Other Debts. Not to have outstanding or incur any direct or contingent liabilities or lease obligations (other than those to the Bank), or become liable for the liabilities of others, without the Bank's written consent. This does not prohibit:
(a) Acquiring goods, supplies, or merchandise on normal trade credit.
(b) Endorsing negotiable instruments received in the usual course of business.
(c) Obtaining surety bonds in the usual course of business.
(d) Liabilities, lines of credit and leases in existence on the date of this Agreement disclosed in writing to the Bank.
Other Debts. Not to have outstanding or incur any direct or contingent liabilities or lease obligations (other than those to the Bank), or become liable for the liabilities of others, without the Bank’s written consent. This does not prohibit: (a) Acquiring goods, supplies, or merchandise on normal trade credit.
Other Debts. I will pay when due any and all other debts owed or guaranteed by me and will faithfully perform, or comply with all the conditions and obligations imposed on me concerning the debt or guaranty.
Other Debts. To not create, incur, assume or suffer to exist any Indebtedness except:
(a) Indebtedness under this Agreement.
(b) Indebtedness existing on the date hereof and listed on Schedule 7.4(b) and any renewals, extensions or refinancings thereof; provided that the amount of any such Indebtedness shall not be increased at the time of any renewal, extension or refinancing.
(c) Additional purchase money Indebtedness (including obligations in respect of Capital Leases) for the acquisition of fixed or capital assets, which does not exceed an aggregate principal amount of Two Million Dollars ($2,000,000) in any fiscal year.
(d) Other Indebtedness not to exceed Five Million Dollars ($5,000,000) at any time outstanding; provided that such Indebtedness shall not be secured by a lien on the collateral described in Section 2A.1(a).
(e) Obligations (contingent or otherwise) existing or arising under any Swap Contract; provided that such obligations are (or were) entered into in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities, commitments, investments, assets or property held or reasonably anticipated by the Borrower, or changes in the value of securities issued by such Person and not for purposes of speculation or taking a “market view”.
(f) Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or similar instrument inadvertently (except in the case of daylight overdrafts) drawn against insufficient funds in the ordinary course of business; provided, that, such Indebtedness shall only be permitted for five (5) Business Days from the date of incurrence and must be extinguished within five (5) Business Days of incurrence.
(g) Indebtedness in respect of deposits to secure the performance of bids, trade contracts, statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business.
(h) Payables due to any Subsidiary that are (i) incurred in the ordinary course of business of the Borrower, (ii) directly attributable to cash transferred from such Subsidiary to the Borrower for investing or cash management purposes and (iii) in an amount not to exceed the amount of cash transferred from such Subsidiary to the Borrower; for so long as such cash transferred from such Subsidiary remains an asset of the Borrower.
Other Debts. Not to have outstanding or incur any direct or contingent debts (other than those to the Bank), or become liable for the debts of others without the Bank's written consent. This does not prohibit:
(a) Acquiring goods, supplies, or merchandise on normal trade credit.
(b) Endorsing negotiable instruments received in the usual course of business.
(c) Obtaining surety bonds in the usual course of business.
(d) Debts and lines of credit and leases in existence on the date of this Agreement disclosed in writing to the Bank.
(e) Additional debts and lease obligations for business purposes which do not exceed a total principal amount of One Million and No/100 Dollars ($1,000,000.00) outstanding at any one time.
Other Debts. Not to have outstanding or incur any direct or contingent debts or lease obligations (other than those to Bank), or become liable for the debts of others without Bank's prior written consent. This does not prohibit:
a. Trade debt incurred in the ordinary course of business and outstanding less than sixty (60) days after the same has become due.
b. Endorsing negotiable instruments received in the usual course of business.
c. Obtaining surety bonds or similar instruments in the usual course of business.
d. Debts, lines of credit and leases in existence on the date of this Agreement as disclosed in public filings with the Securities and Exchange Commission and otherwise in writing to Bank.
e. Guarantees to Lessees and Debtors in the ordinary course of business.
f. Debt subordinated to the Obligations on terms and conditions satisfactory to Bank in its sole discretion.
g. Debt in respect of netting services, overdraft protections and otherwise in connection with deposit accounts in the ordinary course of business.
h. Non-recourse secured debts.
i. Remarketing and residual sharing arrangements.
j. Indebtedness in connection with Permitted Liens. k. Refinancings of any of the foregoing debt.
Other Debts. Not to have outstanding or incur any direct or contingent liabilities or lease obligations (other than those to the Bank or to any affiliate of the Bank), or become liable for the liabilities of others, without the Bank's written consent. This does not prohibit:
(a) Acquiring goods, supplies, or merchandise on normal trade credit.
(b) Liabilities, lines of credit and leases in existence on the date of this Agreement disclosed in writing to the Bank.
(c) If the Borrower is a natural person, additional debts of the Borrower as an individual for consumer purposes.
Other Debts. Borrower shall default in connection with any agreement for Debt with any creditor other than Lender which entitles said creditor to accelerate the maturity thereof or any Guarantor shall default in connection with any agreement for Debt with Lender or any creditor other than Lender which entities Lender or said other creditor to accelerate the maturity thereof.
Other Debts. Borrower shall default in connection with any agreement for borrowed money or other credit with any creditor other than Lender which entitles said creditor to accelerate the maturity thereof.
Other Debts. Not to have outstanding or incur any direct or contingent liabilities (other than those to the Bank), or become liable for the liabilities of others, without the Bank's written consent. This does not prohibit:
(a) Acquiring goods, supplies, or merchandise on normal trade credit.
(b) Endorsing negotiable instruments received in the usual course of business.
(c) Obtaining surety bonds in the usual course of business.
(d) Liabilities and lines of credit in existence on the date of this Agreement disclosed in writing to the Bank.
(e) Additional debts which do not exceed a total principal amount of One Million Dollars ($1,000,000) outstanding at any one time.
