Common use of Restrictions on Debt Clause in Contracts

Restrictions on Debt. Borrower shall not create, incur, or suffer to exist any Indebtedness, other than Permitted Indebtedness.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Stingray Energy Services, Inc.)

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Restrictions on Debt. Borrower shall not create, incur, create or suffer permit to exist any Indebtedness, other than Indebtedness that is not Permitted Indebtedness.

Appears in 2 contracts

Samples: Development Financing and Affordable Housing Loan Agreement, Development Financing and Affordable Housing Loan Agreement

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