No Other Indebtedness Sample Clauses

No Other Indebtedness. On the Closing Date and after giving effect to the transactions contemplated hereby, none of the Loan Parties nor any of their Subsidiaries have any Indebtedness other than Indebtedness permitted under Section 8.1.
AutoNDA by SimpleDocs
No Other Indebtedness. Without the prior written consent of the Buyer, the Seller shall not incur any Indebtedness or guaranty the Indebtedness of any other Person other than the Indebtedness incurred under the Program Documents.
No Other Indebtedness. Such Credit Party has no Indebtedness that is senior, pari passu or subordinated in right of payment to their Indebtedness to the Lenders hereunder, except for Permitted Indebtedness.
No Other Indebtedness. The Borrower has no Indebtedness, other than Indebtedness (a) that in the aggregate would not have a Material Adverse Effect, (b) as set forth on the 31 December 2007 audited consolidated balance sheet of the Borrower or (c) as disclosed in Schedule II to the Side Letter.
No Other Indebtedness. Such Borrower has no Indebtedness that is senior, pari passu or subordinated in right of payment to their Indebtedness to the Lenders hereunder, except for Permitted Indebtedness.
No Other Indebtedness. Immediately after giving effect to the Transactions and the other transactions contemplated hereby, no Loan Party shall have any outstanding Indebtedness other than (a) Indebtedness outstanding under the Loan Documents and (b) Indebtedness permitted by Section 6.01;
No Other Indebtedness. On the Closing Date and after giving effect to the transactions contemplated hereby, it has no Indebtedness other than Indebtedness permitted under Section 7.2(a).
AutoNDA by SimpleDocs
No Other Indebtedness. On the Closing Date and after giving effect to the transactions contemplated hereby, it has no Indebtedness other than (i) Indebtedness reflected in the Financial Statements delivered under Section 5.1(a)(vii) to the extent required by GAAP to be included therein or in footnotes thereto, or (ii) as set forth in Schedule 6.1(r).
No Other Indebtedness. None of Holdings, the Borrower nor any Subsidiary shall have any outstanding third party indebtedness for borrowed money. For purposes of determining whether the conditions precedent specified in this Article VI have been satisfied on the Closing Date, by funding the Loans hereunder, each Agent and each Lender that has executed this Agreement (or an Assignment and Acceptance on the Closing Date) shall be deemed to have consented to, approved, accepted or waived, or to be satisfied with, each document or other matter required hereunder to be consented to or approved by or acceptable or satisfactory to such Agent or such Lxxxxx, as the case may be.
No Other Indebtedness. On the Closing Date, no Group Member shall have outstanding any Indebtedness other than (i) the Loans hereunder, (ii) Indebtedness set forth on Schedule 8.1, and (iii) Indebtedness that complies with Section 8.1(e).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!