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)
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)
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)