Example ContractsClausesOther Indebtedness
Other Indebtedness
Other Indebtedness contract clause examples

Other Indebtedness. Any breach, default or event of default shall occur, or any other condition shall exist under any instrument, agreement or indenture pertaining to any recourse Indebtedness (other than the Obligations) of the Borrower, any Qualified Borrower or any of their Subsidiaries aggregating $50,000,000 or more, and the effect thereof is to cause an acceleration, mandatory redemption or other required repurchase of such Indebtedness, or permit the holder(s) of such Indebtedness to accelerate the maturity of any such Indebtedness or require a prepayment, redemption or other repurchase of such Indebtedness; or any such Indebtedness shall be otherwise declared to be due and payable (by acceleration or otherwise) or required to be prepaid, redeemed or otherwise repurchased by the Borrower, any Qualified Borrower or any of their Subsidiaries (other than by a regularly scheduled required prepayment) prior to the stated maturity thereof.

Other Indebtedness. Deliver to the Administrative Agent # a copy of each regular report, notice or written communication regarding potential or actual defaults (including any accompanying officer’s certificate) delivered by or on behalf of the Company to the holders of funded Indebtedness with an aggregate outstanding principal amount in excess of $60,000,000 pursuant to the terms of the agreements governing such Indebtedness, such delivery to be made at the same time and by the same means as such notice of default is delivered to such holders, and # a copy of each written notice or other written communication received by the Company from the holders of funded Indebtedness with an aggregate outstanding principal amount in excess of $60,000,000 regarding potential or actual defaults pursuant to the terms of such Indebtedness, such delivery to be made promptly after such notice or other communication is received by the Company.

Other Indebtedness. So long as the Borrower shall have any obligation under this Note, the Borrower shall not (directly or indirectly through any Subsidiary or affiliate) incur or suffer to exist or guarantee any unsecured indebtedness that is senior to or pari passu with (in priority of payment and performance) the Borrower’s obligations hereunder.

Other Indebtedness. Each Borrower’s financing facilities currently in place for the financing of any mortgage servicing rights or servicing advances owned by such Borrower is listed in detail in [Schedule 6.01(s)] attached hereto. Each Borrower shall provide any updates to [Schedule 6.01(s)] to the Lender at the time it delivers each Compliance Certificate hereunder.

The Administrative Agent shall have received evidence reasonably satisfactory to it that on or prior to the Closing Date # the ABL Credit Agreement is in full force and effect, # the Borrower received at least $250,000,000 in commitments from the lenders under the ABL Credit Agreement and # the commitments referred to in [clause (y)] of this paragraph are effective.

Other Indebtedness. Borrower has no Indebtedness (other than Permitted Indebtedness) that has not been heretofore repaid in full.

Other Indebtedness. [Section 7.02] of the Credit Agreement is hereby amended by # deleting the word “and” at the end of [clause (l)] thereof, # replacing the “.” at the end of [clause (m)] thereof with an “;” and # adding a new [clauses (n) and (o)])] which shall read as follows:

. The occurrence of any default after the lapse of any applicable grace or cure period, or the occurrence of any event or circumstance defined as an “Event of Default” under any Indebtedness incurred or owing by any Borrower, or any document or instrument evidencing any obligation to pay such Indebtedness; provided, however, that nothing in this Section 10.1.17 shall be deemed to permit any Borrower to incur such Indebtedness.

. Borrowers have no Indebtedness other than any Permitted Indebtedness and the Secured Obligations.

Other Indebtedness. Borrower has no Indebtedness (other than Permitted Indebtedness) that has not been heretofore repaid in full.

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