Common use of Indebtedness Payments Clause in Contracts

Indebtedness Payments. (i) Except for the conversion of Indebtedness to Equity Securities and the payment of cash in lieu of issuing fractional shares upon conversion thereof, prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due or permitted to be prepaid under this Agreement or under any revolving credit agreement constituting Permitted Indebtedness under clause (e) of the definition of Permitted Indebtedness) or lease obligations, (ii) except as otherwise permitted pursuant to Section 7.9(i) amend, modify or otherwise change the terms of any Indebtedness for borrowed money or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes to officers, directors or stockholders.

Appears in 3 contracts

Samples: Venture Loan and Security Agreement (Entropic Communications Inc), Venture Loan and Security Agreement (Entropic Communications Inc), Venture Loan and Security Agreement (Entropic Communications Inc)

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Indebtedness Payments. (i) Except for the conversion of Indebtedness to Equity Securities and the payment of cash in lieu of issuing fractional shares upon the conversion thereof, prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due or permitted to be prepaid under this Agreement or under any revolving credit agreement constituting Permitted Indebtedness under clause (e) of the definition of Permitted Indebtedness) or lease obligations, (ii) except as otherwise permitted pursuant to Section 7.9(i) ), amend, modify or otherwise change the terms of any Indebtedness for borrowed money or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes to officers, directors or stockholdersshareholders.

Appears in 1 contract

Samples: Venture Loan and Security Agreement (Isilon Systems, Inc.)

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Indebtedness Payments. (i) Except for the conversion of Indebtedness to Equity Securities and the payment of cash in lieu of issuing fractional shares upon conversion thereof, prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due or permitted to be prepaid under this Agreement or under any revolving credit agreement constituting Permitted Indebtedness under clause (e) of the definition of Permitted IndebtednessIndebtedness (as defined in the Guarantor Loan Agreement)) or lease obligations, (ii) except as otherwise permitted pursuant to Section 7.9(i) of the Guarantor Loan Agreement, amend, modify or otherwise change the terms of any Indebtedness for borrowed money or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes to officers, directors or stockholders.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Entropic Communications Inc)

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