No Outstanding Debt. Borrower has no outstanding Debt material to Borrower, except for: (i) the Loans; (ii) liabilities shown on its Financial Statement; and (iii) other obligations in the nature of trade payables incurred by Borrower in the ordinary course of business.
No Outstanding Debt. Except as disclosed in the Registration Statement, the Prospectuses, the Disclosure Package and in Schedule 3, the Company does not have any outstanding debentures, notes, mortgages or other indebtedness that is material to the Company. For the purpose of this Section 2(o), “Credit Facilities” means the Credit Agreement and the Debentures (as such terms are defined in Schedule 3). With respect to the Credit Facilities, there is no Default or Event of Default (as such terms are defined under the Credit Facilities) which has occurred and is continuing under the Credit Facilities.
No Outstanding Debt. Borrower has no outstanding Debt, except for the Loan, any liabilities disclosed to Lender in writing before the Effective Date and other obligations in the nature of trade payables incurred by Borrower (or its predecessor) in their ordinary course of business.
No Outstanding Debt. Section 3.7 of the 2014 Loan E and F Loan Agreement is modified to read: "Borrower has no outstanding Debt for an amount owed by Borrower to another, except for the intercompany loan from Alico pursuant to Section 4.8, loans outstanding under the Loan A and B Loan Documents, the Loan, capital leases on equipment, and any liabilities disclosed to Lender in writing before the Loan E and F First Amendment Effective Date and other obligations in the nature of trade payables incurred by Borrower in its ordinary course of business."
No Outstanding Debt. No Obligor has any outstanding debt material to Obligors as determined under GAAP considered on a consolidated basis, except for: (i) each Loan; (ii) liabilities shown on the Financial Statement; (iii) intercompany liabilities; and (iv) other obligations incurred by Obligors in the ordinary course of business.
No Outstanding Debt. SPI shall have no outstanding debt except for the loans referred to in Exhibit "Q" (Article "7(K)") and any money loaned to SPI by Western from the proceeds of the Private Placement referred to in Article "6" of this Agreement and SPI shall have delivered to Western a certificate of SPI in the form annexed hereto as Exhibit "TT" (Article "19(A)(i)"), signed by the President of SPI and dated the Effective Date to such effect.
No Outstanding Debt. Prior to the Closing, all outstanding liabilities and obligations of RFC shall have been paid or settled, including all costs related to this transaction.
No Outstanding Debt. No Obligor has any outstanding debt material to Obligors as determined under GAAP considered on a consolidated basis, except for: (i) the Loan; (ii) ---------------------------------------------------------- LOAN AGREEMENT IN FAVOR OF BANK OF AMERICA, N.A. PAGE 21 liabilities shown on the Financial Statement; (iii) intercompany liabilities; and (iv) other obligations in the nature of trade payables incurred by Obligors in the ordinary course of business.
No Outstanding Debt. Except as may be set forth in the disclosure schedules hereto, the Company shall have no outstanding debt, other than (i) as set forth in the Company's Form 10-K for the period ending December 31, 2001 and the Company's Form 10-Q for the period ending March 31, 2002, and (ii) the Company's accounts payable, trade payable and capital lease obligations incurred in the ordinary course of business.
No Outstanding Debt. As of the date hereof the Loan Parties do not have any outstanding Debt except for Debt permitted under Section 8.2 hereof.
