Common use of Purchase Money Debt Clause in Contracts

Purchase Money Debt. Purchase Money Debt, including Assumed Debt, not to exceed (i) Six Million and No/100 Dollars ($6,000,000.00) in the aggregate, including all Purchase Money Debt of all Consolidated Entities, (ii) Three Million and No/100 Dollars ($3,000,000.00) in the aggregate, excluding for this Section (ii) all Purchase Money Debt owed by individual Practices that have total Purchase Money Debt of less than One Hundred Thousand and No/100 Dollars ($100,000.00) per Practice, or (iii) One Million and No/100 Dollars ($1,000,000.00) as to any single Practice, absent the prior written approval of Agent as to this Section (iii).

Appears in 3 contracts

Samples: Loan Agreement (Response Oncology Inc), Loan Agreement (Response Oncology Inc), Loan Agreement (Seafield Capital Corp)

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Purchase Money Debt. Purchase Money Debt, including Assumed Debt, not to exceed (i) Six Five Million and No/100 Dollars ($6,000,000.005,000,000.00) in the aggregate, including all Purchase Money Debt of all Consolidated Entities, (ii) Three Two Million and No/100 Dollars ($3,000,000.002,000,000.00) in the aggregate, excluding for this Section (ii) all Purchase Money Debt owed by individual Practices that have total Purchase Money Debt of less than One Hundred Thousand and No/100 Dollars ($100,000.00) per Practice, or (iii) One Million and No/100 Dollars ($1,000,000.00) as to any single Practice, absent the prior written approval of Agent as to this Section (iii).

Appears in 1 contract

Samples: Credit Agreement (Response Oncology Inc)

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