Common use of Outside Indebtedness Clause in Contracts

Outside Indebtedness. Other than in the ordinary course of business and consistent with past practices, create, incur, assume or permit to exist any indebtedness for borrowed moneys, other than loans from the Bank, except obligations now existing as shown in the financial statement dated March 31, 1998, excluding those obligations being refinanced by Bank.

Appears in 2 contracts

Samples: Credit Agreement (Alliance Pharmaceutical Corp), Credit Agreement (Photomatrix Inc/ Ca)

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Outside Indebtedness. Other than in the ordinary course of business and consistent with past practices, create, incur, assume or permit to exist any indebtedness for borrowed moneys, other than loans from the Bank, except obligations now existing as shown in the financial statement dated March December 31, 19981997, excluding those obligations being refinanced by Bank.

Appears in 1 contract

Samples: Credit Agreement (Collateral Therapeutics Inc)

Outside Indebtedness. Other than in the ordinary course of business and consistent with past practices, create, incur, assume or permit to exist any indebtedness for borrowed moneys, other than loans from the Bank, except obligations now existing as shown in the financial statement dated March 31September 30, 19981997, excluding those obligations being refinanced by Bank.

Appears in 1 contract

Samples: Credit Agreement (Alliance Pharmaceutical Corp)

Outside Indebtedness. Other than in the ordinary course of business and consistent with past practices, create, incur, assume or permit to exist any indebtedness for borrowed moneys, moneys other than loans from the Bank, except obligations now existing as shown in the financial statement dated March December 31, 19981997, excluding those obligations being refinanced by Bank.

Appears in 1 contract

Samples: Credit Agreement and Promissory Note (LXN Corp)

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Outside Indebtedness. Other than in the ordinary course of business and consistent with past practices, createCreate, incur, assume or permit to exist any indebtedness for borrowed moneys, moneys other than loans Loans from the Bank, Bank except obligations now existing as shown in the financial statement dated March 31November 30, 1998, and excluding those obligations being refinanced by Bankindebtedness incurred in the normal operations of the business including real estate leases, equipment leases, and real estate term loans.

Appears in 1 contract

Samples: Credit Agreement (Easyriders Inc)

Outside Indebtedness. Other than in the ordinary course of business and consistent with past practices, create, incur, assume or permit to exist any indebtedness for borrowed moneys, other than loans from the Bank, except exceed obligations now existing as shown in the financial statement dated March 31June 30, 19981997, excluding those obligations being refinanced by BankBank or loans incurred after March 31, 1998.

Appears in 1 contract

Samples: Credit Agreement (Matrix Pharmaceutical Inc/De)

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