Prior Debt definition
Prior Debt means the Debt listed on Schedule 4.1.
Prior Debt means the outstanding Debt under the Prior Credit Agreement.
Prior Debt means the Debt listed on Schedule 5.1.
Examples of Prior Debt in a sentence
The Prior Debt other than the Subordinated Debt, if any, (i) has been (or substantially concurrently with the funding of the initial borrowing on the Closing Date will be) paid in full and (ii) Agent shall have received evidence that arrangements satisfactory to Agent have been made for the termination and release of all related Liens, if any, granted in connection with such Prior Debt.
Payoff letters with respect to the repayment in full of all Prior Debt other then the Subordinated Debt, termination of all agreements relating thereto and the release of all Liens granted in connection therewith, with Uniform Commercial Code or other appropriate termination statements and documents effective to evidence the foregoing or authorization to file the same.
More Definitions of Prior Debt
Prior Debt means all outstanding amounts under that certain Senior Secured First Lien Term Credit Agreement, dated as of September 3, 2013 (as amended, restated, amended and restated or otherwise modified from time to time), among Company, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.
Prior Debt means the Debt listed on Schedule 4.1; provided that for the avoidance of doubt, for purposes of this Agreement, the term “Prior Debt” does not include the SVB Indebtedness or money owed pursuant to any Capital Lease existing as of the Closing Date.
Prior Debt means a liability of ZISCO referred to in section 3;
Prior Debt all Indebtedness and other obligations of Borrower (or any of them) owing to (i) Horizon Technology Finance Corporation under that certain Venture Loan and Security Agreement, originally dated as of March 5, 2021, and (ii) to Lago Innovation Fund, LLC and Lago Innovation Fund II, LLC under that certain Venture Loan and Security Agreement, dated as of March 11, 2022, in each case as it may have been amended from time to time.
Prior Debt means all Indebtedness and obligations of the Loan Parties under that certain Credit and Guaranty Agreement dated September 29, 2017, as amended, by and among the Loan Parties party thereto, the lenders from time to time party thereto and AB Private Credit Investors LLC, as Administrative Agent and Collateral Agent and all “Loan Documents” as such term is defined therein (in each case, as the same may be amended, modified, supplemented and/or restated from time to time).
Prior Debt means the Debt listed on Schedule 4.2. Pro Rata Term Loan Share means, with respect to any Lender, the applicable percentage (as adjusted from time to time in accordance with the terms hereof) specified opposite such Lender’s name on Annex I which percentage represents the aggregate percentage of the Term Loan Commitment held by such Lender, which percentage shall be with respect to the outstanding balance of the Term Loan as of any date of determination after the Term Loan Commitment has terminated. Product means any products manufactured, sold, developed, tested or marketed by Borrower or any of its Subsidiaries, including, without limitation, those products set forth on Schedule 5.18(b) (as updated from time to time in accordance with Section 6.1.2); provided, however, that if Borrower shall fail to comply with the obligations under Section 6.1.2 to give notice to Agent and update Schedule 5.18(b) prior to manufacturing, selling, developing, testing or marketing any new Product, any such improperly undisclosed Product shall be deemed to be included in this definition; and provided, further, that products manufactured by Borrower for unaffiliated third parties shall not be deemed “Products” hereunder.
Prior Debt as defined in the preamble hereto.