Example ContractsClausesFunded Indebtedness
Funded Indebtedness
Funded Indebtedness contract clause examples

Indebtedness. If the Parent or any of its Subsidiaries issues or incurs any Indebtedness (except as permitted under Section 7.03), the Borrowers shall immediately prepay Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such issuance or incurrence on the same day such Net Cash Proceeds are received by the Parent or such Subsidiary.

Indebtedness. The Aggregate Commitments shall be automatically reduced concurrently with, and by an amount equal to, any prepayment made pursuant to [Section 2.06(b)(iii)] (but not from any prepayment made pursuant to [Sections 2.06(b)(i), (ii) or (iv)])])]).

Indebtedness. Create, issue, incur, assume, become liable in respect of or suffer to exist any Indebtedness, except:

Indebtedness. No Borrower shall incur any additional material Indebtedness (other than # the Indebtedness specified on [Schedule 6.01(r)] hereto; # usual and customary accounts payable for a mortgage company; # Indebtedness incurred in connection with new or existing secured lending facilities; and # Indebtedness incurred in connection with an intercompany lending agreement) without the prior written consent of Lender. No Borrower shall enter into any other financing facility with a lender other than the Lender to provide for the financing of Freddie Mac Servicing Rights.

Indebtedness. The Borrower will not create, incur, assume or suffer to exist any Indebtedness, obligation, liability or contingent obligation of any kind other than:

Indebtedness. Create, incur, assume, or be liable for any Indebtedness, or permit any Subsidiary to do so, other than Permitted Indebtedness.

Indebtedness. Create, incur, assume or suffer to exist any Indebtedness in excess of the Threshold Amount, in the aggregate, except:

Indebtedness. Neither the Borrowers nor any Restricted Subsidiary will incur any Indebtedness, except:

Indebtedness. Neither the Company nor any of its Subsidiaries shall directly or indirectly create, incur, assume or otherwise become or remain directly or indirectly liable with respect to any Indebtedness, except:

Indebtedness. The Guarantor shall not create, incur, assume or suffer to exist any indebtedness for borrowed money or for the deferred purchase price of property or services or that is evidenced by a note, bond, debenture or similar instrument or other evidence of indebtedness customary for indebtedness of that type (other than the Subordinated Note).

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