Common use of Indebtedness; Guarantees Clause in Contracts

Indebtedness; Guarantees. Assume or guarantee any indebtedness for borrowed money other than (a) pursuant to any indebtedness instrument outstanding as of the date of this Agreement and made available to Buyer, (b) in connection with interest rate hxxxxx on terms in the ordinary course of business consistent with past practice, or (c) pursuant to any letters of credit that the Company enters into in the ordinary course of its business;

Appears in 2 contracts

Samples: Share Purchase Agreement (Connexa Sports Technologies Inc.), Share Exchange Agreement (Connexa Sports Technologies Inc.)

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Indebtedness; Guarantees. Assume or guarantee any indebtedness for borrowed money other than (a) pursuant to any indebtedness instrument outstanding as of the date of this Agreement and made available to BuyerSeller, (b) in connection with interest rate hxxxxx on terms in the ordinary course of business consistent with past practice, or (c) pursuant to any letters of credit that the Company Bxxxx enters into in the ordinary course of its business;

Appears in 1 contract

Samples: Share Exchange Agreement (Connexa Sports Technologies Inc.)

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Indebtedness; Guarantees. Assume Incur, assume or guarantee any indebtedness for borrowed money other than (a) pursuant to any indebtedness instrument outstanding as of the date of this Agreement and made available to Buyer, (b) in connection with interest rate hxxxxx on terms borrowings under the Company’s existing Credit Agreement or otherwise in the ordinary course of business consistent with past practice, or (c) pursuant to any letters of credit that the Company enters into in the ordinary course of its business;

Appears in 1 contract

Samples: Securities Purchase Agreement (SYNAPTICS Inc)

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