Outstanding Indebtedness. Debtor has no outstanding Indebtedness except as permitted by Section 5.1 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 2 contracts
Samples: Security Agreement (Golden Phoenix Minerals Inc), Amended and Restated Security Agreement (Golden Phoenix Minerals Inc)
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 reflected on Borrower’s Audited Financials and disclosed to Lender in writing prior to the date hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness loans or any material leases or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Mammoth Energy Partners LP)
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 8.1 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 2 contracts
Samples: Loan and Security Agreement (Chicken Soup for the Soul Entertainment, Inc.), Loan and Security Agreement (Chicken Soup for the Soul Entertainment, Inc.)
Outstanding Indebtedness. Debtor Neither the Borrower nor any of its Subsidiaries has no outstanding any Indebtedness except as permitted by Section 5.1 hereof and there 6.03. There exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 2 contracts
Samples: Guaranty Agreement (SCS Transportation Inc), Guaranty Agreement (SCS Transportation Inc)
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of businessXXI.
Appears in 1 contract
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 Subsection 7.1 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 1 contract
Samples: Loan and Security Agreement
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 1.43 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Addvantage Technologies Group Inc)
Outstanding Indebtedness. Debtor Neither the Borrower nor any of its Subsidiaries has no outstanding any Indebtedness except as permitted by Section 5.1 hereof and there 7.2. There exists no default under the provisions of any instrument evidencing any such permitted Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 1 contract
Samples: Credit Agreement (Saia Inc)
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness indebtedness except as permitted by Section 5.1 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 1 contract
Samples: MakeMyTrip LTD
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 Subsection 7.01 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.
Appears in 1 contract
Samples: Loan and Security Agreement (Cuisine Solutions Inc)
Outstanding Indebtedness. Debtor Borrower has no outstanding Indebtedness except as permitted by Section 5.1 Subsection 7.01 hereof and there exists no default under the provisions of any instrument evidencing such Indebtedness or under the provisions of any agreement relating thereto. There is no Indebtedness of Debtor owing to any employee, officer, member or manager of Debtor other than accrued salaries, commissions and the like, in each case incurred in the ordinary course of business.4.14
Appears in 1 contract
Samples: Loan and Security Agreement (Interactive Systems Inc)