Common use of Except for trade debt incurred Clause in Contracts

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 7 contracts

Samples: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Infinite Graphics Inc)

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Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to Lender.

Appears in 2 contracts

Samples: Business Loan Agreement (Asset Based), Business Loan Agreement

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest Interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Galaxy Gaming, Inc.)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Loan Agreement (Transcrypt International Inc)

Except for trade debt incurred. in In the normal course of business and indebtedness Indebtedness to Lender contemplated by this Agreement, create, incur Incur or assume indebtedness Indebtedness for borrowed money, including Including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest inInterest In, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (American Fire Retardant Corp)

Except for trade debt incurred. in the normal course of business and indebtedness Indebtedness to Lender contemplated by this AgreementLender, create, incur or assume indebtedness for borrowed money, . including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber incumber any of Borrower's assets Assets (except as allowed as Permitted Liens), or of (3) sell with or without recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Surge Components Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender lender contemplated by this Agreement, . create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, . transfer, mortgage, assign, . pledge, . lease, . grant a security interest in, . or encumber any of Borrower's assets (except as allowed as Permitted Liensliens), or (3) sell with recourse any of Borrower's accounts, except to Lender.. "-

Appears in 1 contract

Samples: Lease

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Except for trade debt incurred. in In the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (William Lyon Homes)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, in or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Line of Credit Agreement (Petmed Express Inc)

Except for trade debt incurred. in the normal course of business and indebtedness to Lender contemplated by this Agreement, create, incur Incur or assume indebtedness for borrowed money, including Including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Microhelix Inc)

Except for trade debt incurred. in the normal course of business and indebtedness Indebtedness to Lender contemplated by this AgreementLender, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets Assets (except as allowed as Permitted Liens), or (3) sell with or without recourse any of Borrower's accounts, except to Lender.

Appears in 1 contract

Samples: Business Loan Agreement (Scientific Industries Inc)

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