Common use of Indebtedness of the Company or any of its Restricted Subsidiaries arising from the honoring by a bank or other Clause in Contracts

Indebtedness of the Company or any of its Restricted Subsidiaries arising from the honoring by a bank or other. financial institution of a check, draft or similar instrument inadvertently (except in the case of daylight overdrafts) drawn against insufficient funds in the ordinary course of business; provided, that such Indebtedness is extinguished within two Business Days of Incurrence;

Appears in 3 contracts

Samples: Indenture (Coleman Cable, Inc.), Indenture (CCI International, Inc.), Indenture (Baron Wire & Cable Corp.)

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Indebtedness of the Company or any of its Restricted Subsidiaries arising from the honoring by a bank or other. financial institution of a check, draft or similar instrument inadvertently (except in the case of daylight overdrafts) drawn against insufficient funds in the ordinary course of businessbusiness (including daylight overdrafts paid in full by the close of business on the day such overdraft was Incurred); provided, that such Indebtedness is extinguished within two five Business Days of Incurrence;

Appears in 1 contract

Samples: Indenture (Arazi S.a r.l.)

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