Common use of Indebtedness Payments Clause in Contracts

Indebtedness Payments. Neither Obligor nor any of its Subsidiaries shall (i) prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due under the Credit Agreement or this Agreement) or lease obligations, (ii) amend, modify or otherwise change the terms of any Indebtedness (other than the Obligations) or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes to officers, directors or shareholders.

Appears in 4 contracts

Samples: Reimbursement Agreement (DSL Net Inc), Reimbursement Agreement (Columbia Capital LLC), Reimbursement Agreement (Vantagepoint Venture Partners 1996)

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Indebtedness Payments. Neither Obligor nor any of its Subsidiaries Borrower shall not (i) prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due or permitted to be prepaid under the Credit Agreement or this Loan Agreement) or any lease obligations, (ii) amend, modify or otherwise change the terms of any Indebtedness (other than the ObligationsAdvances) or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes Indebtedness to officers, directors or shareholders.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Acelrx Pharmaceuticals Inc), Loan and Security Agreement (Glu Mobile Inc)

Indebtedness Payments. Neither Obligor nor any of its Subsidiaries Borrower shall not (i) prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due or permitted to be prepaid under the Credit this Loan Agreement or this the Subordination Agreement) or any lease obligations, (ii) amend, modify or otherwise change the terms of any Indebtedness (other than the ObligationsAdvances) or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes Indebtedness to officers, directors or shareholders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aquantia Corp), Loan and Security Agreement (Aquantia Corp)

Indebtedness Payments. Neither Obligor nor any of its Subsidiaries No Borrower shall (i) prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due or permitted to be prepaid under the Credit Agreement or this Loan Agreement) or any lease obligations, (ii) amend, modify or otherwise change the terms of any Indebtedness (other than the ObligationsAdvances) or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes Indebtedness to officers, directors or shareholders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Mascoma Corp)

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Indebtedness Payments. Neither Obligor Borrower nor any of its Subsidiaries shall (i) prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due under the Credit Agreement or this AgreementObligations) or lease obligations, (ii) amend, modify or otherwise change the terms of any Indebtedness for borrowed money (other than the Obligations) or lease obligations so as to accelerate the scheduled repayment thereof or (iii) repay any notes to officers, directors or shareholdersshareholders (other than the Obligations).

Appears in 2 contracts

Samples: Loan Agreement (Sirenza Microdevices Inc), Loan Agreement (Vari L Co Inc)

Indebtedness Payments. Neither Obligor Company nor any of its Subsidiaries shall (i) prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness for borrowed money (other than amounts due under the Credit Agreement or this Agreement) or lease obligations, Notes); (ii) amend, modify or otherwise change the terms of any Indebtedness for borrowed money (other than the Obligations) or lease obligations so as to accelerate the scheduled repayment thereof thereof; or (iii) repay any notes Indebtedness for borrowed money owed to officers, directors or shareholders.

Appears in 1 contract

Samples: Security Agreement (Digital Lightwave Inc)

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