Deferral of Subordinated Debt. Pay in advance of the stated ----------------------------- maturity thereof any Subordinated Debt of the Company or, if an Event of Default hereunder shall have occurred, make any payment of any kind thereafter on such Subordinated Debt until all obligations of the Company hereunder and under the Note have been paid and performed in full.
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Samples: Revolving Credit and Security Agreement (Preferred Credit Corp), Credit and Security Agreement (Preferred Credit Corp)
Deferral of Subordinated Debt. Pay in advance of the stated ----------------------------- maturity thereof any Subordinated Debt of the Company or, if an Event of Default hereunder shall have occurred, make any payment of any kind thereafter on such Subordinated Debt until all obligations of the Company hereunder and under the Note Notes have been paid and performed in full.
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Samples: Warehousing Credit and Security Agreement (PMCC Financial Corp)
Deferral of Subordinated Debt. Pay in advance of the stated ----------------------------- maturity thereof any Subordinated Debt of the Company Borrowers or, if an a Default or Event of Default hereunder shall have occurred, make any payment of any kind thereafter on such Subordinated Debt until all obligations of the Company hereunder and under the Note Obligations have been paid and performed in fullfull and any applicable preference period has expired.
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Samples: Warehousing Credit and Security Agreement (Novastar Financial Inc)
Deferral of Subordinated Debt. Pay in advance of the stated ----------------------------- maturity thereof any Subordinated Debt of the Company or, to the lender thereof and if an Event of Default hereunder shall have occurredoccurred and be continuing, make any payment of any kind thereafter on such Subordinated Debt until all obligations of the Company hereunder and under the Note Notes have been paid and performed in full.. This does not prohibit the payment of interest and principal on Subordinated Debt provided the following conditions are satisfied:
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