NO FINANCIAL INDEBTEDNESS Sample Clauses

NO FINANCIAL INDEBTEDNESS it does not have any Financial Indebtedness other than as permitted by Clause 16.17 of the Facility Agreement;
AutoNDA by SimpleDocs
NO FINANCIAL INDEBTEDNESS except for the Permitted Financial Indebtedness or with the prior written consent of the Bank, the Borrower shall not incur or permit to exist any Financial Indebtedness;
NO FINANCIAL INDEBTEDNESS. (a) No Obligor shall incur any Financial Indebtedness.
NO FINANCIAL INDEBTEDNESS. No member of the Issuer's Group has or will at the time of an Advance have any Financial Indebtedness other than any Permitted Financial Indebtedness.
NO FINANCIAL INDEBTEDNESS. The Obligors shall not, and shall make sure that no member of the Group, incur or permit to remain outstanding, any Financial Indebtedness (whether secured or unsecured) other than
NO FINANCIAL INDEBTEDNESS. The Borrower has no Financial Indebtedness other than arising out of the Finance Documents and the Permitted Debt or as permitted by Clause 14.14 (Incur Financial Indebtedness).
NO FINANCIAL INDEBTEDNESS. No Group Company is party to any Financial Indebtedness other than Permitted Financial Indebtedness and no Group Company is a party to, nor is it or any of its assets bound or affected by, any consent, agreement or instrument under which any such person is, or in certain events (including the entry into of any of the Senior Finance Documents and/or performance by such Obligor of its obligations thereunder) may be required to create, assume or permit to arise any Financial Indebtedness other than Permitted Financial Indebtedness.
AutoNDA by SimpleDocs
NO FINANCIAL INDEBTEDNESS. Save with the prior written consent of the Banks, the Borrower will not incur or have and will procure that the Group will not incur or have any Financial Indebtedness, save for Permitted Financial Indebtedness. Without limiting the generality of the aforegoing, the Borrower will not and will procure that its Subsidiaries (other than Jazz and its Subsidiaries) will not make any loans or give any guarantees or incur other contingent Indebtedness, other than as referred to (and subject to the limits set out) in clause 1.1.115(e). The Borrower will deliver to the Banks, within 60 (sixty) days of the end of each Quarter during this Agreement, a certificate from the chief financial officer of the Borrower confirming compliance by the Borrower with the provisions of this clause 16.5. In addition, the Borrower shall not give any credit, save for customary credits in the Ordinary Course of Business constituting credit to customers or loans to employees.
NO FINANCIAL INDEBTEDNESS. Neither Company nor any of its Subsidiaries has any outstanding Financial Indebtedness (other than Financial Indebtedness owed to Company or any of its Subsidiaries).
NO FINANCIAL INDEBTEDNESS it will not, without the prior written consent of the Bank, incur any Financial Indebtedness except:-
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!