Common use of Indebtedness of any Person that becomes a Subsidiary Clause in Contracts

Indebtedness of any Person that becomes a Subsidiary. of the Borrower after the date hereof in a transaction permitted hereunder not to exceed (i) $20,000,000 in the aggregate for any such individual Subsidiary and (ii) $50,000,000 in the aggregate for all such Subsidiaries; provided that, in each case, such Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower and was not incurred solely in contemplation of such Person’s becoming a Subsidiary of the Borrower);

Appears in 2 contracts

Samples: Credit Agreement (Nuvasive Inc), Credit Agreement (Nuvasive Inc)

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Indebtedness of any Person that becomes a Subsidiary. of the Borrower after the date hereof in a transaction permitted hereunder in an aggregate principal amount not to exceed (i) $20,000,000 in the aggregate for any such individual Subsidiary and (ii) $50,000,000 in the aggregate for all such Subsidiaries10,000,000; provided that, in each case, that such Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower and was not incurred solely in contemplation of such Person’s becoming a Subsidiary of the Borrower);

Appears in 1 contract

Samples: Credit Agreement (Spectrum Pharmaceuticals Inc)

Indebtedness of any Person that becomes a Subsidiary. of the any Borrower after the date hereof in a transaction permitted hereunder in an aggregate principal amount not to exceed (i) $20,000,000 in the aggregate for any such individual Subsidiary and (ii) $50,000,000 in the aggregate for all such Subsidiaries500,000; provided that, in each case, such Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower such Borrowers and was not incurred solely in contemplation of such Person’s becoming a Subsidiary of the Borrowersuch Borrowers);

Appears in 1 contract

Samples: Term Loan Agreement (LIVE VENTURES Inc)

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Indebtedness of any Person that becomes a Subsidiary. of the Borrower after the date hereof in a transaction permitted hereunder in an aggregate principal amount not to exceed (i) $20,000,000 in the aggregate for any such individual Subsidiary and (ii) $50,000,000 in the aggregate for all such Subsidiaries750,000; provided that, in each case, that such Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower and was not incurred solely in contemplation of such Person’s becoming a Subsidiary of the Borrower);

Appears in 1 contract

Samples: Credit Agreement (NantHealth, Inc.)

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