Common use of Repayment of Outstanding Indebtedness Clause in Contracts

Repayment of Outstanding Indebtedness. The Credit Parties shall have repaid in full all outstanding indebtedness secured by Collateral, other than indebtedness giving rise to Permitted Liens.

Appears in 24 contracts

Samples: Consent and Agreement (Pacific Ventures Group, Inc.), Consent and Agreement (Sack Lunch Productions Inc.), Consent and Agreement (Sack Lunch Productions Inc.)

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Repayment of Outstanding Indebtedness. The Credit Parties Borrowers shall have repaid in full all outstanding indebtedness secured by Collateral, other than indebtedness giving rise to Permitted Liens.

Appears in 8 contracts

Samples: Credit Agreement (Poet Technologies Inc.), Credit Agreement (Dr. Tattoff, Inc.), Credit Agreement (Petron Energy II, Inc.)

Repayment of Outstanding Indebtedness. The Credit Parties shall have repaid in full all outstanding indebtedness secured by the Collateral, other than indebtedness giving rise to Permitted Liens.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Facility Agreement (SRAX, Inc.), Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.)

Repayment of Outstanding Indebtedness. The Credit Parties shall have repaid in full all outstanding indebtedness secured by Collateral, other than indebtedness giving rise to Permitted Liens. 22 4.

Appears in 1 contract

Samples: www.sec.gov

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Repayment of Outstanding Indebtedness. The Credit Parties shall have repaid in full all outstanding indebtedness secured by Borrower Collateral, other than indebtedness giving rise to Permitted LiensLiens (or proper amounts shall have been withheld from proceeds of the Loan to repay such outstanding indebtedness at Closing).

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Mint Leasing Inc)

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