Common use of No Additional Indebtedness Clause in Contracts

No Additional Indebtedness. No Borrower shall, without Agent's and Lenders' prior written consent, incur additional indebtedness, except for trade payables in the ordinary course of business.

Appears in 2 contracts

Samples: Loan Agreement (Omega Healthcare Investors Inc), Loan Agreement (Omega Healthcare Investors Inc)

AutoNDA by SimpleDocs

No Additional Indebtedness. No Borrower shallshall not, without AgentLender's and Lenders' prior written consent, incur additional indebtedness, except for trade payables in the ordinary course of business.

Appears in 2 contracts

Samples: Construction Loan Agreement (United Homes Inc), Loan Agreement (CNL Retirement Properties Inc)

AutoNDA by SimpleDocs

No Additional Indebtedness. No Borrower shallshall not, without AgentLender's and Lenders' prior written consent, incur additional indebtednessindebtedness (secured or unsecured), except for trade payables in the Borrower's ordinary course of business.. ​

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!