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; provided 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; provided, further, that the Loan Parties are in Pro Forma Compliance with the financial covenant set forth in Section 7.11;

Appears in 1 contract

Samples: Credit Agreement (Advanced Energy Industries 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; provided that such accordance with the terms of Section 7.03(g), which Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower and was not (other than Indebtedness incurred solely in contemplation of such Person’s becoming a Subsidiary of the Borrower) and any Refinancing thereof; provided, further, provided that the Loan Parties are in Pro Forma Compliance with the financial covenant set forth in Section 7.11aggregate amount of all such Indebtedness at any one time outstanding shall not exceed $10,000,000;

Appears in 1 contract

Samples: Loan Agreement (Monitronics International Inc)

Indebtedness of any Person that becomes a Subsidiary. of the Borrower after the date hereof in a transaction permitted hereunder; provided that such accordance with the terms of §7.6 hereof, which Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower and was not (other than Indebtedness incurred solely in contemplation of such Person’s becoming a Subsidiary of the Borrower); provided, further, that the Loan Parties are in Pro Forma Compliance with the financial covenant set forth in Section 7.11;and

Appears in 1 contract

Samples: Credit Agreement (Staples 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; provided that such accordance with the terms of Section 7.03(h), which Indebtedness is existing at the time such --------------- Person becomes a Subsidiary of the Borrower and was not (other than Indebtedness incurred solely in contemplation of such Person’s 's becoming a Subsidiary of the Borrower; provided, further, that the Loan Parties are in Pro Forma Compliance with the financial covenant set forth in Section 7.11);

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

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