Common use of Indebtedness and Liens Clause in Contracts

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Elecsys Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sellleases,(2)sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's Borrower ’s assets (except as allowed as Permitted Liens), or (3) sell 3)sell with recourse any of Borrower's Borrower ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Arena Resources Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed bor rowed money, including capital leases, (2) sell, transfertransfer , mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens)) , or (3) sell with recourse any of Borrower's Bor rower’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Shells Seafood Restaurants Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as in Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Construction Loan Agreement (Husker Ag Processing LLC)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) sellexcept as allow' ed as a Permitted Lien, self transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Autocorp Equities Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness Indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Greenwood Hall, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇assets.

Appears in 1 contract

Sources: Commercial Security Agreement (Obsidian Enterprises Inc)

Indebtedness and Liens. Except for the trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this the Agreement, create, incur or assume assure indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Asa International LTD)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), ) or (3) sell with ________________________ recourse any of Borrower's accounts, except to e▇▇▇▇▇ Lender .

Appears in 1 contract

Sources: Business Loan Agreement (Category 5 Technologies Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness Indebtedness to lender Lender contemplated by this Agreement, Agreement create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest Security Interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Sports Field Holdings, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) sellexcept as allowed as a Permitted Lien, sale, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Loan Agreement (R B Rubber Products Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Loan No: 1095183 Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Hastings Manufacturing Co)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, Agreement create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, assign pledge lease, grant a security interest in, in or encumber any of Borrower's Borrowers assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Pacifichealth Laboratories Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with without recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Black Mountain Holdings, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leasesteases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Lodging Fund REIT III, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed borrower money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Medi Hut Co Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this the Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) sellexcept as allowed as a Permitted Lien, so transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Embedded Support Tools Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or further encumber any of Borrower's ’s assets without prior consent of Lender (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Utek Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, . including capital leases, . (2) sell, transfer, mortgage, assign, . pledge, lease, grant a security interest Interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Prospect Acquisition Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, Agreement create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Loan Agreement (Magnavision Corporation)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest Interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)Borrowers assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Astropower Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur incur, or assume indebtedness for borrowed money, including capital leaseseases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Champion Industries Inc)

Indebtedness and Liens. Except for trade debt indebtedness incurred in the ordinary normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted LiensLiens and except in the ordinary course of business), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇’s accounts outside the ordinary course of business.

Appears in 1 contract

Sources: Business Loan Agreement (Champion Industries Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of BorrowerBorrower 's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Lodging Fund REIT III, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Wayside Technology Group, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, Agreement create, incur or assume indebtedness for borrowed money, . including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Torotel Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a permitted lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Loan Agreement (Expresspoint Technology Systems Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leaseslease, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.or

Appears in 1 contract

Sources: Loan Agreement (American Xtal Technology)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness Indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (VCG Holding Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, leases (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (TSS, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur incur, or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accountsaccount, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (NTS Properties Vi/Md)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness Indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Coda Music Technology Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed wed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber enccumber any of Borrower's assets (except as allowed as Permitted Lienspermitted liens),, or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Chicago Pizza & Brewery Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or which are collateral for the loan, (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Analytical Surveys Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including Including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Applied Microsystems Corp /Wa/)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Amexdrug Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume additional indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (ComSovereign Holding Corp.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness Indebtedness to lender Lender contemplated by this Agreement, create, create incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, mortgage assign, pledge, lease, grant a security interest inIn, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Revolving Line of Credit Agreement (Daw Technologies Inc /Ut)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest inI, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Convertible Loan Principal Agreement (Amphastar Pharmaceuticals, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, createcreat, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Ocean Bio Chem Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, Agreement create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Torotel Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets ({except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to L▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Homeland Energy Solutions LLC)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, . lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts’s accounts receivable, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Clearday, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as contemplated by the Merger Agreement or allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to L▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Janel Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender. See Exhibit "A".

Appears in 1 contract

Sources: Loan Agreement (Portland Brewing Co /Or/)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)borrowers assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender .

Appears in 1 contract

Sources: Business Loan Agreement (Personal Computer Products Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest inIn, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Amexdrug Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)’s assets, or (3c) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Change in Terms Agreement (Heritage Oaks Bancorp)

Indebtedness and Liens. Except for trade debt incurred in in, the normal course of business business/(T) and indebtedness Indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases(b) except/(D) allowed as a Permitted Lien, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Fresh Enterprises Inc)

Indebtedness and Liens. Except for trade debt incurred Incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest Interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accountsaccounts receivable, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Elevate.Money REIT I, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital finance leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accountsaccounts receivable, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Heritage Global Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, ; (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Elecsys Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) 21 sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) 31 sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Charge Enterprises, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted LiensLiens and except in the ordinary course of business), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Egames Inc)

Indebtedness and Liens. Except except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets Assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (GFS Acquisition Co Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's Borrowers accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Promissory Note (Suncrest Global Energy Corp)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) sellexcept as allowed as a Permitted Lien, self transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.Lender,

Appears in 1 contract

Sources: Business Loan Agreement (Autocorp Equities Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.Lender

Appears in 1 contract

Sources: Change in Terms Agreement (Phone1globalwide Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed borrower money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets included in collateral (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's , accounts, except to ▇▇▇▇▇▇Lender. The Borrower may sell assets in the normal course of business.

Appears in 1 contract

Sources: Business Loan Agreement (Dewey Electronics Corp)

Indebtedness and Liens. Except for Permitted Liens and except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, or (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇’s assets.

Appears in 1 contract

Sources: Business Loan Agreement (Exactech Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's Borrowers assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (Siena Technologies, Inc.)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness Indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness Indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of the Borrower's accounts, except to ▇▇▇▇▇▇Lender.

Appears in 1 contract

Sources: Business Loan Agreement (Ride Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, or (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Construction Loan Agreement

Indebtedness and Liens. Except for trade debt incurred Incurred in the normal course of business and indebtedness Indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2b) except as allowed as a Permitted Lien, sell, transfer, mortgage, assign, pledge, lease, grant a security interest inInterest In, or encumber any of Borrower's assets (except as allowed as Permitted Liens)assets, or (3c) sell with recourse any of Borrower's accounts, except to ▇▇▇▇▇▇Lender. Continuity of Operations.

Appears in 1 contract

Sources: Business Loan Agreement (Hadron Inc)

Indebtedness and Liens. Except for trade debt incurred in the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness Indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens), or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇.

Appears in 1 contract

Sources: Business Loan Agreement (VCG Holding Corp)

Indebtedness and Liens. Except for trade debt incurred in the .the normal course of business and indebtedness to lender Lender contemplated by this Agreement, create, incur or assume indebtedness for borrowed money, including capital leases, (2) sell, transfer, mortgage, assign, pledge, lease, grant a security interest in, or encumber any of Borrower's ’s assets (except as allowed as Permitted Liens)], or (3) sell with recourse any of Borrower's ’s accounts, except to ▇▇▇▇▇▇.Lender

Appears in 1 contract

Sources: Business Loan Agreement (Dynamic Health Products Inc)