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Indebtedness and Contingent Liabilities Sample Clauses

Indebtedness and Contingent Liabilities. The Borrower will not incur, create, issue, assume or suffer to exist any Indebtedness or agree to maintain the net worth of or working capital of, or provide funds to, satisfy any other financial covenants applicable to, any other Person, except: (a) Indebtedness under this Agreement and the other Loan Documents; (b) Current liabilities of the Borrower, other than for borrowed money, incurred in the ordinary course of business; (c) Indebtedness (other than Indebtedness permitted under Sections 9.9(a), 9.9(d) and 9.9(e)) in an aggregate amount not to exceed at any time $50,000,000; provided, however, that the sum of the Borrower's Indebtedness permitted under this Section 9.9(c) and the Borrower's guarantees permitted under Section 9.9(d) below shall not exceed at any time an aggregate amount of $125,000,000; (d) Guarantees by the Borrower of Indebtedness for borrowed money of Interra Lending Services in an aggregate amount not to exceed at any time $100,000,000; provided, however, that (i) such guarantees shall be permitted only for so long as the Borrower and Interra Lending Services are in compliance with each of the following requirements: (A) the credit facilities under which Interra Lending Services has incurred such guaranteed Indebtedness are made available by one or more of the Banks, (B) the aggregate amount of such guaranteed Indebtedness which Interra Lending Services may borrow under such credit facilities shall not exceed at any time an aggregate amount of $100,000,000, (C) all of such guaranteed Indebtedness shall be secured by Interra Lending Services' pledge of the underlying loans made by Interra Lending Services to its customers, including the stock pledged by customers of Interra Lending Services to Interra Lending Services, (D) if the stock pledged by the customers of Interra Lending Services to Interra Lending Services are subject to Rule 144/Rule 145 restrictions, such pledged stock meets Rule 144/Rule 145 requirements for saleability and are not subject to a lockup or other restrictions; and (E) all loans made by Interra Lending Services to its customers meet the following maximum loan to market value collateral requirements with respect to the stock pledged by such customers: (1) with respect to each loan at the time such loan is made, the ratio of the loan amount to the market value of the pledged stock is not more than 50% and (2) with respect to each loan at all times after the time such loan is made, the ratio of the loan amoun...
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Indebtedness and Contingent Liabilities. Except as disclosed in Schedule 7(18)(o) as of the date hereof, no Obligor has any outstanding Indebtedness For Borrowed Money (excluding the loans and advances hereunder) or material contractually assumed contingent liabilities.
Indebtedness and Contingent Liabilities. Seller does not have any liabilities except as reflected in the SEC Documents delivered to Buyer and except as incurred in the ordinary course of business since the date of the SEC Documents filed prior to the date hereof or disclosed otherwise herein, subject to the terms of 2.9(b) hereof. All liabilities of Seller as of the date hereof or incurred hereafter can be prepaid in full, without penalty, by Seller at any time. Seller is not directly or indirectly liable upon or with respect to (by discount, repurchase agreement, or otherwise), or obligated in any other way to provide funds in respect of or to guarantee or assume any debtor obligation of any corporation, association, partnership, joint venture or other entity, except endorsements made in the ordinary course of business in connection with the deposit of items for collection.
Indebtedness and Contingent Liabilities. 28 Section 9.10 Liens............................................................................................29 Section 9.11 Transactions with Related Parties................................................................29 Section 9.12 Fiscal Year......................................................................................29 Section 9.13 Minimum Consolidated Net Worth...................................................................29 Section 9.14 Minimum Net Capital Required for Dain Xxxxxxxx Xxxorporated......................................30 Section 9.15 WAH Subordinated Debentures......................................................................30
Indebtedness and Contingent Liabilities. Create, incur, assume or in any manner become liable in respect of or suffer to exist, any Indebtedness or Contingent Liabilities other than: (i) the Bank Obligations; (ii) The Indebtedness and Contingent Liabilities described on Schedule 5.2(n) hereto and refinancings thereof , but in each case no increase in the amount thereof (as such amount is reduced from time to time) and no modification of the terms thereof which are less favorable to the Company or any of its Subsidiaries or more restrictive on the Company or any of its Subsidiaries in any material manner shall be permitted; (iii) The Indebtedness under the Senior Notes, but in each case no increase in the amount thereof (as such amount is reduced from time to time); (iv) Indebtedness of the Company or any Subsidiary owing to the Company or to any other Subsidiary to the extent permitted under Section 5.2(j); and (v) Guaranties by the Company of obligations of its Foreign Subsidiaries organized under the laws of the United Kingdom owing to their vendors in the ordinary course of business and not to exceed an aggregate outstanding amount equal to the Equivalent in Dollars of $50,000,000; and (vi) Other Indebtedness and Contingent Liabilities not exceeding an aggregate outstanding amount equal to ten percent (10%) of the consolidated Net Worth of the Company and its Subsidiaries at any time.
Indebtedness and Contingent Liabilities. Except as disclosed in writing to HILCO, the Company does not have any outstanding Indebtedness (excluding the loans and advances hereunder) or material contractually assumed contingent liabilities other than Permitted Indebtedness.
Indebtedness and Contingent Liabilities. SMTEK does not have any liabilities except as reflected on its financial statements heretofore delivered to Buyer and except as incurred in the ordinary course of business since the date of said financial statements or disclosed otherwise herein. All liabilities of SMTEK as of the date hereof or incurred hereafter can be prepaid in full, without penalty, by SMTEK at any time. SMTEK is not directly or indirectly liable upon or with respect to (by discount, repurchase agreement, or otherwise), or obligated in any other way to provide funds in respect of, or to guarantee or assume any debt or obligation of any corporation, association, partnership, joint venture or other entity, except endorsements made in the ordinary course of business in connection with the deposit of items for collection.
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Indebtedness and Contingent LiabilitiesAs of the Effective Date, except as listed on Schedule 6.18 or as otherwise permitted hereby, the Company does not have any outstanding Indebtedness (excluding the Loans and the Subordinated Debt) or material contractually assumed contingent liabilities.
Indebtedness and Contingent LiabilitiesAs of the Effective Date, the Loan Parties and their respective Subsidiaries do not have any outstanding Indebtedness (excluding the Loans and the amounts set forth on Schedule 6.18 hereto) or material contractually assumed contingent liabilities.
Indebtedness and Contingent Liabilities. As of July 1, 1996, the Company does not have any outstanding Indebtedness (excluding the Loans and the Subordinated Debt) or material contractually assumed contingent liabilities.
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