Common use of Payments of Indebtedness Clause in Contracts

Payments of Indebtedness. Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness.

Appears in 8 contracts

Samples: Term Loan Agreement (NanoString Technologies Inc), Loan and Security Agreement (Tandem Diabetes Care Inc), Loan Agreement (Exagen Diagnostics Inc)

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Payments of Indebtedness. Borrower Such Obligor will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations and Obligations, (ii) subject to any applicable terms scheduled payments of subordination, other Permitted IndebtednessIndebtedness and (iii) repayment of intercompany Indebtedness permitted in reliance upon Section 9.01(f).

Appears in 8 contracts

Samples: Term Loan Agreement (Cardiome Pharma Corp), Loan Agreement (Navidea Biopharmaceuticals, Inc.), Term Loan Agreement (Cardiome Pharma Corp)

Payments of Indebtedness. Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness; provided that Borrower will not, and will not permit any of its Subsidiaries to acquire, repurchase, buy out, retire or prepay in whole or in part any of its outstanding Permitted Subordinated Debt.

Appears in 4 contracts

Samples: Loan Agreement (Valeritas Holdings Inc.), Loan Agreement (Valeritas Inc), Loan Agreement (Valeritas Holdings Inc.)

Payments of Indebtedness. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations and (ii) subject scheduled payments of other Indebtedness to any applicable terms of subordination, other Permitted Indebtednessthe extent such Indebtedness is permitted pursuant to Section 9.01.

Appears in 4 contracts

Samples: Credit Agreement and Guaranty (Zymergen Inc.), Credit Agreement and Guaranty (ArcherDX, Inc.), Credit Agreement and Guaranty (Zymergen Inc.)

Payments of Indebtedness. Borrower Such Obligor will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations and Obligations, (ii) subject to any applicable terms scheduled payments of subordinationother Indebtedness, other Permitted Indebtednessand (iii) repayment of intercompany Indebtedness permitted in reliance upon Section 9.01(f).

Appears in 3 contracts

Samples: Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.)

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Payments of Indebtedness. Each Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness.

Appears in 3 contracts

Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.)

Payments of Indebtedness. Borrower will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordinationsubordination if applicable, other Permitted Indebtedness.

Appears in 2 contracts

Samples: Term Loan Agreement (Raindance Technologies Inc), Term Loan Agreement (Raindance Technologies Inc)

Payments of Indebtedness. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations and Obligations, (ii) subject to any applicable terms scheduled payments (and not accelerated, voluntary or other similar contractually unscheduled payments) of subordination, other Permitted IndebtednessIndebtedness and (iii) repayment of intercompany Indebtedness permitted in reliance upon Section 9.01(e).

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Apyx Medical Corp)

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