Common use of Repayment of Indebtedness Clause in Contracts

Repayment of Indebtedness. Repay any principal due and owing on any promissory notes, debentures, or other forms of indebtedness, other than (i) periodic interest payments due and owing thereunder; (ii) repayment due of any principal amount or interest due or becoming due under this Debenture; and (iii) repayment of the indebtedness set forth in Schedule 4.9 to the Purchase Agreement; provided, nothing contained in this section shall prohibit the Company from making any payments with respect to trade payables made in the ordinary course of the Company's business;

Appears in 3 contracts

Samples: BPK Resources Inc, AFG Enterprises USA, Inc., Maverick Oil & Gas, Inc.

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Repayment of Indebtedness. Repay any principal due and owing on any promissory notes, debentures, or other forms of indebtedness, other than (i) periodic interest payments due and owing thereunder; (ii) repayment due of any principal amount or interest due or becoming due under this Debenture; and (iii) repayment of the indebtedness set forth in Schedule 4.9 to the Purchase Agreement; provided, nothing contained in this section shall prohibit the Company from making any payments with respect to trade payables made in the ordinary course of the Company's ’s business;

Appears in 2 contracts

Samples: Uni-Pixel, Uni-Pixel

Repayment of Indebtedness. Repay any principal due and owing on any promissory notes, debentures, or other forms of indebtedness, other than (i) periodic interest payments due and owing thereunder; (ii) repayment due of any principal amount or interest due or becoming due under or under this Debenture; and (iii) repayment of the indebtedness set forth in Schedule 4.9 to the Purchase Agreement; provided, however, nothing contained in this section shall prohibit the Company from making any payments with respect to trade payables made in the ordinary course of the Company's business;

Appears in 2 contracts

Samples: Rapid Link Inc, Rapid Link Inc

Repayment of Indebtedness. Repay any principal due and owing on any promissory notes, debentures, or other forms of indebtedness, other than (i) periodic interest payments due and owing thereunder; thereunder and (ii) repayment due of any principal amount or interest due or becoming due under this Debenture; and (iii) repayment of the indebtedness set forth in Schedule 4.9 to the Purchase Agreement; provided, nothing contained in this section shall prohibit the Company from making any payments with respect to trade payables made in the ordinary course of the Company's business;

Appears in 1 contract

Samples: Intrac Inc

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Repayment of Indebtedness. Repay any principal due and owing on any promissory notes, debentures, or other forms of indebtedness, other than (i) periodic interest payments due and owing thereunder; (ii) repayment due of any principal amount or interest due or becoming due under this Debenture; , and (iii) repayment of the indebtedness indebtedness, if any, set forth in Schedule 4.9 4.8 to the Purchase Agreement; provided, nothing contained in this section shall prohibit the Company from making any payments with respect to trade payables made in the ordinary course of the Company's ’s business;

Appears in 1 contract

Samples: Zone Mining LTD

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