Common use of Lease Payments Clause in Contracts

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.

Appears in 41 contracts

Samples: Credit and Security Agreement (Aterian, Inc.), Credit and Security Agreement (Sientra, Inc.), Credit and Security Agreement (Mohawk Group Holdings, Inc.)

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Lease Payments. No Borrower Obligor will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.

Appears in 3 contracts

Samples: Note Purchase Agreement (Staffing 360 Solutions, Inc.), Note Purchase Agreement (Staffing 360 Solutions, Inc.), Note and Warrant Purchase Agreement (Staffing 360 Solutions, Inc.)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course ordinary course of Businessbusiness.

Appears in 2 contracts

Samples: Credit and Security Agreement (BioTelemetry, Inc.), Credit and Security Agreement (CardioNet, Inc.)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business; provided that, in no event shall the aggregate annual lease payments for all such leases (other than capital leases) exceed $1,200,000 for any calendar year.

Appears in 1 contract

Samples: Credit Agreement (Pernix Therapeutics Holdings, Inc.)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of BusinessBusiness or except as otherwise disclosed in Schedule 5.8.

Appears in 1 contract

Samples: Credit and Security Agreement

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except (i) in the Ordinary Course of BusinessBusiness or (ii) as approved by Agent in connection with a Permitted Acquisition.

Appears in 1 contract

Samples: Credit and Security Agreement (University General Health System, Inc.)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments under operating leases except in the Ordinary Course of Business.

Appears in 1 contract

Samples: Credit and Security Agreement (Twinlab Consolidated Holdings, Inc.)

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Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of BusinessBusiness or pursuant to the Operating Lease.

Appears in 1 contract

Samples: Credit and Security Agreement (Integrated Healthcare Holdings Inc)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.. Credit and Security Agreement 43

Appears in 1 contract

Samples: Credit and Security Agreement (Insulet Corp)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of BusinessBusiness or in connection with leasehold improvements funded by the owner of the subject premises for the benefit of Borrowers or their Subsidiaries.

Appears in 1 contract

Samples: Credit and Security Agreement (Seracare Life Sciences Inc)

Lease Payments. No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except except, to the extent approved by Agent and the Required Lenders as part of the DIP Budget, in the Ordinary Course of BusinessBusiness (including pursuant to the Affiliate Leases).

Appears in 1 contract

Samples: Credit and Security Agreement

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