LIMITATION ON PREPAYMENTS. The Borrower may not prepay all or any part of the Principal Outstanding except in accordance with this Agreement.
LIMITATION ON PREPAYMENTS. The Trustee may not, and the Manager must not direct the Trustee to, prepay all or any part of the Redraw Principal Outstanding except as set out in this agreement and in accordance with the Supplementary Terms Notice and the Security Trust Deed. Redraw Facility Agreement Allens Xxxxxx Xxxxxxxx --------------------------------------------------------------------------------
LIMITATION ON PREPAYMENTS. The Trustee may not, and the Manager must not direct the Trustee to, prepay all or any part of the Redraw Principal Outstanding except as set out in this agreement and in accordance with the Supplementary Terms Notice and the Security Trust Deed.
LIMITATION ON PREPAYMENTS. The Trustee may not prepay all or any part of the Liquidity Outstandings except as set out in this agreement.
LIMITATION ON PREPAYMENTS. Make or commit to make any prepayment or voluntary redemptions of any Indebtedness except prepayments of any amounts payable hereunder and permitted to be paid hereby, provided, however, that Borrower may refinance any such Indebtedness if the Indebtedness created in such refinancing transaction has a weighted average life to maturity not less than the Indebtedness refinanced. .
LIMITATION ON PREPAYMENTS. All prepayments referred to in Clause 14.2 (Excess Proceeds and Insurance Proceeds) are subject to permissibility under local law (including financial assistance, corporate benefit restrictions on upstreaming of cash intra-Restricted Group and the fiduciary and statutory duties of the directors of the relevant members of the Restricted Group). There will be no requirement to make any such prepayment where the tax cost to the Restricted Group of making that payment or making funds available to another member of the Restricted Group to enable such prepayment to be made is disproportionate to the amount to be prepaid (where the cost exceeds 5% of the amount). The Restricted Group will use its reasonable endeavours to overcome any restrictions and/or minimise any costs of prepayment pending which an amount equal to that which would otherwise have been prepaid shall be paid into a blocked account, secured in favour of the Security Trustee. If at any time those restrictions are removed, any relevant proceeds will be applied in prepayment and cancellation of the Facilities at the end of the next Interest Period.
LIMITATION ON PREPAYMENTS. Except as expressly permitted or required pursuant to Section 8.07 of this Agreement, the Borrower shall not prepay, repurchase or otherwise defease any of its Indebtedness, and the Borrower shall not, and shall not suffer or permit any Subsidiary to:
LIMITATION ON PREPAYMENTS. 46 (h) Transactions With Affiliates..........................................................46 (i) Dividends; Distributions..............................................................46 (j) Change in Lines of Business...........................................................46
LIMITATION ON PREPAYMENTS. AND MODIFICATIONS OF INDEBTEDNESS; MODIFICATIONS OF CERTIFICATE OF INCORPORATION, BY-
LIMITATION ON PREPAYMENTS. The prepayments of the Loans pursuant to Sections 2.14(a) through 2.14(e) shall be subject to (i) permissibility under local law relating to financial assistance, corporate benefit, restrictions on upstreaming of cash intra-group and the fiduciary and statutory duties of the directors of Borrower or its applicable Subsidiary (a "RESTRICTION"). Further, there will be no requirement to make any such prepayment where Borrower, any of its Subsidiaries or any of their Affiliates can demonstrate to the Lenders that it would incur a material Tax liability by doing so. The non-application and nonpayment of any prepayment amounts pursuant to Sections 2.14(a) through (e) as a consequence of this Section 2.14(g) will not, for the avoidance of doubt, constitute an Event of Default or constitute unpaid amounts under this Agreement, and such pre-payment amounts shall be available for working capital purposes of Borrower and its Subsidiaries as long as not required to be prepaid in accordance with the following provisions. Borrower and the Guarantors will use and shall procure that any of their Subsidiaries will use all commercially reasonable efforts to overcome or eliminate any Restrictions and/or minimize any such costs of prepayment and/or use the other Cash resources of Borrower and its Subsidiaries (subject to the considerations above and excluding any cash resources required to make scheduled payments of principal, interest or fees hereunder) to make the relevant prepayment. If at any time within one year of a prepayment being forgiven due to a Restriction, such Restriction is removed, any relevant proceeds not used for working capital purposes as permitted pursuant to this Section 2.14(g) will at the end of the then current Interest Period (or, to the extent Base Rate Loans are then outstanding which are to be prepaid with such proceeds, within three Business Days of the removal of such Restriction) be applied in accordance with the applicable prepayment provision above (net of any reasonable costs, expenses or taxes incurred by Borrower and its Subsidiaries or any of their Affiliates and arising exclusively as a result of compliance with the preceding sentence, and Borrower and its Subsidiaries shall be permitted to make, directly or indirectly, a dividend or distribution to its Affiliates in an amount sufficient to cover such tax liability, costs or expenses).
