Ranking and Covenants. (a) Other than such indebtedness existing as of the Issuance Date, the Makers will not, and will not permit any Subsidiary to, directly or indirectly, enter into, create, incur, assume or suffer to exist any indebtedness of any kind, that is senior in any respect to the Makers’ obligations under the Notes, and the Makers will not, and will not permit any Subsidiary to, directly or indirectly, incur any Lien on or with respect to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom, except for indebtedness with respect to capital leases incurred in the ordinary course of business.
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Samples: Vision Capital Advisors, LLC, Vision Capital Advisors, LLC, Vision Capital Advisors, LLC
Ranking and Covenants. (a) Other than such indebtedness existing as of the Issuance Date, the Makers will not, and will not permit any Subsidiary to, directly or indirectly, enter into, create, incur, assume or suffer to exist any indebtedness of any kind, that is senior in any respect to the Makers’ ' obligations under the Notes, and the Makers will not, and will not permit any Subsidiary to, directly or indirectly, incur any Lien on or with respect to any of its property or assets now owned or hereafter acquired or any interest therein or any income or profits therefrom, except for indebtedness with respect to capital leases incurred in the ordinary course of business.. For the purpose of this Agreement, “
Appears in 1 contract
Samples: AccessKey IP, Inc.
Ranking and Covenants. (a) Other than such indebtedness existing as of the Issuance Date, the Makers will not, and will not permit any Subsidiary to, directly or indirectly, enter into, create, incur, assume or suffer to exist any indebtedness of any kind, that is senior in any respect to the Makers’ ' obligations under the Notes, and the Makers will not, and will not permit any Subsidiary to, directly or indirectly, incur any Lien lien on or with respect to any of its property or assets now owned or hereafter acquired or any am' interest therein or any income or profits therefrom, except for indebtedness with respect to capital leases incurred in the ordinary course of business.. For the purpose of this Agreement, "
Appears in 1 contract
Samples: AccessKey IP, Inc.