Common use of Permitted Subordinated Debt Clause in Contracts

Permitted Subordinated Debt. Borrower shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or to the extent specifically permitted by this Agreement or any subsequent agreement between Borrower and Lender.

Appears in 5 contracts

Samples: Postpetition Revolving Credit and Security Agreement, Revolving Credit and Security Agreement (Derma Sciences, Inc.), Revolving Credit and Security Agreement (Occupational Health & Rehabilitation Inc)

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Permitted Subordinated Debt. Borrower shall not make prepayments on any existing or future Indebtedness in excess of $10,000 to any Person other than to Lender or to the extent specifically permitted by this Agreement Agreement, as required under the Merger Documents or any subsequent agreement between Borrower and Lender.

Appears in 3 contracts

Samples: Revolving Credit and Security Agreement (Millstream Acquisition Corp), Revolving Credit and Security Agreement (NationsHealth, Inc.), Credit and Security Agreement (Millstream Acquisition Corp)

Permitted Subordinated Debt. No Borrower shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or to the extent specifically permitted by this Agreement or any subsequent agreement between such Borrower and Lender.

Appears in 1 contract

Samples: Revolving Credit Agreement (Integrated Healthcare Holdings Inc)

Permitted Subordinated Debt. Borrower shall not make prepayments on any existing or future Indebtedness in excess of $10,000 to any Person other than to Lender or to the extent specifically permitted by this Agreement or any subsequent agreement between Borrower and Lender.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (NationsHealth, Inc.)

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Permitted Subordinated Debt. Borrower The Credit Parties shall not make prepayments on any existing or future Indebtedness to any Person other than to Lender or to the extent specifically permitted by this Agreement or any subsequent agreement between Borrower the Credit Parties and Lender.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Rita Medical Systems Inc)

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