Common use of Indebtedness of the Borrower and its Subsidiaries Clause in Contracts

Indebtedness of the Borrower and its Subsidiaries. under performance bonds, surety bonds, release, appeal and similar bonds, statutory obligations or with respect to workers’ compensation claims, or arising from Guarantees to suppliers, lessors, licensees, contractors, franchises or customers of obligations (other than Indebtedness), in each case, incurred in the ordinary course of business, and reimbursement obligations in respect of any of the foregoing;