Common use of Prior Debt Clause in Contracts

Prior Debt. The Prior Debt has been (or concurrently with the initial borrowing will be) paid in full and all related Liens have been (or concurrently with the initial borrowing will be) released.

Appears in 18 contracts

Samples: Credit Agreement (Biolase, Inc), Credit Agreement (Biolase, Inc), Credit Agreement (Biolase, Inc)

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Prior Debt. The Prior Debt has shall have been (or concurrently with the initial borrowing will be) paid in full and all related Liens shall have been (or concurrently with the initial borrowing will be) released.

Appears in 4 contracts

Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD)

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Prior Debt. The Prior Debt Debt, if any, has been (or concurrently with the initial borrowing will be) paid in full and all related Liens Liens, if any, have been (or concurrently with the initial borrowing will be) released.

Appears in 1 contract

Samples: Credit Agreement (Eton Pharmaceuticals, Inc.)

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