Common use of Prepayment of Indebtedness Clause in Contracts

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the Loans). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 8 contracts

Samples: Security Agreement (Tauriga Sciences, Inc.), Loan and Security Agreement (MeetMe, Inc.), Security Agreement (Tauriga Sciences, Inc.)

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Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and Indebtedness permitted by Section 6.1 hereof). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) and the payment of cash in lieu of the issuance of fractional shares upon such conversion or exchange shall not be prohibited by this Section 6.12.

Appears in 4 contracts

Samples: Loan and Security Agreement (Delcath Systems, Inc.), Loan and Security Agreement (Rani Therapeutics Holdings, Inc.), Loan and Security Agreement (Viveon Health Acquisition Corp.)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and Indebtedness permitted by Section 6.1 hereof). Notwithstanding the foregoing, Lender agrees the parties agree that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 2 contracts

Samples: Loan and Security Agreement (LifeMD, Inc.), Loan and Security Agreement (Biovie Inc.)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and any Indebtedness listed on Schedule 6.1). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 2 contracts

Samples: Loan and Security Agreement (Emphasys Medical, Inc.), Loan and Security Agreement (Emphasys Medical, Inc.)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the Loans). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into a Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 2 contracts

Samples: Loan and Security Agreement (Digital Caddies, Inc.), Loan and Security Agreement (Virtuix Holdings Inc.)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the Loans). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.126.13.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nanosphere Inc), Loan and Security Agreement (Nanosphere Inc)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and Indebtedness permitted by Section 6.1 hereof). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 2 contracts

Samples: Loan and Security Agreement (Impel Neuropharma Inc), Loan and Security Agreement (Impel Neuropharma Inc)

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Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and Indebtedness permitted by Section 6.1 hereof). Notwithstanding the foregoing, Agent and each Lender agrees that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 1 contract

Samples: Loan and Security Agreement (Benson Hill, Inc.)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the Loans). Notwithstanding the foregoing, Lender agrees that the conversion or exchange into any Borrower’s equity securities of any Indebtedness (other than the Loans) shall not be prohibited by this Section 6.12.

Appears in 1 contract

Samples: Loan and Security Agreement (Bacterin International Holdings, Inc.)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and Indebtedness permitted by Section 6.1 hereof). Notwithstanding the foregoing, Lender agrees Lenders agree that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the LoansLoan) shall not be prohibited by this Section 6.12.

Appears in 1 contract

Samples: Loan and Security Agreement (Health Sciences Acquisitions Corp 2)

Prepayment of Indebtedness. Prepay, redeem or otherwise satisfy in any manner prior to the scheduled repayment thereof any Indebtedness (other than the LoansLoans and Indebtedness permitted by Section 6.1 hereof). Notwithstanding the foregoing, Lender agrees the parties agree that the conversion or exchange into Borrower’s equity securities of any Indebtedness (other than the Loans) and de minimis cash payments made in lieu of the issuance of fractional shares upon such conversion or exchange shall not be prohibited by this Section 6.12.

Appears in 1 contract

Samples: Loan and Security Agreement (Abeona Therapeutics Inc.)

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