Common use of Payments of Indebtedness Clause in Contracts

Payments of Indebtedness. Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness.

Appears in 8 contracts

Samples: Term Loan Agreement (Exagen Diagnostics Inc), Term Loan Agreement (Exagen Diagnostics Inc), Term Loan Agreement (NanoString Technologies Inc)

AutoNDA by SimpleDocs

Payments of Indebtedness. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations and (ii) subject scheduled payments of other Indebtedness to any applicable terms of subordination, other Permitted Indebtednessthe extent such Indebtedness is permitted pursuant to Section 9.01.

Appears in 4 contracts

Samples: Credit Agreement (Zymergen Inc.), Credit Agreement (Zymergen Inc.), Credit Agreement (ArcherDX, Inc.)

Payments of Indebtedness. Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness; provided that Borrower will not, and will not permit any of its Subsidiaries to acquire, repurchase, buy out, retire or prepay in whole or in part any of its outstanding Permitted Subordinated Debt.

Appears in 4 contracts

Samples: Term Loan Agreement (Valeritas Holdings Inc.), Term Loan Agreement (Valeritas Holdings Inc.), Term Loan Agreement (Valeritas Holdings Inc.)

Payments of Indebtedness. Each Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness.

Appears in 3 contracts

Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.)

AutoNDA by SimpleDocs

Payments of Indebtedness. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations and Obligations, (ii) subject to any applicable terms scheduled payments (and not accelerated, voluntary or other similar contractually unscheduled payments) of subordination, other Permitted IndebtednessIndebtedness and (iii) repayment of intercompany Indebtedness permitted in reliance upon Section 9.01(e).

Appears in 2 contracts

Samples: Credit Agreement (Neuronetics, Inc.), Credit Agreement (Apyx Medical Corp)

Payments of Indebtedness. Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordinationsubordination if applicable, other Permitted Indebtedness.

Appears in 2 contracts

Samples: Term Loan Agreement (Raindance Technologies Inc), Term Loan Agreement (Raindance Technologies Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!