Common use of Incurrence of Debt Clause in Contracts

Incurrence of Debt. Borrower will not, nor will Borrower permit any of its Subsidiaries to, incur, become or remain liable for any Debt other than (a) the Obligations, and (b) other Debt in an aggregate amount outstanding at any time not to exceed $25,000.

Appears in 3 contracts

Samples: Credit Agreement (Venus Exploration Inc), Credit Agreement (Exco Resources Inc), Credit Agreement (Exco Resources Inc)

AutoNDA by SimpleDocs

Incurrence of Debt. Borrower will shall not, nor will Borrower and shall not permit any of its Subsidiaries to, incur, become or remain liable for incur any Debt other than (a) the Obligations, and (b) other Debt in an aggregate amount outstanding at any time not to exceed $25,00010,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Berry Petroleum Co), Credit Agreement (Berry Petroleum Co)

Incurrence of Debt. Borrower will not, nor will Borrower permit any of its Subsidiaries to, incur, become or remain liable for any Debt other than (a) the Obligations, Obligations and (b) other Debt in an aggregate amount outstanding at any time not to exceed $25,000100,000.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Incurrence of Debt. Borrower will not, nor will Borrower permit any of its Subsidiaries other Credit Party to, incur, become or remain liable for any Debt other than (a) the Obligations, and (b) the Subordinate Debt, and (c) other unsecured Debt in an aggregate amount outstanding at any time not to exceed $25,0005,000,000.

Appears in 1 contract

Samples: Credit Agreement (Alliant Energy Corp)

AutoNDA by SimpleDocs

Incurrence of Debt. Borrower will not, nor will Borrower permit any of its Subsidiaries to, incur, become or remain liable for any Debt other than (a) the Obligations, (b) the Pecos-Gomex Xxxdit Facility, and (bc) other Debt in an aggregate amount outstanding at any time not to exceed $25,000500,000.

Appears in 1 contract

Samples: Credit Agreement (Exco Resources Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!