Common use of Incurrence of Indebtedness and Issuance of Disqualified Stock Clause in Contracts

Incurrence of Indebtedness and Issuance of Disqualified Stock. The Company and any Guarantor or Restricted Subsidiary shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness, and the Company and any Guarantor or Restricted Subsidiary shall not issue any Disqualified Stock; provided however, that the Company and any Guarantor or Restricted Subsidiary may incur Permitted Indebtedness or issue Permitted Disqualified Stock.

Appears in 3 contracts

Sources: Note Issuance Agreement (Appgate, Inc.), Note Issuance Agreement (Appgate, Inc.), Note Issuance Agreement (Appgate, Inc.)

Incurrence of Indebtedness and Issuance of Disqualified Stock. The Company Borrower and any Guarantor or Restricted Subsidiary shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness, and the Company Borrower and any Guarantor or Restricted Subsidiary shall not issue any Disqualified Stock; provided however, that the Company Borrower and any Guarantor or Restricted Subsidiary may incur Permitted Indebtedness or issue Permitted Disqualified Stock.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Appgate, Inc.), Revolving Credit Agreement (Appgate, Inc.)

Incurrence of Indebtedness and Issuance of Disqualified Stock. The Company Borrower and any Guarantor or Restricted Subsidiary shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness, and the Company Borrower and any Guarantor or Restricted Subsidiary shall not issue any Disqualified Stock; provided however, that the Company Borrower and any Guarantor or Restricted Subsidiary may incur Permitted Indebtedness or issue Permitted Disqualified Stock.issue

Appears in 1 contract

Sources: Revolving Credit Agreement and Pledge and Security Agreement (Appgate, Inc.)

Incurrence of Indebtedness and Issuance of Disqualified Stock. The Company and any Guarantor or Restricted Subsidiary shall not, directly or indirectly, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness, and the Company and any Guarantor or Restricted Subsidiary shall not issue any Disqualified Stock; provided however, that the Company and any Guarantor or Restricted Subsidiary may incur Permitted Indebtedness or issue Permitted Disqualified Stock.that

Appears in 1 contract

Sources: Note Issuance Agreement (Appgate, Inc.)