Common use of Incurrence of Additional Debt Clause in Contracts

Incurrence of Additional Debt. Borrower shall not create, incur, assume or suffer to exist any additional Debt, direct or indirect, without the prior written consent of Lender.

Appears in 1 contract

Sources: Term Loan and Security Agreement (SRAX, Inc.)

Incurrence of Additional Debt. Except for indebtedness (including, without limitation, revolving lines of credit) existing as of the date of this Agreement, Borrower shall not create, incur, assume or suffer to exist any additional Debt, direct or indirect, without the prior written consent of Lender.

Appears in 1 contract

Sources: Loan and Security Agreement (Isun, Inc.)