Common use of Outstanding Indebtedness Clause in Contracts

Outstanding Indebtedness. As of the date of closing and after giving effect to the transactions contemplated by this Agreement, neither Borrower nor any of its Subsidiaries has outstanding any Indebtedness except as permitted by Section 7.01 and there exists no default under the provisions of any instrument evidencing such Indebtedness or of any agreement relating thereto.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Hughes Supply Inc), Credit Agreement (Hughes Supply Inc), Revolving Credit Agreement (Hughes Supply Inc)

AutoNDA by SimpleDocs

Outstanding Indebtedness. As of Neither the date of closing and after giving effect to the transactions contemplated by this Agreement, neither Borrower nor any of its Subsidiaries has outstanding any Indebtedness except as permitted by Section 7.01 and there 7.2. There exists no default under the provisions of any instrument evidencing such Indebtedness or of any agreement relating thereto.

Appears in 3 contracts

Samples: Credit Agreement (Saia Inc), Credit Agreement (Saia Inc), Assignment and Assumption (Saia Inc)

Outstanding Indebtedness. As of the date of closing and ------------------------ after giving effect to the transactions contemplated by this Agreement, neither Borrower nor any of its Subsidiaries has outstanding any Indebtedness except as permitted by Section 7.01 and there exists no default under the provisions of any instrument evidencing such Indebtedness or of any agreement relating thereto.

Appears in 1 contract

Samples: Credit Agreement (Hughes Supply Inc)

Outstanding Indebtedness. As of the date of closing and after giving effect to the transactions contemplated by this Agreement, neither Borrower Borrower, nor Parent nor any of its Parent's other Subsidiaries has outstanding any Indebtedness except as permitted by Section 7.01 and there exists no default under the provisions of any instrument evidencing such Indebtedness or of any agreement relating thereto.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Hughes Supply Inc)

AutoNDA by SimpleDocs

Outstanding Indebtedness. As of the date of closing and after giving effect to the transactions contemplated by this Agreement, neither Borrower nor any of its Subsidiaries has outstanding any Indebtedness except as permitted by Section 7.01 8.01 and there exists no default under the provisions of any instrument evidencing such Indebtedness or of any agreement relating thereto.

Appears in 1 contract

Samples: Credit Agreement (Hughes Supply Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!