Restriction on Additional Debt. At any time when any portion of any Remaining Note (as defined below) remains outstanding or not satisfied in full, without the prior written consent of the holder or holders of any and all outstanding Remaining Notes, Eastside will not, and will not permit any of its subsidiaries to, create, incur, assume or in any manner become liable in respect of, or suffer to exist, any Indebtedness secured by any mortgage, claim, lien, tax, right of first refusal, pledge, charge, security interest or other encumbrance upon or in any property or assets (including accounts and contract rights) of Eastside or any of its subsidiaries, other than Indebtedness of Eastside and/or Craft Canning, as applicable, under the Amended and Restated Senior Note and the A&R Bigger/D2 Secured Notes, subject to the Intercreditor Agreement.
Restriction on Additional Debt o Except as provided for herein, the Company shall not incur additional debt beyond that debt that is currently contemplated by the existing Revolving Credit Facility, the 1st and 2nd Lien Indentures, the proposed DIP Facility and an exit facility. The Company shall be entitled to structure an exit facility in a manner that maximizes the Company's liquidity so long as the exit facility is permitted under the 1st and 2nd Lien documents.
Restriction on Additional Debt. Other than the Company’s Revolving Credit Facility with the Nebraska State Bank, entered into as of August 12, 2005, so long as the Convertible Note is outstanding Lender shall have priority in payment of principal and interest as against any other promissory notes or indebtedness of the Company. The Company shall provide Lender with fifteen days prior notice before incurring any subordinated debt. Any such subordinated debt must be preapproved by Lender, which approval shall not be unreasonably withheld.
Restriction on Additional Debt. (a) Subject to Section 7.8(b) below, notwithstanding any other provision of this Indenture, following the date hereof and for so long as any Initial Debentures remain outstanding the Corporation shall not, and shall not permit its subsidiaries, to incur or assume additional indebtedness, or create, assume or permit to exist any new lien or encumbrance on any assets or property of the Corporation or its subsidiaries that secures indebtedness, without the prior consent of Canaccord Genuity Corp., which consent will not be unreasonably withheld or delayed.
