Common use of Additional Indebtedness Clause in Contracts

Additional Indebtedness. Debtor shall not create, incur, assume or permit to exist any Additional Indebtedness except Permitted Indebtedness.

Appears in 9 contracts

Sources: Master Security Agreement, Master Security Agreement (Reply! Inc), Master Security Agreement (Ironwood Pharmaceuticals Inc)

Additional Indebtedness. Debtor Borrower shall not create, incur, assume or permit suffer to exist any Additional Indebtedness except Permitted Indebtednessexcept: (a) the Indebtedness under this Agreement; and (b) current liabilities (other than for borrowed money) incurred in the ordinary course of business.

Appears in 2 contracts

Sources: Loan Agreement (Wellsford Residential Property Trust), Loan Agreement (Equity Residential Properties Trust)

Additional Indebtedness. Debtor Borrower shall not create, incur, assume or permit to exist any Additional Indebtedness except Permitted Indebtedness.

Appears in 2 contracts

Sources: Master Loan and Security Agreement (CytomX Therapeutics, Inc.), Master Loan and Security Agreement (CytomX Therapeutics, Inc.)