Maturity Date of other Indebtedness Sample Clauses

Maturity Date of other Indebtedness. All of all of the Borrower's other indebtedness to the Bank, including but not necessarily limited to that evidenced by: (a) the $3,250,000 Existing Equipment Term Loan Note; (b) the $4,000,000 Equipment Term Loan Note; (c) the 1999 Equipment L/C Note in the stated principal amount of $3,271,000; and (d) the $1,000,000.00 Term Loan Note, shall be due and payable in full November 1, 2002, unless sooner accelerated or paid. Until then, the Borrower shall continue to make payments due the Bank on all such other indebtedness in accordance with the respective Notes that evidence such indebtedness.
Sample 1
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Maturity Date of other Indebtedness. No other indebtedness of a Maker or any direct or indirect subsidiary of a Maker by its terms is required to be repaid in whole or in part prior to the Maturity Date.
Sample 1

Related to Maturity Date of other Indebtedness

  • Prepayment of Other Indebtedness, Etc (a) Amend or modify any of the terms of any Indebtedness of any Loan Party or any Subsidiary (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to any Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto.

  • Other Indebtedness Create, incur, assume or permit to exist any indebtedness or liabilities resulting from borrowings, loans or advances, whether secured or unsecured, matured or unmatured, liquidated or unliquidated, joint or several, except (a) the liabilities of Borrower to Bank, and (b) any other liabilities of Borrower existing as of, and disclosed to Bank prior to, the date hereof.

  • No Outstanding Loans or Other Indebtedness Except as described in the Prospectus, there are no outstanding loans, advances (except normal advances for business expenses in the ordinary course of business) or guarantees or indebtedness by the Company to or for the benefit of any of the officers or directors of the Company or any of the members of any of them.

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