Common use of Acquisition of Indebtedness Clause in Contracts

Acquisition of Indebtedness. Neither Parent nor any Subsidiary of Parent shall purchase, tender for or otherwise acquire, directly or indirectly, any interest in the outstanding Term Loan Obligations. Parent and Borrowers shall promptly cancel all Term Loan Obligations so acquired by such Loan Parties or any of their Subsidiaries or Affiliates, and no Term Loan Obligations may be issued in substitution or exchange for any such Term Loan Obligations.

Acquisition of Indebtedness. Neither Parent nor any Subsidiary of Parent shall purchase, tender for or otherwise acquire, directly or indirectly, any interest in the outstanding Term Revolving Loan Obligations. Parent and Borrowers shall promptly cancel all Term Revolving Loan Obligations so acquired by such Loan Parties or any of their Subsidiaries or Affiliates, and no Term Revolving Loan Obligations may be issued in substitution or exchange for any such Term Revolving Loan Obligations.