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 (d) 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. 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 Default or Event Default shall have occurred and be continuing under the Credit Agreement and provided that the Credit Parties shall have paid all amounts then due and owing to the Senior Priority Lenders under the Credit Agreement, the Senior Priority Lenders and the Collateral Agent consent to the payment by the Credit Parties of amounts then due and owing to the Tranche A Lenders under the Credit Agreement.
Certain Payments Permitted. Notwithstanding the foregoing or anything else to the contrary contained herein the Subordinating Party shall be entitled to receive and retain any payment in respect of Subordinated Debt and to undertake or prosecute any Enforcement Action (i) so long as no Default or Event of Default has occurred and is continuing or (ii) if all Senior Debt shall have been paid in full and all Commitments shall have expired or been terminated.
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 Insolvency Proceeding referred to in Section 13.02 or under the conditions described in Section 13.03, from making Securities Payments.
Certain Payments Permitted. The Subordinated Lender may from time to time (to the extent not prohibited by the provisions of any of the Senior Credit Agreements) (a) so long as no Default under the Credit Agreement or Event of Default under the Master Surety Agreement has occurred and is continuing and no such Default or Event of Default would result therefrom, receive from AWT (i) payments of interest on or in respect of the Subordinated Obligations and (ii) payments in consideration for the delivery of the Comfort letter in accordance with Section 4.10 of the Credit Agreement, (b) so long as (i) no Event of Default under the Master Surety Agreement has occurred and is continuing and (ii) all Senior Obligations owing to the Senior Bank Lenders have been paid in full and all Commitments (as defined in the Credit Agreement) of the Senior Bank Lenders shall have been terminated, receive from AWT all payments of or in respect of the Subordinated Obligations then due and payable pursuant to the terms of such Subordinated Obligations (including without limitation payments of principal) and (c) upon or after the waiver or cure of any such Default or Event of Default in accordance with the provisions of the Credit Agreement and the Master Surety Agreement, receive from AWT (i) any payments of interest on or in respect of the Subordinated Obligations, (ii) any payments in consideration for the delivery of the Comfort Letter and (iii) so long as all Senior Obligations owing to the Senior Bank Lenders have been paid in full and all Commitments of the Senior Bank Lenders shall have been terminated, any other payments in respect of the Subordinated Obligations (including without limitation payments of principal), in each case, previously deferred upon the occurrence or during the continuance of such Default or Event of Default, as the case may be.
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.
