Common use of Indebtedness owed Clause in Contracts

Indebtedness owed. (i) by a Credit Party to another Credit Party; (ii) by a Subsidiary of Borrower that is not a Credit Party to another Subsidiary of Borrower that is not a Credit Party; (iii) by a Credit Party to a Subsidiary of Borrower that is not a Credit Party; or (iv) by a Subsidiary of Borrower that is not a Credit Party to a Credit Party, not to exceed $10,000,000 in the aggregate at any time outstanding;

Appears in 1 contract

Sources: Loan Agreement (Precigen, Inc.)

Indebtedness owed. (i) by a Credit Party to another Credit Party; (ii) by a Subsidiary of Borrower Parent that is not a Credit Party to another Subsidiary of Borrower Parent that is not a Credit Party; (iii) by a Credit Party to a Subsidiary of Borrower Parent that is not a Credit Party; or (iv) by a Subsidiary of Borrower Parent that is not a Credit Party to a Credit Party, Party not to exceed $10,000,000 in the aggregate at any time outstanding;

Appears in 1 contract

Sources: Loan Agreement (Valneva SE)