Common use of Designation as Senior Indebtedness Clause in Contracts

Designation as Senior Indebtedness. The Secured Obligations constitute “Permitted Secured Debt” or any similar designation (with respect to indebtedness that having the maximum rights as “senior debt”) under and as defined in the Convertible Notes Documents.

Appears in 3 contracts

Samples: Credit Agreement (Inseego Corp.), Credit Agreement (Inseego Corp.), Credit Agreement (Inseego Corp.)

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Designation as Senior Indebtedness. The Secured Obligations constitute “Permitted Secured DebtDesignated Senior Indebtedness” or any similar designation (with respect to indebtedness that having the maximum rights as “senior debt”) under and as defined in the Convertible Notes Documents.any agreement governing any subordinated Indebtedness. 5.21

Appears in 1 contract

Samples: Credit Agreement (Houlihan Lokey, Inc.)

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