Examples of Other Credit Facility in a sentence
Such Borrower will pay and discharge, at or before maturity or within any applicable grace period, all of its material obligations and liabilities, including, without limitation, the Other Credit Facility and tax liabilities, EXCEPT where the same may be contested in good faith by appropriate proceedings, and will maintain, in accordance with generally accepted accounting principles, appropriate reserves for the accrual of any of the same.
Such Borrower will not purchase portfolio securities while there is a Loan outstanding under this Agreement and/or a loan outstanding under the Other Credit Facility for its benefit, if the aggregate amount of such Loan and such other loan under the Other Credit Facility exceeds 10% of the Total Assets of such Borrower.
Such Borrower will not permit, at any time, the aggregate amount of its Loans outstanding under this Agreement plus its loans outstanding under the Other Credit Facility to exceed its Borrowing Limit.
XXXXXXX Print Title: AS EXECUTIVE V.P. FOR EACH OF THE FOREGOING DEBTORS REVISED SCHEDULE 9(L) Capitalized terms not defined in this Schedule shall have the meaning ascribed to them in the Other Credit Facility.
Other Credit Facility: On June 30, 2004, E.S. Boulos Company (Boulos), a subsidiary of NGS, renewed its $6 million line of credit.