Common use of Other Debts Clause in Contracts

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 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.