Permitted Indebtedness. Borrower shall not create, incur, assume or suffer to exist any Indebtedness, other than Permitted Indebtedness. Borrower shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or to the extent specifically permitted by this Agreement or any subsequent agreement between Borrower and Lender.
Appears in 6 contracts
Samples: Revolving Credit and Security Agreement (Neogenomics Inc), Revolving Credit and Security Agreement (Neogenomics Inc), Revolving Credit and Security Agreement (Neogenomics Inc)
Permitted Indebtedness. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness, other than Permitted Indebtedness. Borrower shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or , prior to the extent specifically permitted by repayment or conversion of all the Obligations outstanding under this Agreement or any subsequent agreement between Borrower and LenderNote without first obtaining the prior written consent of the Holder.
Appears in 6 contracts
Samples: Secured Convertible Promissory Note (Xg Sciences Inc), Secured Convertible Promissory Note (Xg Sciences Inc), Secured Convertible Promissory Note (Xg Sciences Inc)
Permitted Indebtedness. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness, other than Permitted Indebtedness. Borrower shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or , prior to the extent specifically permitted by repayment of all the Obligations outstanding under this Agreement or any subsequent agreement between Borrower and Lender.Note without first obtaining the prior written consent of the Holder; or
Appears in 1 contract
Samples: Security Agreement (VPR Brands, LP.)
