Common use of Debt; Contingent Obligations Clause in Contracts

Debt; Contingent Obligations. No Loan Party will, or will permit any Subsidiary to, directly or indirectly, create, incur, assume, guarantee or otherwise become or remain directly or indirectly liable with respect to, any Debt, except for Permitted Debt. No Loan Party will, or will permit any Subsidiary to, directly or indirectly, create, assume, incur or suffer to exist any Contingent Obligations, except for Permitted Contingent Obligations.

Appears in 5 contracts

Samples: Multi (Sientra, Inc.), Multi (Sientra, Inc.), Facility Agreement (Sientra, Inc.)

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Debt; Contingent Obligations. No Loan Credit Party will, or will permit any Subsidiary to, directly or indirectly, create, incur, assume, guarantee or otherwise become or remain directly or indirectly liable with respect to, any Debt, except for Permitted Debt. No Loan Credit Party will, or will permit any Subsidiary to, directly or indirectly, create, assume, incur or suffer to exist any Contingent Obligations, except for Permitted Contingent Obligations.. Section 5.2

Appears in 1 contract

Samples: Credit and Security Agreement (Kewaunee Scientific Corp /De/)

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