No Debt. Tenant shall not create, incur, assume, or permit to exist any indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of business; [ii] indebtedness for Facility working capital purposes; and [iii] indebtedness that is secured by any Permitted Lien.
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Samples: Master Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\), Lease Agreement (Emeritus Corp\wa\)
No Debt. Tenant shall not create, incur, assume, or permit to exist any -------- indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of business; [ii] indebtedness for Facility working capital purposes; and [iii] indebtedness that is secured by any Permitted Lien.
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No Debt. Tenant and Subtenant shall not create, incur, assume, or permit to exist any indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of business; [ii] indebtedness for Facility working capital purposes; and [iii] indebtedness that is secured by any Permitted Lien.
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No Debt. Tenant shall not create, incur, assume, or permit to ------- exist any indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of Tenant's business; and [ii] indebtedness for Facility working capital purposesrelating to the Letter of Credit; and [iii] indebtedness that is secured by any Permitted Lien.
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Samples: Lease Agreement (Just Like Home Inc)
No Debt. Tenant shall not create, incur, assume, or permit to exist any indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of Tenant's business; [ii] indebtedness for Facility working capital purposesrelating to the Letter of Credit; and [iii] indebtedness that is secured by any Permitted Lien; [iv] indebtedness to Guarantor pursuant to the Working Capital Documents; and [v] indebtedness to Landlord pursuant to the Equity Loan Documents.
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Samples: Lease Agreement (Balanced Care Corp)
No Debt. Tenant shall not create, incur, assume, or permit to exist any indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of Tenant's business; [ii] indebtedness for Facility working capital purposesrelating to the Letter of Credit; and [iii] indebtedness that is secured by any Permitted Lien.
Appears in 1 contract
Samples: Lease Agreement (Balanced Care Corp)
No Debt. Tenant shall not create, incur, assume, or permit to exist any indebtedness with respect to the Leased Property other than [i] trade debt incurred in the ordinary course of Tenant's business; [ii] indebtedness for Facility working capital purposes; and [iiiii] indebtedness that is secured by any Permitted Lien.
Appears in 1 contract