Permitted Indebtedness. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness, other than Permitted Indebtedness, prior to the repayment or conversion of all the Obligations outstanding under this Note without first obtaining the prior written consent of the Holder.
Appears in 6 contracts
Sources: Secured Convertible Promissory Note (Xg Sciences Inc), Secured Convertible Promissory Note (Xg Sciences Inc), Secured Convertible Promissory Note (Xg Sciences Inc)
Permitted Indebtedness. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness, other than Permitted Indebtedness, prior . Borrower shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or to the repayment extent specifically permitted by this Agreement or conversion of all the Obligations outstanding under this Note without first obtaining the prior written consent of the Holderany subsequent agreement between Borrower and Lender.
Appears in 6 contracts
Sources: Revolving Credit and Security Agreement (Neogenomics Inc), Revolving Credit and Security Agreement (Neogenomics Inc), Revolving Credit and Security Agreement (Neogenomics Inc)
Permitted Indebtedness. The Borrower shall not create, incur, assume or suffer to exist any Indebtedness, other than Permitted Indebtedness, prior to the repayment or conversion of all the Obligations outstanding under this Note without first obtaining the prior written consent of the Holder.; or
Appears in 1 contract
Sources: Security Agreement (VPR Brands, LP.)