Common use of Deferral of Subordinated Debt Clause in Contracts

Deferral of Subordinated Debt. Pay any Subordinated Debt of Borrower in advance of its stated maturity or, after a Default or Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay in advance of the stated maturity thereof any Subordinated Debt of Borrower in advance of its stated maturity the Company or, after if a Default or Event of Default under this Agreement has hereunder shall have occurred, make any payment of any kind thereafter on any such Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay any Subordinated Debt of any Borrower in advance of its stated maturity or, after a Default or Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of any Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay in advance of the stated maturity thereof any Subordinated Debt of Borrower in advance of its stated maturity the Borrowers or, after if a Default or Event of Default under this Agreement has hereunder shall have occurred, make any payment of any kind thereafter on any such Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. (a) Pay any Subordinated Debt of Borrower Borrowers in advance of its stated maturity ormaturity, except for prepayments in an aggregate amount not to exceed $75,000; or (b) after a Default or Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of Borrower Borrowers until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay Except if paid from Cash Flow, pay any Subordinated Debt of Borrower Borrower, if any, in advance of its stated maturity or, after a Default or an Event of Default under this Agreement has occurredoccurred which has not been be waived in writing by the Administrative Agent, or if an Event of Default would be caused by any such payment, make any payment of any kind on any Subordinated Debt of Borrower Borrower, until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay any Subordinated Debt of a Borrower in advance of its stated maturity or, after a Default or Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of a Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay any Subordinated Debt of Borrower in advance of its stated maturity or, after a Default or Event of Default under this Agreement has occurredoccurred with respect to Borrower, make any payment of any kind on any Subordinated Debt of Borrower until all of the Obligations of Borrower have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay Except if paid from Cash Flow, pay any Subordinated Debt of Borrower Borrower, if any, in advance of its stated maturity or, after a an Unmatured Default or Event of Default under this Agreement has occurredoccurred which has not been be waived in writing by the Administrative Agent, make any payment of any kind on any Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay any Subordinated Debt of Borrower Borrowers in advance of its stated maturity or, after a Default or Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of Borrower Borrowers until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay Except as permitted in the Subordination of Debt Agreement related thereto, pay any Subordinated Debt of Borrower in advance of its stated maturity or, after a Default or an Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.

Deferral of Subordinated Debt. Pay any Subordinated Debt of Borrower in advance of its stated maturity or, after a Default or Event of Default under this Agreement has occurred, make any payment of any kind on any Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired; or permit the outstanding principal balance of Subordinated Debt at any time to be more than 10% less than the outstanding principal balance of Subordinated Debt at the end of the last Calendar Quarter.

Deferral of Subordinated Debt. Pay in advance of the stated maturity thereof any Subordinated Debt of the Borrower in advance of its stated maturity or, after if a Default or Event of Default under this Agreement has hereunder shall have occurred, make any payment of any kind thereafter on any such Subordinated Debt of Borrower until all of the Obligations have been paid and performed in full and any applicable preference period has expired.