Common use of Convertible Indebtedness Clause in Contracts

Convertible Indebtedness. The Borrower will not, nor will it permit any of its Subsidiaries to, create, incur, assume or permit to exist any Indebtedness that is convertible into Equity Interests other than Permitted Equity Interests.

Appears in 11 contracts

Samples: Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (MONROE CAPITAL Corp)

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Convertible Indebtedness. The Borrower will not, nor will it permit any of its Subsidiaries to, create, incur, assume or permit to exist any Indebtedness that is convertible into Equity Interests other than Permitted Equity Interests.. ARTICLE VII

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Monroe Capital Income Plus Corp), Credit Agreement (Monroe Capital Income Plus Corp)

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