Restrictions on Borrowing. So long as the Indebtedness is outstanding, except for obligations of the Borrower outstanding on the date hereof, and extensions thereof, Borrower shall not, nor permit any Subsidiary to, create, incur, assume or suffer to exist any liability for borrowed money other than as permitted in SECTION 5.03, without the consent of Lender, which consent shall not be unreasonably withheld. Borrower will not enter into or become subject to, and will not permit any of its Material Subsidiaries to enter into or become subject to, any agreement (other than this Agreement or other agreements in existence on the date hereof disclosed to Lender) that prohibits or otherwise restricts the right of such Borrower or its Material Subsidiaries to create, incur, assume or suffer to exist any Lien in favor of the Lender on any of such Borrower's, or any of its Material Subsidiaries', assets.
Restrictions on Borrowing. So long as the Indebtedness is outstanding, Borrower shall not, nor permit any Subsidiary to, create, incur, assume or suffer to exist any liability for borrowed money, other than as permitted in Section 5.03, without the consent of Lender which consent shall not be unreasonably withheld. Borrower will not enter into or become subject to, and will not permit any of its Subsidiaries to enter into or become subject to, any agreement (other than this Agreement) that prohibits or otherwise restricts the right of such Borrower or its Subsidiaries to create, incur, assume or suffer to exist any Lien in favor of the Lender on any of such Borrower's, or any of its Subsidiaries', assets.
Restrictions on Borrowing. Borrower shall not request a borrowing under the Loan if a Default or Event of Default exists at such time or if the result thereof would create or cause a Default or Event of Default.
Restrictions on Borrowing. The Borrower shall not request a Borrowing if the result thereof would create or cause a breach of any term, representation, warranty or covenant hereof. The principal amount of Prime Rate Loans outstanding at any time shall not be less than $1,000,000 and are available in whole multiples of $100,000.
Restrictions on Borrowing. So long as the Indebtedness is outstanding, except for obligations of the Borrower outstanding on the date hereof, and extensions thereof, Borrower shall not, nor permit any Subsidiary to, create, incur, assume or suffer to exist any liability for borrowed money without the consent of Lender, which consent shall not be unreasonably withheld. Borrower will not enter into or become subject to, and will not permit any of its Material Subsidiaries to enter into or become subject to, any agreement (other than this Agreement or other agreements in existence on the date hereof disclosed to Lender) that prohibits or otherwise restricts the right of such Borrower or its Material Subsidiaries to create, incur, assume or suffer to exist any Lien in favor of the Lender on any of such Borrower's, or any of its Material Subsidiaries', assets.
Restrictions on Borrowing. While the Option is outstanding, the Company shall not incur any indebtedness except as necessary to facilitate payment of (i) the Geman Note, (ii) indebtedness incurred to pay interest on the Geman Note, (iii) any indebtedness incurred to repay principal under the Geman Note ("SUBSTITUTE INDEBTEDNESS"), (iv) any indebtedness incurred to pay interest on the Substitute Indebtedness and (v) any indebtedness incurred as a result of refinancing of the Substitute Indebtedness, provided the indebtedness incurred in connection with such refinancing does not exceed the principal and interest outstanding under the Substitute Indebtedness (collectively, the "PERMITTED INDEBTEDNESS"). Any Permitted Indebtedness or obligations relating to Permitted Indebtedness that are secured by the Option Shares shall provide for the release of the Option Shares from the pledge relating thereto upon application of the Purchase Price to the Permitted Indebtedness."
Restrictions on Borrowing. In addition to the limitations set forth elsewhere herein, the Company shall not incur any indebtedness without the prior written approval of QualityTech, LP, in its capacity as the Member.
Restrictions on Borrowing. A Borrower shall not request a Borrowing if the result thereof would create or cause a breach of any term, representation, warranty or covenant hereof.
Restrictions on Borrowing. So long as the New Letter of Credit or the Guarantee is outstanding, except for obligations of the Company on the date hereof or under the Amended Loan Agreement or the Amended October Loan Agreement, and extensions or refinancings under such agreements, the Company shall not, nor permit any of its subsidiaries to, create, incur, assume or suffer to exist any liability for borrowed money with an aggregate amount outstanding in excess of $1,000,000, without the consent of Guarantor, which consent shall not be unreasonably withheld.
Restrictions on Borrowing. So long as the Guaranty is outstanding, except for obligations of the Company on the date hereof or under the Loan Agreement, or which may arise under the Original Reimbursement Agreement, and extensions or refinancings under such agreements, the Company shall not, nor permit any of its subsidiaries to, create, incur, assume or suffer to exist any liability for borrowed money with an aggregate amount outstanding in excess of $1,000,000, without the consent of Guarantor, which consent shall not be unreasonably withheld.
