Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor Obligor shall be entitled to accept and receive Subordinated Debt Payments expressly allowed, if any, under the Credit Agreement.
Appears in 5 contracts
Samples: Subordination Agreement (KLDiscovery Inc.), Subordination Agreement (KLDiscovery Inc.), Credit Agreement (Acutus Medical, Inc.)
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor other Obligor shall be entitled to accept and receive receive, payments on account of the Subordinated Debt Payments expressly allowed, if any, in the ordinary course of business to the extent such payments are not prohibited under the Credit Agreement.
Appears in 4 contracts
Samples: Intercompany Subordination Agreement, Intercompany Subordination Agreement (Velocity Express Corp), Intercompany Subordination Agreement (Velocity Express Corp)
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor Obligor shall be entitled to accept and receive Subordinated Debt Payments expressly allowedallowed to be made, if any, under the Credit Agreement.
Appears in 3 contracts
Samples: Intercompany Subordination Agreement (Nevada Gold & Casinos Inc), Intercompany Subordination Agreement (Nevada Gold & Casinos Inc), Intercompany Subordination Agreement (Nevada Gold & Casinos Inc)
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor other Obligor shall be entitled to accept and receive receive, Subordinated Debt Payments expressly allowedallowed to be made, if any, under the Credit Agreement.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Jack Cooper Logistics, LLC)
Permitted Payments. So long as no Default or Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor other Obligor shall be entitled to accept and receive receive, any Subordinated Debt Payments expressly allowed, if any, under the Credit AgreementPayment.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Newegg Commerce, Inc.)
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor Obligor shall be entitled to accept and receive Subordinated Debt Payments expressly allowed, if any, under the Credit AgreementIndenture.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Nuverra Environmental Solutions, Inc.)
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor Obligor shall be entitled to accept and receive Subordinated Debt Payments expressly allowed, if any, to the extent not prohibited under the Credit Agreement.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Erickson Air-Crane Inc.)
Permitted Payments. So long as no Event of Default has shall have occurred and is be continuing, each Debtor Obligor may make, and each Creditor other Obligor shall be entitled to accept and receive receive, payments on account of the Subordinated Debt Payments expressly allowedin accordance with, if anyand to the extent permitted under, under the terms of the Credit Agreement.
Appears in 1 contract
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor Obligor shall be entitled to accept and receive receive, Subordinated Debt Payments expressly allowed, if any, under the Credit AgreementAgreements.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Nuverra Environmental Solutions, Inc.)
Permitted Payments. So long as no Event of Default has occurred and is continuing, each Debtor Obligor may make, and each Creditor other Obligor shall be entitled to accept and receive receive, any Subordinated Debt Payments expressly allowed, if any, Payment and any other payment otherwise permitted under the Credit Loan Agreement.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Sugarfina Corp)
