Example ContractsClausesIndebtedness
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Indebtedness. The Company will not, and will not permit any of its Subsidiaries to, directly or indirectly, create, incur, assume or suffer to exist any Indebtedness, except for:

Indebtedness. The Company will not create, incur, assume guarantee or otherwise become liable with respect to any indebtedness for money borrowed or voluntarily create, incur, assume or guarantee any other indebtedness or obligation other than in the ordinary course of business.

Indebtedness. Directly or indirectly, create, incur, assume or suffer to exist any Indebtedness, in the case of the Borrowers, issue any shares of Disqualified Stock or, in the case of any Restricted Subsidiary, issue any shares of Disqualified Stock or preferred stock, except:

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Indebtedness. Set forth on [Schedule 4.14] is a true and complete list of all Indebtedness of Parent, each Loan Party and each of its Subsidiaries outstanding immediately prior to the Closing Date that is to remain outstanding immediately after giving effect to the closing hereunder on the Closing Date and such Schedule accurately sets forth the aggregate principal amount of such Indebtedness as of the Closing Date.

Indebtedness. Borrower will not, and will not permit any Loan Party or any Subsidiary of any Loan Party to create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.

Create, incur, assume or suffer to exist any Indebtedness, except:

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Indebtedness. Created, incurred, assumed or otherwise become liable for any Indebtedness or commit to any endeavor involving a commitment in excess of in the aggregate, other than contractual obligations incurred in the Ordinary Course of Business;

Indebtedness. Upon the incurrence or issuance by the Borrower or any other Obligor of any Indebtedness for borrowed money (excluding any Permitted Advisor Loan) by such Borrower or such other Obligor, as applicable, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received therefrom no later than the fifth Business Day following the receipt of such Net Cash Proceeds (such prepayments to be applied as set forth in [Section 2.09(b)]).

Indebtedness. Parent shall not, nor shall it permit any Restricted Subsidiary to, create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.

Indebtedness. Immediately after giving effect to the closing hereunder on the Closing Date, no Loan Party or any Subsidiary of any Loan Party has any Indebtedness outstanding other than Permitted Indebtedness.

Indebtedness. No Borrower shall, and no Borrower shall permit any of its Subsidiaries to, create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.

Create, incur, assume or suffer to exist any Indebtedness, except:

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Scheduled Indebtedness. All Indebtedness which is presently in effect and/or outstanding that has a maximum borrowing capacity in excess of listed on [Schedule 3] hereto (the “Scheduled Indebtedness”).

Scheduled Indebtedness. Financial Reporting Party shall # provide notice of any additional material Indebtedness (other than # the Scheduled Indebtedness listed under the definition thereof and # usual and customary accounts payable for a mortgage company) and # upon request by , provide details related to Indebtedness including but not limited to tenor, facility size and such other details that are not subject to any obligation of confidentiality.

Existing Indebtedness. All existing Indebtedness (other than Indebtedness permitted pursuant to [Section 9.3] and the Adapt Purchase Agreement) of the Adapt Target and its Subsidiaries shall be repaid in full, all commitments (if any) in respect thereof shall have been terminated and all guarantees therefor and security therefor shall be released, and the Administrative Agent shall have received pay-off letters in form and substance reasonably satisfactory to it evidencing such repayment, termination and release. On the Closing Date, after giving effect to the Transactions, neither the Adapt Target nor any of its Subsidiaries shall have any outstanding Indebtedness (other than the Obligations and Indebtedness permitted pursuant to [Section 9.3] and the Adapt Purchase Agreement).

Subsidiary Indebtedness. The will not permit any of its Subsidiaries (unless such Subsidiary has guaranteed the Obligations pursuant to a guarantee which is reasonably satisfactory to the Administrative Agent) to create, incur, assume or permit to exist any Debt, or become or remain liable (contingent or otherwise) to do any of the foregoing, except for the following:

Restriction on Future Indebtedness with -District Creditors. Without the prior written consent of Aegis, # no Obligor will issue to any -District Creditor nor any Affiliate thereof, any additional indebtedness beyond the aggregate amount of the -District Debt outstanding as of the Effective Date (provided, for the avoidance of doubt, the aggregate principal amount of the A&R -District Notes shall in no event be permitted to exceed at any time and further provided, for the avoidance of doubt, that # any fees, interest, or other obligations that become due or payable pursuant to the terms of any -District Note Document as in effect on the Effective Date shall not be deemed an issuance of “additional indebtedness” for purposes of this [Section 11(a)(i)]), # any principal, fees, interest, or other obligations that become due or payable pursuant to the terms of any of the A&R -District Unsecured Notes, A&R Warrant and A&R Warrant, or any 2024 Warrant held by or , in each case as in effect on the Effective Date, shall not be deemed an issuance of “additional indebtedness” for purposes of this [Section 11(a)(i)]), and # the issuance by of any Kicker Note to and/or District in accordance with the 2024 Loan Agreement shall not be deemed an issuance of “additional indebtedness” for purposes of this [Section 11(a)(i)]), # no Obligor will grant any additional Lien as security for the -District Debt or any other indebtedness owing by any Obligor to any -District Creditor or any Affiliate thereof beyond those Liens granted as of the Effective Date pursuant to the -District Note Documents as in effect on the Effective Date (provided, for the avoidance of doubt, any Lien granted to the -District Creditors pursuant to the 2024 Security Agreement securing any Kicker Notes purchased by and/or pursuant to the 2024 Loan Agreement shall not be deemed an “additional Lien” for purposes of this [Section 11(a)(i)]), and # neither any -District Creditor nor any Affiliate thereof will accept any such issuance of additional indebtedness by any Obligor or the grant of any such additional Lien or enter into any agreement to effect the same. The -District Creditors and each of the Obligors agree and acknowledge that any issuance by any Obligor of any indebtedness to any -District Creditor or any Affiliate thereof and/or any grant by any Obligor of any Lien to any -District Creditor or any Affiliate thereof in violation of the terms of this [Section 11(a)(i)] shall be void ab initio and have no force or effect.

Consolidated Indebtedness. Consolidated Indebtedness denominated in any currency other than Dollars shall be calculated using the Dollar Equivalent thereof as of the date of the applicable financial statements on which such Consolidated Indebtedness is reflected.

Senior Indebtedness. The Obligations under the Facilities constitute “senior debt”, “senior indebtedness”, “guarantor senior debt”, “senior secured financing” and “designated senior indebtedness” (or any comparable term) under the documentation for all Indebtedness that is subordinated in right of payment to the Obligations (if applicable).

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