Other Debt of Borrower. The Borrower will not incur, create, ---------------------- assume or suffer to exist any Debt except:
(a) Loans hereunder, (b) other Debt owed the Lender, (c) unsecured current accounts payable incurred in the ordinary course of business, provided such accounts are paid within sixty (60) days of the invoice date or are being Contested in Good Faith, (d) Debt in the principal amount of $100,000.00 owed to Union Pacific Resources Company, and (e) other Debt not in excess of $100,000.00 at any one time.
Other Debt of Borrower. The Borrower will not incur, create, assume or suffer to exist any Debt except: (a) Loans hereunder, (b) unsecured current accounts payable incurred in the ordinary course of business, provided such accounts are paid timely or within ninety (90) days of the due date or are being Contested in Good Faith, (c) pursuant to Derivative Contracts required or allowed under this Agreement, (d) other Debt not exceeding $250,000.00 in the aggregate at any one time or (e) the Cubic Guaranty, any refinancing of the Debt guaranteed by the Cubic Guaranty and any guarantees in replacement of such financing.
Other Debt of Borrower. 40 6.2 GUARANTY OF PAYMENT OR PERFORMANCE . . . . . . . . . . . . . . . . .40 6.3 LOANS, ADVANCES OR INVESTMENTS . . . . . . . . . . . . . . . . . . .40 6.4 MORTGAGES OR PLEDGES OF ASSETS . . . . . . . . . . . . . . . . . . .40 6.5
Other Debt of Borrower. The Borrower will not incur, create, assume or suffer to exist any Debt aggregating in excess of $50,000.00 except:
(a) Loans hereunder, (b) unsecured current accounts payable incurred in the ordinary course of business, provided such accounts are paid within sixty (60) days of the invoice date or are being Contested in Good Faith, or paid pursuant to other terms agreed to between the Borrower and the account creditor, (c) the Bank of America Debt (provided, however, the principal amount of the Bank of America Debt shall not increase above the principal amount outstanding as of the date of this Agreement) and (d) the 420 Energy Investments Debt (provided, however, the principal amount of the 420 Energy Investments Debt shall not increase above the principal amount outstanding as of the date of this Agreement).
Other Debt of Borrower. 39 6.2 GUARANTY OF PAYMENT OR PERFORMANCE..........................40 6.3 LOANS, ADVANCES OR INVESTMENTS..............................40 6.4 MORTGAGES OR PLEDGES OF ASSETS..............................40 6.5
Other Debt of Borrower. The Borrower will not incur, create, assume or suffer to exist any Debt aggregating in excess of $500,000.00 except: (a) Loans hereunder, (b)
Other Debt of Borrower. None of the Credit Parties will incur, create, assume or suffer to exist any Debt except:
(a) Loans hereunder, (b) unsecured current accounts payable incurred in the ordinary course of business, provided such accounts are paid within sixty (60) days of the due date or are being Contested in Good Faith, (c) Debt owed the Credit Parties governed by the Senior Credit Agreement, (d) pursuant to Derivative Contracts required or allowed under this Agreement or the Senior Credit Agreement, (e) Intercompany Loans and (f) Debt of the Borrower described on Exhibit IX attached hereto.
Other Debt of Borrower. The Borrowers will not create, assume, incur or have outstanding, or in any manner become or be liable directly or indirectly (whether by way of guaranty or otherwise) in respect of, any indebtedness for borrowed money (including, without limitation, any guaranty of any indebtedness for borrowed money of any third party, insider or Affiliate) or the purchase price of any property (including, without limitation, direct, indirect and capitalized leases), except:
(a) the Loan hereunder or other Obligations to the Lender, (b) unsecured current accounts payable for services furnished and for the purchase price of materials and supplies acquired in the ordinary course of their business, provided such accounts are paid within forty-five (45) days of the due date or are being Contested in Good Faith, or paid pursuant to other terms agreed to between the Borrowers and the account creditor, and (c) amounts outstanding under that certain Letter of Credit expiring November 1, 2019 in the amount of $25,000.00 issued by Bank of America, N.A., f/k/a NationsBank of Texas, N.A., f/k/a NationsBank, N.A., for the account of Mexco and for the benefit of the Railroad Commission of Texas.
Other Debt of Borrower. The Borrower will not incur, create, assume or suffer to exist any Debt except: (a) Loans hereunder, (b) unsecured current accounts payable incurred in the ordinary course of business, provided such accounts are paid timely or within ninety (90) days of the due date or are being Contested in Good Faith, (c) pursuant to Derivative Contracts required or allowed under this Agreement, (d) evidenced by the Xxxxxx Note or (e) other Debt not exceeding $250,000.00 in the aggregate at any one time. The Borrower shall not repay any Debt, principal or interest, evidenced by the Xxxxxx Note; provided, however, so long as no Event of Default or Unmatured Event of Default exists or would exist as a result thereof, the Borrower may make regularly scheduled interest payments accruing on the principal outstanding under the Xxxxxx Note.
Other Debt of Borrower. The Borrower will not incur, create, assume or suffer to exist any Debt except:
(a) Loans hereunder, (b) unsecured current accounts payable incurred in the ordinary course of business, provided such accounts are paid timely or within ninety (90) days of the due date or are being Contested in Good Faith, (c) pursuant to Derivative Contracts required or allowed under this Agreement or (d) other Debt not exceeding $250,000.00 in the aggregate at any one time. .
