "hash": "ce9b9369329420205958d9a8c15a6194", "id": 4}, {"samples": [{"hash": "ijUgAUF2EWp", "uri": "/contracts/ijUgAUF2EWp#debt-of", "label": "Credit Agreement (Laidlaw International Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "any-person", "type": "definition", "offset": [0, 10]}, {"key": "subsidiary-of-a", "type": "definition", "offset": [26, 41]}, {"key": "date-hereof", "type": "clause", "offset": [61, 72]}, {"key": "in-accordance-with", "type": "definition", "offset": [73, 91]}, {"key": "terms-of", "type": "definition", "offset": [96, 104]}, {"key": "the-principal-amount", "type": "definition", "offset": [211, 231]}, {"key": "at-the-time", "type": "definition", "offset": [264, 275]}, {"key": "debt-incurred", "type": "clause", "offset": [338, 351]}, {"key": "in-contemplation", "type": "clause", "offset": [359, 375]}, {"key": "provided-that", "type": "definition", "offset": [432, 445]}, {"key": "change-in", "type": "definition", "offset": [458, 467]}, {"key": "direct-or-indirect", "type": "clause", "offset": [472, 490]}, {"key": "in-respect-of", "type": "clause", "offset": [500, 513]}], "snippet": "any Person that becomes a Subsidiary of a Borrower after the date hereof in accordance with the terms of Section 5.02(e)(xii) or (xiii) and extensions, renewals or replacements of such Debt that do not increase the principal amount thereof, which Debt is existing at the time such Person becomes a Subsidiary of such Borrower (other than Debt incurred solely in contemplation of such Person becoming a Subsidiary of such Borrower); provided that there is no change in the direct or indirect obligors in respect of such Debt;", "size": 4, "hash": "9df8529b91aca07c292267c8ae3d7f44", "id": 5}, {"samples": [{"hash": "lBzMHyOL3qE", "uri": "/contracts/lBzMHyOL3qE#debt-of", "label": "Credit Agreement (Con-Way Inc.)", "score": 18.8514709473, "published": true}, {"hash": "pXph6268ta", "uri": "/contracts/pXph6268ta#debt-of", "label": "Credit Agreement (Consolidated Freightways Inc)", "score": 18.0, "published": true}, {"hash": "7xe7LofFx0Q", "uri": "/contracts/7xe7LofFx0Q#debt-of", "label": "Bridge Credit Agreement (Con-Way Inc.)", "score": 18.0, "published": true}], "snippet_links": [{"key": "in-the-case", "type": "clause", "offset": [50, 61]}, {"key": "wholly-owned", "type": "clause", "offset": [103, 115]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [117, 139]}, {"key": "by-the-borrower", "type": "clause", "offset": [141, 156]}, {"key": "pro-rata-basis", "type": "definition", "offset": [199, 213]}, {"key": "minority-interest", "type": "definition", "offset": [222, 239]}], "snippet": "a Subsidiary owing to another Subsidiary (except, in the case of Debt held by a Subsidiary that is not wholly owned, directly or indirectly, by the Borrower, the portion of such Debt allocable, on a pro rata basis, to the minority interest);", "size": 3, "hash": "17e583ebb05fd9766728539fb4ea51cb", "id": 6}, {"samples": [{"hash": "gzoMiKd05IG", "uri": "/contracts/gzoMiKd05IG#debt-of", "label": "Credit Agreement (Province Healthcare Co)", "score": 18.0, "published": true}, {"hash": "385DyqkWkcw", "uri": "/contracts/385DyqkWkcw#debt-of", "label": "Credit Agreement (Province Healthcare Co)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-borrower", "type": "definition", "offset": [0, 12]}, {"key": "swap-agreement", "type": "definition", "offset": [23, 37]}, {"key": "relating-to", "type": "definition", "offset": [38, 49]}, {"key": "debt-incurred", "type": "clause", "offset": [54, 67]}, {"key": "this-agreement", "type": "clause", "offset": [74, 88]}, {"key": "provided-that", "type": "definition", "offset": [90, 103]}, {"key": "notional-amount", "type": "clause", "offset": [108, 123]}, {"key": "at-any-time", "type": "clause", "offset": [147, 158]}, {"key": "aggregate-amount", "type": "definition", "offset": [180, 196]}, {"key": "the-commitments", "type": "clause", "offset": [200, 215]}], "snippet": "the Borrower under any Swap Agreement relating to the Debt incurred under this Agreement; provided that the notional amount of all such agreements at any time shall not exceed the aggregate amount of the Commitments at such time;", "size": 2, "hash": "938aab634f117b0693750e3640e3ec15", "id": 7}, {"samples": [{"hash": "lbAQqDZOwr4", "uri": "/contracts/lbAQqDZOwr4#debt-of", "label": "Credit Agreement (R&b Falcon Corp)", "score": 18.0, "published": true}, {"hash": "631lyY03Pjf", "uri": "/contracts/631lyY03Pjf#debt-of", "label": "Credit Agreement (Falcon Drilling Co Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "a-person", "type": "clause", "offset": [0, 8]}, {"key": "subsidiary-of-borrower", "type": "clause", "offset": [23, 45]}, {"key": "pursuant-to-a", "type": "definition", "offset": [46, 59]}, {"key": "by-this-agreement", "type": "clause", "offset": [82, 99]}, {"key": "after-the-closing-date", "type": "clause", "offset": [110, 132]}, {"key": "prior-to-the", "type": "clause", "offset": [161, 173]}, {"key": "debt-incurred", "type": "clause", "offset": [229, 242]}, {"key": "in-anticipation-of", "type": "definition", "offset": [262, 280]}], "snippet": "a Person who becomes a Subsidiary of Borrower pursuant to a transaction permitted by this Agreement occurring after the Closing Date, which Debt was outstanding prior to the date on which such Subsidiary was acquired (other than Debt incurred as a result of, or in anticipation of, such transaction);", "size": 2, "hash": "291fe410ae379fc913980407d473f1b6", "id": 8}, {"samples": [{"hash": "koUbpXzqM3y", "uri": "/contracts/koUbpXzqM3y#debt-of", "label": "Credit Agreement (Metro-Goldwyn-Mayer Inc)", "score": 18.0, "published": true}, {"hash": "gdMTPhfkRrY", "uri": "/contracts/gdMTPhfkRrY#debt-of", "label": "Credit Agreement (Metro-Goldwyn-Mayer Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "other-borrower", "type": "definition", "offset": [23, 37]}, {"key": "foreign-subsidiary", "type": "clause", "offset": [137, 155]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [278, 312]}, {"key": "operating-expenditures", "type": "definition", "offset": [324, 346]}, {"key": "a-note", "type": "clause", "offset": [391, 397]}, {"key": "grid-note", "type": "definition", "offset": [414, 423]}, {"key": "collateral-document", "type": "clause", "offset": [459, 478]}], "snippet": "a Borrower owed to the other Borrower or to a Guarantor, or Debt of a Guarantor owed to a Borrower or to another Guarantor, or Debt of a Foreign Subsidiary owed to another Foreign Subsidiary or (ii) Debt of a Foreign Subsidiary owed to a Borrower or to a Guarantor and incurred in the ordinary course of business to finance operating expenditures of such Foreign Subsidiary and evidenced by a note (which may be a grid note) constituting Collateral under any Collateral Document;", "size": 2, "hash": "6bb92d8f23a5e2504da7002361d30add", "id": 9}, {"samples": [{"hash": "67no6g5bIjg", "uri": "/contracts/67no6g5bIjg#debt-of", "label": "Credit Agreement (Avaya Inc)", "score": 18.0, "published": true}, {"hash": "5EsN2lgwhl3", "uri": "/contracts/5EsN2lgwhl3#debt-of", "label": "Credit Agreement (Avaya Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "of-the-borrower", "type": "clause", "offset": [31, 46]}, {"key": "to-the-borrower", "type": "definition", "offset": [68, 83]}, {"key": "other-subsidiary", "type": "definition", "offset": [91, 107]}], "snippet": "the Borrower to any Subsidiary of the Borrower or of any Subsidiary to the Borrower or any other Subsidiary of the Borrower,", "size": 2, "hash": "5b1f2e087d3b0c3ef4db4bb37d0e395f", "id": 10}], "next_curs": "ClASSmoVc35sYXdpbnNpZGVyY29udHJhY3RzciwLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhBkZWJ0LW9mIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Debt of", "children": [], "parents": [["debt", "Debt"], ["negative-covenants", "Negative Covenants"], ["limitation-on-debt", "Limitation on Debt"], ["survival-of-warranties-cumulative", "Survival of Warranties; Cumulative"], ["amendments-to-credit-agreement", "AMENDMENTS TO CREDIT AGREEMENT"]], "size": 59, "id": "debt-of", "related": [["subordinated-indebtedness", "Subordinated Indebtedness", "Subordinated Indebtedness"], ["subordination-of-intercompany-indebtedness", "Subordination of Intercompany Indebtedness", "Subordination of Intercompany Indebtedness"], ["senior-indebtedness-status", "Senior Indebtedness Status", "Senior Indebtedness Status"], ["subsidiary-indebtedness", "Subsidiary Indebtedness", "Subsidiary Indebtedness"], ["intercompany-indebtedness", "Intercompany Indebtedness", "Intercompany Indebtedness"]], "related_snippets": [], "updated": "2026-01-02T05:56:57+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The \"Debt of\" clause defines the specific obligations or amounts that one party owes to another under the agreement. Typically, it outlines the nature of the debt, the parties involved, and the terms under which the debt must be repaid, such as payment schedules or interest rates. By clearly identifying the existence and terms of the debt, this clause ensures both parties understand their financial responsibilities and helps prevent disputes over what is owed."}, "json": true, "cursor": ""}}