Example ContractsClausesFunded Indebtedness
Funded Indebtedness
Funded Indebtedness contract clause examples
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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. All of Seller’s indebtedness, including the current portion of any long-term debt and any working capital line, Liabilities related to notes payable, mortgages, term loans, credit cards, equipment loans, cash overdrafts, revolver borrowings and loans or payables to any Seller (or any Affiliate of Seller) or any employee or Affiliate of Seller, or any other obligation for borrowed money, and any interest related to any of the foregoing (“Indebtedness”);

Indebtedness. No Loan Party shall have any Indebtedness for borrowed money other than Indebtedness created by or permitted pursuant to this Agreement. The Existing Credit Agreements shall have been have been terminated, all amounts thereunder shall have been paid in full and arrangements satisfactory to the Administrative Agent shall have been made for the termination of all Liens granted in connection therewith, in each case on terms and conditions reasonably satisfactory to the Lenders (including to terminate all such Blocked Account Agreements (as defined in the Existing Credit Agreements), such Mortgages (as defined in the Existing Term Credit Agreement) and such filings with respect to Intellectual Property Collateral (as defined in the Existing Credit Agreements) in each case, within 30 days of the date hereof or such longer period as may be reasonably agreed between the Company and the Administrative Agent).

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