Common use of Additional Debt Clause in Contracts

Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (or Lease Obligations), except for: (a) Debt owed to the Bank; (b) Lease Obligations entered into in such Loan Party’s normal course of business; and (c) Debt not otherwise permitted under this Section 5.32, the aggregate outstanding principal amount of which shall not, at any time, exceed $1,000,000.

Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (or Lease Obligationsincluding obligations under capital leases), except for: (a) the Debt owed to the BankLenders and Hedge Counterparties under the Loan Documents; (b) Lease Obligations entered into in such Loan Party’s normal course of business; and (c) Debt not otherwise permitted under this Section 5.32, the aggregate outstanding principal amount of which shall not, at any time, exceed $1,000,000.)

Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (or Lease Obligationsincluding obligations under capital leases), except for: (a) the Debt owed to the BankLenders and Hedge Counterparties under the Loan Documents; (b) Lease Obligations entered into Debt of SBIC Entities incurred in such Loan Party’s normal the ordinary course of business; business and (c) the Debt not otherwise permitted under this Section 5.32, existing and outstanding on the aggregate outstanding principal amount of which shall not, at any time, exceed $1,000,000Closing Date described on Schedule 5.30. SECTION 5.31. [Intentionally omitted.]

Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (or Lease Obligationsincluding obligations under capital leases), except for: : (a) the Debt owed to the Bank; (b) Lease Obligations entered into in such Lenders and Hedge Counterparties under the Loan Party’s normal course of business; and (c) Debt not otherwise permitted under this Section 5.32, the aggregate outstanding principal amount of which shall not, at any time, exceed $1,000,000.Documents;

Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (or Lease Obligationsincluding obligations under capital leases), except for: : (a) (a) the Debt owed to the Bank; (b) Lease Obligations entered into in such Lenders and Hedge Counterparties under the Loan Party’s normal course of business; and (c) Debt not otherwise permitted under this Section 5.32, the aggregate outstanding principal amount of which shall not, at any time, exceed $1,000,000.Documents;

Additional Debt. No Loan Party or Subsidiary of a Loan Party shall directly or indirectly issue, assume, create, incur or suffer to exist any Debt or the equivalent (or Lease Obligationsincluding obligations under Capital Leases), except for: (a) the Debt owed to the BankBanks; (b) Lease Obligations entered into in such Loan Party’s normal course of businessthe Debt existing and outstanding on the Closing Date described on Schedule 5.28; and (c) Debt not otherwise permitted under this Section 5.325.28, the aggregate outstanding principal amount of which shall not, at any time, exceed $1,000,0005,000,000.00 and (d) Long Term Limited Recourse Mortgage Loans.