EVOL » Topics » (ix) Indebtedness incurred in connection with the financing of insurance premiums in the ordinary course of business in an amount not to exceed $500,000 in any fiscal year;

This excerpt taken from the EVOL 8-K filed Nov 17, 2005.

(ix)           Indebtedness incurred in connection with the financing of insurance premiums in the ordinary course of business in an amount not to exceed $500,000 in any fiscal year;

 

(x)            Indebtedness in respect of Maker’s guarantee of the expenses incurred by certain employees in connection with the use of credit cards sponsored by Maker in an aggregate amount not to exceed $150,000 at any time outstanding;

 

(xi)           Indebtedness of Evolving Systems Holdings Limited or its Subsidiaries in favor of Royal Bank of Scotland PLC in the aggregate principal amount of 800,000 pounds at any time outstanding;

 

This excerpt taken from the EVOL 8-K filed Jun 6, 2005.

(xiv)        Indebtedness incurred in connection with the financing of insurance premiums in the ordinary course of business in an amount not to exceed $500,000 in any fiscal year; and

 

(xv)         Indebtedness owing from ESHL to Maker for the sole purpose of consummating the transactions contemplated by the Stock Purchase Agreement, provided that, the aggregate amount of such Indebtedness, when taken together with the aggregate amount of Permitted Investments by Maker in ESHL under Section 10(i)(vii) of this Note, does not exceed $12,500,000;

 

EXCERPTS ON THIS PAGE:

8-K
Nov 17, 2005
8-K
Jun 6, 2005
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