Credit Extensions; Prepayments. No Borrower shall (i) make any prepayments or advance payments in respect of the Indebtedness except as expressly allowed hereunder and under the other Loan Documents, (ii) loan any money to, assume any Indebtedness of or any other obligation of, or undertake any Guaranty Obligations with respect to the Indebtedness of, any other Person, except:
Appears in 3 contracts
Samples: Loan and Security Agreement (Peak Resorts Inc), Loan and Security Agreement (Peak Resorts Inc), Facility, Loan and Security Agreement (Peak Resorts Inc)
Credit Extensions; Prepayments. No Borrower shall (i) make any prepayments or advance payments in respect of Indebtedness to others (except to the Indebtedness except as expressly allowed hereunder and under the other Loan Documents, Lender in accordance with this Agreement) or (ii) loan any money to, assume any Indebtedness of or any other obligation of, or undertake any Guaranty Obligations with respect to the Indebtedness of, any other Person, except:
Appears in 3 contracts
Samples: Option Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc)
Credit Extensions; Prepayments. No Borrower shall (i) make any prepayments or advance payments in respect of the Indebtedness to others (except as expressly allowed hereunder to Lender or any Affiliate of Lender, and under the other Loan Documents, then only in accordance with applicable agreements in respect of such Indebtedness) or (ii) 29 CORE/0503816.0513/125525037.8 loan any money to, assume any Indebtedness of or any other obligation of, or undertake any Guaranty Obligations with respect to the Indebtedness of, any other Person, except:
Appears in 1 contract
Samples: Master Credit and Security Agreement (Peak Resorts Inc)
