Certain Payments Permitted. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities shall prevent the Company, at any time except during the pendency of any Proceeding referred to in Section 15.2 or under the conditions described in Section 15.3, from making Company Securities Payments.
Certain Payments Permitted. Notwithstanding the foregoing, except during any period when any Default shall have occurred and be continuing, the Creditor shall be entitled to receive and retain any payment in respect of Debt made by on or behalf of the Debtor to the Creditor.
Certain Payments Permitted. Notwithstanding the foregoing, the Manager Entity shall be entitled to receive and retain any payment of Management Fees either (i) permitted under Section 8.11 of the Credit Agreement or (ii) made after all Senior Debt shall have been paid in full and the Commitments of the Lenders under the Credit Agreement shall have expired or been terminated.
Certain Payments Permitted. Notwithstanding the foregoing, the -------------------------- Subordinated Lender shall be entitled to receive and retain any payment in respect of Affiliate Subordinated Indebtedness either (i) permitted under Sections 8.09(c) or (e) of the Credit Agreement or (ii) made after all Senior Debt shall have been paid in full and the Commitments of the Lenders under the Credit Agreement shall have expired or been terminated.
Certain Payments Permitted. Notwithstanding the foregoing, the Holder shall be entitled to receive and retain any payment in respect of Subordinated Debt and to undertake or prosecute any Enforcement Action if (i) none of the Loans shall have been declared to be due and payable (or cash collateral for LC Exposure shall have been demanded) pursuant to the last paragraph of Article IX of the Credit Agreement or (ii) all Senior Debt shall have been paid in full, all of the Commitments have expired or been terminated, all Letters of Credit shall have expired or terminated or shall have been defeased and all LC Disbursements outstanding at such time shall have been reimbursed.
Certain Payments Permitted. Nothing contained in this --------------------------- Article or elsewhere in this Indenture or in any of the Notes shall prevent the Company, at any time except during the pendency of any proceeding referred to in Section 14.02 or under the conditions described in Section 14.03, from making Notes Payments.
Certain Payments Permitted. Nothing contained in this Article or elsewhere in this Indenture or in any of the Securities or the Senior Subordinated Guarantees endorsed thereon shall prevent (a) the Company or any Guarantor, at any time except during the pendency of any Proceeding referred to in Section 1402 or under the conditions described in Section 1403, from making Securities Payments, or (b) the Company from meeting its obligations with respect to the Special Mandatory Redemption, any payments by the Company to the Holders of the Securities or the application by the Trustee of any funds from the Collateral Account or any other Collateral under the Collateral Agreement pursuant to the Special Mandatory Redemption.
Certain Payments Permitted. So long as no Potential Event of Default or Event of Default has occurred and is continuing, and only to the extent not prohibited by the provisions of any of the Loan Documents, Lenfxxx xxx from time to time receive from the Borrower or the Subsidiaries of the Borrower payments of the Lenfxxx Xxxt, provided, however, for the purpose of determining whether payments may be made under the Lenfxxx Xxxe only, no Event of Default shall be deemed to have occurred for purposes of this Section 3.02 if the only Event of Default is the cross-default to the Lenfxxx Xxxe and no other Event of Default or Potential Event of Default shall have then occurred and be continuing or would be caused thereby.
Certain Payments Permitted. So long as no Potential Event of Default or Event of Default has occurred and is continuing, and only to the extent not prohibited by the provisions of any of the Loan Documents, SPC may from time to time receive from the Borrower payments of principal of and interest on the SPC Debt.
Certain Payments Permitted. So long as no Potential Event of Default or Event of Default has occurred and is continuing, and only to the extent not prohibited by the provisions of any of the Loan Documents, the Subordinated Shareholders may from time to time receive from the Borrower or the Subsidiaries of the Borrower payments of the Subordinated Debt.