Indebtedness and Contingent Obligations. As of the Closing, except as previously disclosed to and approved by Lender in writing and set forth on SCHEDULE 4.4, the Borrowers shall have no outstanding Indebtedness or Contingent Obligations other than the Obligations or any other Permitted Indebtedness.
Appears in 2 contracts
Samples: Loan and Security Agreement (Lodgian Inc), Loan and Security Agreement (Lodgian Inc)
Indebtedness and Contingent Obligations. As of the Closing, except as previously disclosed to and approved by Lender in writing and set forth on SCHEDULE 4.4, neither the Borrowers nor the Mortgage Borrowers shall have no any outstanding Indebtedness or Contingent Obligations other than the Obligations or any other Permitted Indebtedness.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Lodgian Inc), Mezzanine Loan Agreement (Lodgian Inc)
