Permitted Indebtedness Definition Example with 6 Variations
This page contains an example definition of Permitted Indebtedness, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Permitted Indebtedness. Is: (a) Borrower's indebtedness to Bank under this Agreement or any other Loan Document; (b) Indebtedness existing on the Closing Date and shown on the Schedule; (c) Subordinated Debt; (d) Indebtedness to trade creditors incurred in the ordinary course of business; and (e) Indebtedness secured by Permitted Liens.
Found in
Odimo INC contract
Variations
Permitted Indebtedness. Is: is: (a) Borrower's indebtedness to Bank under this Agreement or any other Loan Document; (b) Indebtedness Indebtedness, including Contingent Obligations, existing on the Closing Date and shown on the Schedule; (c) Subordinated Debt; (d) Indebtedness to trade creditors incurred in the ordinary course of business; and (e) Indebtedness secured by Permitted Liens.
Found in
SOURCEFIRE INC contract
Permitted Indebtedness. Is: is: (a) Borrower's indebtedness to Bank under this Agreement or any other Loan Document; (b) Indebtedness existing on the Closing Date and shown on the Schedule; (c) Subordinated Debt; (d) Indebtedness to trade creditors incurred in the ordinary course of business; and (e) Indebtedness secured by Permitted Liens. Liens; (f) Indebtedness incurred by refinancing of Indebtedness described in clause (b) of this definition.
Permitted Indebtedness. Is: is: (a) Borrower's indebtedness to Bank under this Agreement or any other Loan Document; (b) Indebtedness existing on the Closing Date and shown on the Schedule; (c) Subordinated Debt; (d) Indebtedness to trade creditors incurred in the ordinary course of business; (e) Indebtedness which amortizes in an aggregate amount not to exceed $5,000,000 secured by fixed assets of Borrower; and (e) (f) Indebtedness secured by Permitted Liens.
Found in
Icoria, Inc. contract
Permitted Indebtedness. Is: is: (a) Borrower's indebtedness to Bank under this Agreement or any other the Loan Document; Documents; (b) Indebtedness existing on the Closing Date and shown on the Schedule; Perfection Certificate; (c) Subordinated Debt; (d) Indebtedness to trade creditors incurred in the ordinary course of business; and (e) Indebtedness secured by Permitted Liens.
Permitted Indebtedness. Is: (a) is: (i) Borrower's indebtedness to Bank under this Agreement or any other Loan Document; (b) Indebtedness Agreement; (ii) indebtedness existing on the Closing Date and shown on the Schedule; (c) Subordinated Debt; (d) Indebtedness Schedule entitled "permitted indebtedness"; and (iii) indebtedness to trade creditors incurred in the ordinary course of business; and (e) Indebtedness secured by Permitted Liens. business.
Found in
MERCATOR SOFTWARE INC contract
Permitted Indebtedness. Is: (a) is: (i) Borrower's indebtedness to Bank under this Agreement or any other Loan Document; (b) Indebtedness Agreement; (ii) indebtedness existing on the Closing Date and shown on the Schedule; (c) Subordinated Debt; (d) Indebtedness Schedule ; and (iii) indebtedness to trade creditors incurred in the ordinary course of business; and (e) Indebtedness secured by Permitted Liens. business.
Found in
GENSYM CORP contract