Common use of Total Indebtedness Clause in Contracts

Total Indebtedness. Borrower shall not create, incur, assume, or suffer to exist, or permit any Subsidiary to create, incur or suffer to exist, any Indebtedness, except: (a) the Obligations; (b) Subordinated Debt; (

Appears in 3 contracts

Samples: Business Credit and Security Agreement (Pomeroy Select Integration Solutions Inc), Business Credit and Security Agreement (Pomeroy Computer Resources Inc), Loan and Security Agreement (Western Power & Equipment Corp)

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Total Indebtedness. Borrower shall not create, incur, assume, or suffer to exist, or permit any Subsidiary to create, incur or suffer to exist, any Indebtedness, except: (a) the Obligations; (b) Subordinated Debt; (c) Indebtedness of any Subsidiary to Borrower; and

Appears in 2 contracts

Samples: Business Credit and Security Agreement (Creative Computers Inc), Business Credit and Security Agreement (Creative Computers Inc)

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Total Indebtedness. Borrower shall not create, incur, ------------------- assume, or suffer to exist, or permit any Subsidiary to create, incur or suffer to exist, any Indebtedness, except: (a) the Obligations; (b) Subordinated Debt; (

Appears in 1 contract

Samples: Business Credit and Security Agreement (Pomeroy Computer Resources Inc)

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