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Common use of Except for Permitted Indebtedness Clause in Contracts

Except for Permitted Indebtedness. (as defined in Section 9.1), the Borrower and its Subsidiaries have no outstanding Indebtedness.

Appears in 3 contracts

Sources: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc), Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc), Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)

Related Clauses

  • Permitted Indebtedness
  • Permitted Contingent Obligations
  • Limitation on Subsidiary Indebtedness
  • Litigation and Contingent Obligations
  • Permitted Debt

Parent Clauses

  • Representations and Warranties
  • Financial Condition
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