Common use of Debt of Borrower Clause in Contracts

Debt of Borrower. Borrower will not, nor will Borrower permit any other Credit Party to, incur, become or remain liable for any Debt other than (a) the Obligations, (b) Debt of Borrower or any other Credit Party to Borrower or any Subsidiary of Borrower that has provided a Facility Guaranty and the Equity of which has been pledged to Administrative Agent pursuant to a Borrower Pledge Agreement or a Subsidiary Pledge Agreement, (c) Debt existing on the Effective Date and described on Schedule 5 (including extensions and renewals of such Debt, but excluding replacements or increases of such Debt), and (d) other Debt in an aggregate amount outstanding at any time not to exceed $2,500,000.

Debt of Borrower. Borrower will not, nor will Borrower permit any other Credit Party to, incur, become or remain liable for any Debt other than (a) the Obligations, (b) Debt of Borrower or any other Credit Party to Borrower or any Subsidiary of Borrower that has provided a Facility Guaranty and the Equity of which has been pledged to Administrative Agent pursuant to a Borrower Pledge Agreement or a Subsidiary Pledge Agreement, (c) Debt existing on the Effective Date and described on Schedule 5 4 (including extensions and renewals of such Debt, but excluding replacements or increases of such Debt), and (d) other Debt in an aggregate amount outstanding at any time not to exceed $2,500,0005,000,000.