Permitted Senior Indebtedness

Permitted Senior Indebtedness. The Indebtedness described in clauses (ii) and (iv) of Permitted Indebtedness.

Permitted Senior Indebtedness. Shall mean any Company Indebtedness that ranks pari passu in bankruptcy to the Company Indebtedness evidenced by this Note and, other than restrictions contained in Acquisition Indebtedness that were not put in place in connection with or in anticipation of the acquisition, merger or consolidation giving rise to the incurrence of such Acquisition Indebtedness by the Company, that does not contractually prohibit the Company from making any payments to the Holder pursuant to this Note.

Permitted Senior Indebtedness. Means the Indebtedness specified in, and permitted by, clauses (ii) and (iii) of the definition of "Permitted Indebtedness."

Permitted Senior Indebtedness. Means: the principal of (and premium, if any), interest on, and all fees and other amounts (including, without limitation, any reasonable out-of-pocket costs, enforcement expenses (including reasonable out-of-pocket legal fees and disbursements), collateral protection expenses and other reimbursement or indemnity obligations relating thereto) payable by Company and/or its subsidiaries under or in connection with (i) the Company's and/or its subsidiaries existing term loans, equipment leases and... loans, and letters of credit, (ii) future working capital loans, including working capital revolving lines of credit, in an aggregate amount not exceeding $3,000,000 at any given time and letters of credit in an aggregate amount 21 not exceeding $1,000,000 at any given time and (iii) Indebtedness secured by Liens (A) upon or in any equipment acquired or held by the Company or any of its subsidiaries to secure the purchase price of such equipment or indebtedness incurred solely for the purpose of financing the acquisition or lease of such equipment, or (B) existing on such equipment at the time of its acquisition, provided that the Lien is confined solely to the property so acquired and improvements thereon, and the proceeds of such equipment. View More

Permitted Senior Indebtedness. Means any bank debt not to exceed $5,000,000, hereafter incurred by the Grantor or its affiliates.

Permitted Senior Indebtedness. That certain Credit and Security Agreement dated as of September 28, 2016, by and between Interpace Diagnostic Group, Inc., Interpace Diagnostics Corporation, Interpace Diagnostics LLC, as borrowers, and SCM Specialty Finance Opportunities Fund, L.P., as lender as in effect as of the Subscription Date, provided, however, that the aggregate outstanding principal amount of such Indebtedness permitted hereunder does not at any time exceed (x) if prior to the Release Date, $0.00 or (y) from and... after the Release Date, $1.2 million View More

Permitted Senior Indebtedness. Outstanding convertible promissory notes issued by the Company in an aggregate principal and accrued interest amount of $9,469,836.88 (which notes will be converted into shares of common stock of the Company immediately prior to the closing of the Merger)