Common use of Existing Borrowings Clause in Contracts

Existing Borrowings. All existing Indebtedness: (1) for money borrowed; or (2) under any security agreement or mortgage from the Borrower or any Subsidiary is described in Exhibit C, unless the same are less than $10,000.00 in amount;

Existing Borrowings. All existing Indebtedness: (1) for money borrowed; or (2) under any security agreement or mortgage from the Borrower or any Subsidiary is described in Exhibit CB, unless the same are immaterial (i.e., less than $10,000.00 25,000.00 in amount);