Common use of Existing Indebtedness; Future Liens Clause in Contracts

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the Closing. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 3 contracts

Samples: Note Purchase Agreement (Oaktree Capital Group, LLC), Note Purchase Agreement (Oaktree Capital Group, LLC), Note Purchase Agreement (Oaktree Capital Group, LLC)

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Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 10.2 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the ClosingClosing Date. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.. (b) Except as disclosed in Schedule 5.15 and for Permitted Liens, neither 8

Appears in 2 contracts

Samples: Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the date of the Closing. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 2 contracts

Samples: Note Purchase Agreement (United Asset Management Corp), Note Purchase Agreement (United Asset Management Corp)

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 5.16 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the Closingdate hereof. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Wanxiang Group Corp), Securities Purchase Agreement (A123 Systems, Inc.)

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 10.2 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the ClosingClosing Date not otherwise described in Section 10.2. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 1 contract

Samples: Note Purchase Agreement (Conifer Holdings, Inc.)

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the date of the Closing. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 1 contract

Samples: Penn Virginia Resource Partners L P

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 5.16 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries to be outstanding as of the Closingclosing. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 1 contract

Samples: Note Purchase Agreement (Westamerica Bancorporation)

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Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 5.13 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the date of the Closing. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such any Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 1 contract

Samples: Note Purchase Agreement (Cameron Ashley Building Products Inc)

Existing Indebtedness; Future Liens. (a) Except as described thereinfor the Senior Secured Indebtedness, Schedule 5.18 sets forth a complete the Notes, the Senior Subordinated Notes and correct list the Indebtedness represented by trade creditors in the ordinary course of all outstanding Indebtedness of business, the Company and its Subsidiaries as of the Closingdoes not have any outstanding Indebtedness. Neither the The Company nor any Subsidiary is not in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity Stated Maturity or before its regularly scheduled dates of payment.

Appears in 1 contract

Samples: Note and Security (Orbimage Inc)

Existing Indebtedness; Future Liens. (a) Except as described therein, Schedule 5.18 SCHEDULE 5.15 sets forth a complete and correct list of all outstanding Indebtedness of the Company and its Subsidiaries as of the Closingdate hereof. Neither the Company nor any Subsidiary is in default and no waiver of default is currently in effect, in the payment of any principal or interest on any Indebtedness of the Company or such Subsidiary and no event or condition exists with respect to any Indebtedness of the Company or any Subsidiary that would permit (or that with notice or the other lapse of time, or both, would permit) one or more Persons to cause such Indebtedness to become due and payable before its stated maturity or before its regularly scheduled dates of payment.

Appears in 1 contract

Samples: Note Purchase Agreement (First Union Real Estate Equity & Mortgage Investments)

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