No Financial Indebtedness or Security. (a) The Borrowers, GDS Management Co., GDS Suzhou and GDS Beijing do not have any Financial Indebtedness other than as permitted by Clause 23.13 (Financial Indebtedness). (b) No Security exists over all or any of assets of GDS Management Co., GDS Beijing, GDS Suzhou or the Borrowers other than as permitted by Clause 23.4 (Negative pledge).
Appears in 3 contracts
Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)
No Financial Indebtedness or Security. (a) The Borrowers, GDS Management Co.Borrower, GDS Suzhou and GDS Beijing the Guarantor do not have any Financial Indebtedness other than as permitted by Clause 23.13 (Financial Indebtedness).
(b) No Security exists over all or any of assets of GDS Management Co., GDS Beijingthe Guarantor, GDS Suzhou or the Borrowers Borrower other than as permitted by Clause 23.4 (Negative pledge).
Appears in 2 contracts
Samples: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD)
