Evidence that Existing Debt Paid. Evidence that all outstanding seller financing, indebtedness owed to any of Borrower’s shareholders, members, partners, or principals and all other indebtedness owed to any third party, excluding indebtedness held by Lender or its affiliates, has been paid in full.
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Samples: Loan Agreement (Condor Hospitality Trust, Inc.), Loan Agreement (Condor Hospitality Trust, Inc.)
Evidence that Existing Debt Paid. Evidence that all outstanding seller financing, indebtedness owed to any of BorrowerXxxxxxxx’s shareholders, members, partners, or principals and all other indebtedness owed to any third party, excluding indebtedness held by Lender or its affiliates, has been paid in full..
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Evidence that Existing Debt Paid. Evidence that all outstanding seller financing, indebtedness owed to any of BorrowerXxxxxxxx’s shareholders, members, partners, or principals and all other indebtedness owed to any third party, excluding indebtedness held by Lender or its affiliates, has been paid in full..
Appears in 1 contract
Evidence that Existing Debt Paid. Evidence that all outstanding seller financing, indebtedness owed to any of BorrowerXxxxxxxx’s shareholders, members, partners, or principals and all other indebtedness owed to any third party, excluding indebtedness held by Lender or its affiliates, has been paid in full.
Appears in 1 contract