Common use of 1Indebtedness Clause in Contracts

1Indebtedness. Each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.

Appears in 3 contracts

Samples: Credit Agreement (CPI Card Group Inc.), Credit Agreement (AerSale Corp), Credit Agreement (AerSale Corp)

AutoNDA by SimpleDocs

1Indebtedness. Each Operating Loan Party will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (CPI Card Group Inc.), Credit Agreement (CPI Card Group Inc.)

1Indebtedness. Each No Loan Party will notshall, and will not nor shall it permit any of its Restricted Borrower’s Subsidiaries to, directly or indirectly, create, incur, assume, suffer to exist, guaranteeassume or guaranty, or otherwise become or remain, remain directly or indirectly, indirectly liable with respect to any Indebtedness, except for Permitted Indebtedness.

Appears in 1 contract

Samples: Financing Agreement (Blueprint Medicines Corp)

AutoNDA by SimpleDocs

1Indebtedness. Each Loan Party will not, and will not permit any of its Restricted Subsidiaries to, create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.. ​

Appears in 1 contract

Samples: Credit Agreement (Calavo Growers Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!