Company: LPSN
Filing Date: 2025-09-15
Form Type: DEFA14A
Source: 0001102993-25-000156
Chunk: 45

Company: LIVEPERSON INC
Filing Date: 2025-09-15
Form: DEFA14A
Chunk 45
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; provided, that the amount of the Investments described on such Schedule is not increased (except as permitted pursuant to any clause of the definition of “Permitted Investments” other than this clause (c)); and (d) other Investments in an aggregate outstanding amount not to exceed $1,000,000. “Permitted Liens” means: (a) Liens in existence on Original Issue Date and listed on Schedule 4.11; provided, that (i) no such Lien is spread to cover any additional property after the Original Issue Date other than (A) after-acquired property that is affixed or incorporated into the property covered by such Lien and (B) proceeds and products thereof, (ii) the amount of any Indebtedness secured thereby is not increased (except as permitted pursuant to Section 4.10), (iii) the direct or contingent obligor with respect thereto is not changed and (iv) any renewal or extension of any Indebtedness secured thereby is permitted by Section 4.10; (b) Liens created pursuant to the Security Agreement and the other Security Documents and other Liens in favor of the Collateral Agent; (c) Liens securing (x) Indebtedness permitted pursuant to clause (b), and (y) Junior Indebtedness permitted pursuant to clause (c), in each case, of the definition of “Permitted Indebtedness”, subject at all times to the Intercreditor Agreements; (d) Liens in favor of a banking or other financial institution arising as a matter of law or in the ordinary course of business under customary general terms and conditions encumbering deposits or other funds maintained with a financial institution (including the right of set-off) and 21 that are within the general parameters customary in the banking industry or arising pursuant to such banking institution’s general terms and conditions; (e) Liens (i) arising by operation of law (or by agreement to the same effect) in the ordinary course of business and consistent with past practice, securing or arising by reason of any netting or set-off arrangement entered into in the ordinary course of banking or other trading activities, (ii) in favor of the Company or any Subsidiary (other than Liens on property or assets of the Company or any Subsidiary Guarantor in favor of any Subsidiary that is not a Subsidiary Guarantor), (iii) arising out of conditional sale, title retention, consignment or