Common use of Contribution Indebtedness Clause in Contracts

Contribution Indebtedness. (s) Indebtedness, Disqualified Stock or Preferred Stock of Intermediate Holdings or any Restricted Subsidiary consisting of (x) the financing of insurance premiums or (y) take-or-pay obligations contained in supply arrangements, in each case, in the o...

Appears in 1 contract

Sources: First Lien Credit Agreement

Contribution Indebtedness. (s) Indebtedness, Disqualified Stock or Preferred Stock of Intermediate Holdings or any Restricted Subsidiary consisting of (x) the financing of insurance premiums or (y) take-or-pay obligations contained in supply arrangements, in each case, in the o...ordinary course of business;

Appears in 1 contract

Sources: Credit Agreement (Paya Holdings Inc.)