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.
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Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, 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 subordinationsubordination if applicable, other Permitted Indebtedness.
Appears in 2 contracts
Samples: Term Loan Agreement (Raindance Technologies Inc), Term Loan Agreement (Raindance Technologies Inc)
Payments of Indebtedness. Each 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).
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