Common use of Repayment of Other Indebtedness Clause in Contracts

Repayment of Other Indebtedness. So long as the Notes remain outstanding, the Company shall not prepay any Indebtedness for borrowed money owed by the Company to any officer, director, affiliate or insider of the Company.

Appears in 4 contracts

Samples: Note and Warrant Purchase Agreement (Telenetics Corp), Note and Warrant Purchase Agreement (Telenetics Corp), Note and Warrant Purchase Agreement (Telenetics Corp)

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Repayment of Other Indebtedness. So long as the Notes remain outstanding, the Company shall not prepay repay any Indebtedness for borrowed money owed by the Company to any officer, director, affiliate or insider of the Company.

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Medix Resources Inc), Note and Warrant Purchase Agreement (Analytical Surveys Inc)

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