Common use of Permitted Debt Clause in Contracts

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except: (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Debt; (d) Permitted Purchase Money Debt; (e) Borrowed Money (other than the Obligations, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt), but only to the extent outstanding on the Closing Date and not satisfied with proceeds of the initial Loans; (f) Bank Product Debt; (g) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Borrower or Subsidiary, as long as such Debt was not incurred in contemplation of such Person becoming a Subsidiary or such acquisition, and does not exceed $10,000,000 in the aggregate at any time;

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except: (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Debt; (d) Permitted Purchase Money Debt; (ed) Borrowed Money (other than the Obligations, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt), but only to the extent outstanding on the Closing Date and not satisfied with proceeds of the initial Loans; (fe) Bank Product DebtDebt and Debt pursuant to Hedging Agreements to the extent permitted under Section 10.2.15; (gf) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Borrower Obligor or Subsidiary, as long as such Debt was not incurred in contemplation of such Person becoming a Subsidiary or such acquisition, and does not exceed $10,000,000 2,000,000 in the aggregate at any time;

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except: (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Purchase Money Debt; (d) Permitted Purchase Money Debt[Reserved]; (e) Borrowed Money (other than Debt with respect to Bank Products incurred in the ObligationsOrdinary Course of Business, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt), but only to as long as the extent outstanding on the Closing Date and aggregate xxxx-to-market obligations under Hedging Agreements do not satisfied with proceeds of the initial Loansexceed $1,000,000 at any time; (f) Bank Product Debt; Debt (gexcluding Debt incurred or assumed in connection with a Permitted Acquisition) Debt that is in existence when a Person becomes a Restricted Subsidiary or that is secured by an asset when acquired by a Borrower or Subsidiaryan Obligor in accordance herewith, as long as such Debt was not incurred in contemplation of such Person becoming a Restricted Subsidiary or such acquisition, and does not exceed $10,000,000 2,500,000 in the aggregate at any time;

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except:except the following (collectively, “Permitted Debt”): (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Purchase Money Debt; (d) Permitted Purchase Money Debt; (e) Borrowed Money Debt (other than the Obligations, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt) set forth on Schedule 9.1.4(b), but only to the extent outstanding on the Closing Date and not satisfied Date; (e) Debt with proceeds respect to Bank Products incurred in the Ordinary Course of the initial LoansBusiness; (f) Bank Product Debt; (g) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Borrower an Obligor or Subsidiary, as long as such Debt was not incurred in contemplation of such Person becoming a Subsidiary or such acquisition, and does not exceed $10,000,000 25,000,000 in the aggregate at any time;

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except: (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Purchase Money Debt; (d) Permitted Purchase existing Borrowed Money Debtnot satisfied with the initial Loan proceeds, including without limitation, obligations in respect of the SVB Letter of Credit and the SVB Bank Products; (e) Borrowed Money (other than Debt with respect to Bank Products incurred in the Obligations, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt), but only to the extent outstanding on the Closing Date and not satisfied with proceeds Ordinary Course of the initial LoansBusiness; (f) Bank Product Debt; (g) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Borrower or Subsidiary, as long as such Debt was not incurred in contemplation of such Person becoming a Subsidiary or such acquisition, and does not exceed $10,000,000 1,000,000 in the aggregate at any time;

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except: (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Debt; (d) Permitted Purchase Money Debt; (ed) Borrowed Money (other than the Obligations, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt), but only to the extent outstanding on the Closing Date Date, set forth on Schedule 10.2.1 and not satisfied with proceeds of the initial Loans; (fe) Debt with respect to Bank Product DebtProducts incurred in the ordinary course of business; (gf) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Borrower or SubsidiaryBorrower, as long as such Debt was not incurred in contemplation of such Person becoming a Subsidiary or such acquisition, and does not exceed $10,000,000 in the aggregate at any time;

Permitted Debt. Create, incur, guarantee or suffer to exist any Debt, except: (a) the Obligations; (b) Subordinated Debt; (c) Permitted Foreign Subsidiary Debt; (d) Permitted Purchase Money Debt; (ed) Borrowed Money (other than the Obligations, Subordinated Debt, Permitted Foreign Subsidiary Debt and Permitted Purchase Money Debt), but only to the extent outstanding on the Closing Date and not satisfied with proceeds of the initial Loans; (fe) Bank Product DebtDebt incurred in the ordinary course of business; (gf) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Borrower or Subsidiary, as long as such Debt was not incurred in contemplation of such Person becoming a Subsidiary or such acquisition, and does not exceed $10,000,000 250,000 in the aggregate at any time;