Common use of Permitted Debt Clause in Contracts

Permitted Debt. As of the Closing Date (giving effect to the making of the Loan), the Borrower is not obligated, whether directly or indirectly, for any Debt other than the Permitted Debt.

Appears in 3 contracts

Samples: Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy Strips Corp.)

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Permitted Debt. As of the Closing Date (giving effect to the making of the Loan), the Borrower is not obligated, whether directly or indirectlyindirectly , for any Debt other than the Permitted Debt.

Appears in 1 contract

Samples: Loan Agreement (Ember Therapeutics, Inc. - Ny)

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Permitted Debt. As of the Closing Date (giving effect to the making of the Loan), the Borrower no Obligor is not obligated, whether directly or indirectly, for any Debt other than the Permitted Debt.

Appears in 1 contract

Samples: Credit Agreement (CRH Medical Corp)

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