Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as its incurrence does not violate Section 10.2.3.
Appears in 4 contracts
Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries an Obligor that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as 250,000 during each Fiscal Year and its incurrence does not violate Section 10.2.3.
Appears in 3 contracts
Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 2,500,000 at any one time, so long as its incurrence does not violate time when combined with Capital Lease obligations permitted under Section 10.2.310.2.1(c).
Appears in 3 contracts
Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as its incurrence does not violate Section 10.2.3.
Appears in 3 contracts
Samples: Loan and Security Agreement (HOOKER FURNISHINGS Corp), Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Headwaters Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as time and its incurrence does not violate Section 10.2.310.2.2.
Appears in 2 contracts
Samples: Term Loan and Security Agreement (Sport Chalet Inc), Loan and Security Agreement (Sport Chalet Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 500,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mynd.ai, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount together with all Capital Lease Obligations does not exceed $5,000,000 outstanding 2,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.310.2.
Appears in 2 contracts
Samples: Loan Agreement (School Specialty Inc), Loan Agreement (School Specialty Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as 500,000 per Fiscal Year and its incurrence does not violate Section 10.2.3.
Appears in 2 contracts
Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 15,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 2 contracts
Samples: Term Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 25,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 2 contracts
Samples: Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Conns Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 10,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 2 contracts
Samples: Loan and Security Agreement (Movado Group Inc), Loan and Security Agreement (Movado Group Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Obligors and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 3,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 2 contracts
Samples: Loan and Security Agreement (Hypercom Corp), Loan and Security Agreement (Hypercom Corp)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Holdings, Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 2,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.310.2.2.
Appears in 1 contract
Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 3,000,000 at any one time, so long as its incurrence does not violate time when combined with Capital Lease obligations permitted under Section 10.2.310.2.1(c).
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount (when taken together with such Debt permitted under Section 10.2.1(f) hereof) does not exceed $5,000,000 outstanding 250,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (Ak Steel Holding Corp)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 2,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.310.2.2.
Appears in 1 contract
Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers the Loan Parties and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as time and its incurrence does not violate Section 10.2.39.2.3.
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 100,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (Lapolla Industries Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Obligors and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 250,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan, Security and Guarantee Agreement (GEE Group Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 15,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.310.2.1 or 10.
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount (when taken together with such Debt permitted under Section 10.2.1(f) hereof) does not exceed $5,000,000 outstanding 350,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (Ak Steel Holding Corp)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 2,500,000 at any one time, so long as its incurrence does not violate time when combined with Capital Lease obligations permitted under Section 10.2.310.1.1(c).
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as time and its incurrence does not violate Section 10.2.310.3.2.
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Obligors and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 1,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Obligors and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 1,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.310.2(c)(ii).
Appears in 1 contract
Samples: Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount (when taken together with such Debt permitted under Section 10.2.1(f) hereof) does not exceed $5,000,000 outstanding 125,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (Ak Steel Holding Corp)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as time outstanding and its incurrence does not violate Section 10.2.310.2.
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and its Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount together with all Capital Lease Obligations does not exceed $5,000,000 outstanding <2,000,000>1,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.310.2.
Appears in 1 contract
Samples: Loan Agreement and Forbearance Agreement (School Specialty Inc)
Permitted Purchase Money Debt. Purchase Money Debt and Capital Leases of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount outstanding does not exceed $5,000,000 outstanding 10,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (United Maritime Group, LLC)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as time and its incurrence does not violate Section 10.2.3...
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Obligors and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 6,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan, Security and Guarantee Agreement (Applied Optoelectronics, Inc.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Borrower and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 500,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan Agreement (Ashworth Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Parent and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 20,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Trident Microsystems Inc)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers Parent and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding 25,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount of such Debt does not exceed $5,000,000 outstanding 25,000,000 at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
Samples: Loan and Security Agreement (Boise Cascade Holdings, L.L.C.)
Permitted Purchase Money Debt. Purchase Money Debt of Borrowers and Subsidiaries that is unsecured or secured only by a Purchase Money Lien, as long as the aggregate principal amount does not exceed $5,000,000 outstanding at any one time, so long as time and its incurrence does not violate Section 10.2.3.
Appears in 1 contract
