Common use of No default under other Indebtedness Clause in Contracts

No default under other Indebtedness. the Borrower is not in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;

No default under other Indebtedness. None of the Borrower is not in Default under any agreement relating to Indebtedness to which it is a party or by which it may be bound;