Common use of Debts and Other Obligations Clause in Contracts

Debts and Other Obligations. Surgery Center will not incur, create, assume, or permit to exist any Indebtedness except: (1) existing Indebtedness as set forth in Schedule 5.9; (2) trade Indebtedness incurred in the ordinary course of business; (3) contingent Indebtedness permitted by Paragraph 7.8; (4) Indebtedness secured by Permitted Liens; and (5) Capitalized Lease Obligations and/or Purchase Money Indebtedness not to exceed, in the aggregate at any one time, $100,000.