Common use of Restrictions on Additional Indebtedness Clause in Contracts

Restrictions on Additional Indebtedness. Borrower will not create or suffer to exist any Indebtedness which is senior in right of payment to or pari passu with the Loans.

Appears in 3 contracts

Samples: Senior Credit Agreement (Digital Brands Group, Inc.), Senior Credit Agreement (Hylete), Senior Credit Agreement (Denim LA, Inc.)

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Restrictions on Additional Indebtedness. Borrower will not create or suffer to exist any Indebtedness which is senior in right of payment to or pari passu with the Loans.. ​

Appears in 1 contract

Samples: Senior Credit Agreement (Digital Brands Group, Inc.)

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