Common use of Limitation on Additional Debt Clause in Contracts

Limitation on Additional Debt. The Borrower will not consent to, authorize, issue and/or incur any additional Debt payable from or secured by the Collateral without the prior written consent of the Lender.

Appears in 3 contracts

Sources: Intra Agency Agreement, Loan Agreement, Intra Agency Agreement

Limitation on Additional Debt. The Borrower will not consent to, authorize, issue and/or incur any additional Debt payable from or secured by the Collateral without the prior written consent of the Lender.

Appears in 3 contracts

Sources: Loan Agreement, Intra Agency Agreement, Loan Agreement