Loan Agreement - City of Elk Grove
forth in Section 6 of the Loan Agreement. 1.5. Indebtedness. The term “Indebtedness” means (a) indebtedness created, issued, or incurred by Borrower for borrowed money (whether by loan or the issuance and sale ... obligations of Borrower to pay the deferred purchase or acquisition price of property or services, other than trade accounts ...
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