Common use of Indebtedness Incurred or Disqualified Stock Clause in Contracts

Indebtedness Incurred or Disqualified Stock. or Preferred Stock issued by a Receivables Subsidiary in a Qualified Receivables Factoring or Qualified Receivables Financing that is not recourse to any Borrower or any Restricted Subsidiary other than (x) a Receivables Subsidiary (except for Standard Securitization Undertakings) or (y) a Person described in the definition of “Factoring Transaction”;

Appears in 2 contracts

Samples: Credit Agreement (Maravai Lifesciences Holdings, Inc.), Credit Agreement (Maravai Lifesciences Holdings, Inc.)

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Indebtedness Incurred or Disqualified Stock. or Preferred Stock issued by a Receivables Subsidiary in a Qualified Receivables Factoring Financing or Qualified Receivables Financing Factoring that is not recourse to any Borrower Intermediate Holdings or any Restricted Subsidiary (except for Standard Securitization Undertakings) other than (x) a Receivables Subsidiary (except for Standard Securitization Undertakings) or (y) a Person described in the definition of “Factoring Transaction”;

Appears in 1 contract

Samples: First Lien Credit Agreement

Indebtedness Incurred or Disqualified Stock. or Preferred Stock issued by a Receivables Subsidiary in a Qualified Receivables Factoring or Qualified Receivables Financing that is not recourse to any the Borrower or any Restricted Subsidiary other than (x) a Receivables Subsidiary (except for Standard Securitization Undertakings) or (y) a Person described in the definition of “Factoring Transaction”;

Appears in 1 contract

Samples: Credit Agreement (PurposeBuilt Brands, Inc.)

Indebtedness Incurred or Disqualified Stock. or Preferred Stock issued by a Receivables Subsidiary in a Qualified Receivables Factoring Financing or Qualified Receivables Financing Factoring that is not recourse to any Borrower Intermediate Holdings or any Restricted Subsidiary other than (x) a Receivables Subsidiary (except for Standard Securitization Undertakings) or (y) a Person described in the definition of “Factoring Transaction”;Securitiz...

Appears in 1 contract

Samples: First Lien Credit Agreement

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Indebtedness Incurred or Disqualified Stock. or Preferred Stock issued by a Receivables Subsidiary in a Qualified Receivables Factoring or Qualified Receivables Financing that is not recourse to any the Borrower or any Restricted Subsidiary other than (x) a Receivables Subsidiary (except for Standard Securitization Undertakings) or (y) a Person described in the definition of “Factoring Transaction”);

Appears in 1 contract

Samples: First Lien Credit Agreement (V2X, Inc.)

Indebtedness Incurred or Disqualified Stock. or Preferred Stock issued by a Receivables Subsidiary in a Qualified Receivables Factoring or Qualified Receivables Financing that is not recourse to any Borrower or any Restricted Subsidiary other than (x) a Receivables Subsidiary (except for Standard Securitization Undertakings) or (y) a Person described in the definition of “Factoring Transaction”;

Appears in 1 contract

Samples: First Lien Credit Agreement (Maravai Lifesciences Holdings, Inc.)

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