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 Purchase Money Debt; (d) Borrowed Money (other than the Obligations, Subordinated 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; (e) Bank Product Debt and Debt pursuant to Hedging Agreements to the extent permitted under Section 10.2.15; (f) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a 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 $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 Debt; (d) Permitted Purchase Money Debt; (de) 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; (ef) Bank Product Debt and Debt pursuant to Hedging Agreements to the extent permitted under Section 10.2.15Debt; (fg) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Obligor 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 $2,000,000 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 Purchase Money Debt; (d) existing Borrowed Money (other than the Obligations, Subordinated Debt and Permitted Purchase Money Debt), but only to the extent outstanding on the Closing Date and not satisfied with proceeds the initial Loan proceeds, including without limitation, obligations in respect of the initial LoansSVB Letter of Credit and the SVB Bank Products; (e) Debt with respect to Bank Product Debt and Debt pursuant to Hedging Agreements to Products incurred in the extent permitted under Section 10.2.15Ordinary Course of Business; (f) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Obligor 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 $2,000,000 1,000,000 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 Purchase Money Debt; (d) Borrowed Money Debt (other than the Obligations, Subordinated 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 with proceeds of the initial LoansDate; (e) Debt with respect to Bank Product Debt and Debt pursuant to Hedging Agreements to Products incurred in the extent permitted under Section 10.2.15Ordinary Course of Business; (f) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a 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 $2,000,000 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 Purchase Money Debt; (d) Borrowed Money (other than the Obligations, Subordinated 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[Reserved]; (e) Debt with respect to Bank Product Debt and Debt pursuant to Products incurred in the Ordinary Course of Business, as long as the aggregate ▇▇▇▇-to-market obligations under Hedging Agreements to the extent permitted under Section 10.2.15do not exceed $1,000,000 at any time; (f) Debt (excluding Debt incurred or assumed in connection with a Permitted Acquisition) that is in existence when a Person becomes a Restricted Subsidiary or that is secured by an asset when acquired by a an Obligor or Subsidiaryin 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 $2,000,000 2,500,000 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 Purchase Money Debt; (d) Borrowed Money (other than the Obligations, Subordinated 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; (e) Debt with respect to Bank Product Debt and Debt pursuant to Hedging Agreements to Products incurred in the extent permitted under Section 10.2.15ordinary course of business; (f) Debt that is in existence when a Person becomes a Subsidiary or that is secured by an asset when acquired by a Obligor 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 $2,000,000 in the aggregate at any time;