Subordinated Debt; and. (e) Indebtedness to trade creditors incurred in the ordinary course of business.
Subordinated Debt; and. Debt shown on the financial statements of Borrower dated as of March 31, 1997, as heretofore furnished to the Bank.
Subordinated Debt; and any other unsecured any other unsecured Debt in an aggregate amount not to exceed $500,000 at any time outstanding in an aggregate amount not to exceed $500,000 at any time outstanding.
Subordinated Debt; and. Debt of the Borrowers or any of their Subsidiaries to any Borrower; provided, that no agreement or instrument with respect to Debt permitted to be incurred by this Section shall restrict, limit or otherwise encumber (by covenant or otherwise) the ability of any Subsidiary (including DuraTherm, Inc.) of any Borrower to make any payment to such Borrower or any of its Subsidiaries (in the form of dividends, intercompany advances or otherwise) for the purpose of enabling such Borrower to pay the Obligations.
Subordinated Debt; and. 129.10 Debt consisting of the financing of insurance premiums in the ordinary course of business provided that such Debt does not exceed an aggregate amount of $1,000,000 at any time.
Subordinated Debt; and other unsecured Indebtedness not otherwise permitted under clauses (a) through (r) in an aggregate outstanding principal amount not to exceed at any time (x) prior to the Milestone, $2,500,000 and (y) from and after the occurrence of the Milestone, $10,000,000.
Subordinated Debt; and other unsecured Funded Debt of the Borrower and its Subsidiaries in an aggregate outstanding principal amount of up to $2,000,000 at any time.
Subordinated Debt; and all guaranties of such Person with respect to Indebtedness of the type referred in clauses (a) through (k) (other than (j)) of this definition of another Person.
Subordinated Debt; and. Indebtedness to trade creditors incurred in the ordinary course of business. "Permitted Investment" means:
Subordinated Debt; and. Indebtedness of the Borrower not described in the foregoing clauses (a)-(m) which is incurred to develop one or more Projects for which the Agent and the Majority Banks have refused to provide financing, provided that (A) such Indebtedness does not at anytime exceed $25,000,000 ------------- in the aggregate, and (B) the collateral securing such Indebtedness shall be limited to the Project for which such Indebtedness is used and the Base Contracts originated for VOIs or Lots located in such Project.
