Common use of Limitations on Voluntary Prepayments of Indebtedness Clause in Contracts

Limitations on Voluntary Prepayments of Indebtedness. The Company will not, and will not cause or permit any of its Subsidiaries to, directly or indirectly make any payment in violation of any subordination terms of any Indebtedness, other than the payment of Venezuelan Non-Recourse Indebtedness by any Subsidiary that is part of the Venezuelan Division.

Appears in 3 contracts

Samples: Loan Agreement (Gruma Sab De Cv), Loan Agreement (Gruma Sab De Cv), Loan Agreement (Gruma Sab De Cv)

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Limitations on Voluntary Prepayments of Indebtedness. The Company will not, and will not cause or permit any of its Subsidiaries to, directly or indirectly (a) make any Optional Other Prepayment of Indebtedness other than Optional Other Prepayments for which a mandatory prepayment is made pursuant to Section 2.05(i) (Mandatory Prepayments), if applicable, or (b) make any payment in violation of any subordination terms of any Indebtedness, other than the payment of Venezuelan Non-Recourse Indebtedness by any Subsidiary that is part of the Venezuelan Division.

Appears in 1 contract

Samples: Senior Secured Loan Agreement (Gruma Sab De Cv)

Limitations on Voluntary Prepayments of Indebtedness. The Company will not, and will not cause or permit any of its Subsidiaries to, directly or indirectly (a) make any Optional Other Prepayment of Indebtedness other than Optional Other Prepayments for which a mandatory prepayment is made pursuant to Section 2.05(i) (Mandatory Prepayments) if applicable, or (b) make any payment in violation of any subordination terms of any Indebtedness, other than the payment of Venezuelan Non-Recourse Indebtedness by any Subsidiary that is part of the Venezuelan Division.

Appears in 1 contract

Samples: Senior Secured Loan Agreement (Gruma Sab De Cv)

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Limitations on Voluntary Prepayments of Indebtedness. The Company will not, and will not cause or permit any of its Subsidiaries to, directly or indirectly and will not cause or permit any of its Subsidiaries to, directly or indirectly (a) make any Optional Other Prepayment of Indebtedness other than Optional Other Prepayments for which a mandatory prepayment is made pursuant to Section 2.05(i) (Mandatory Prepayments), if applicable, or (b) make any payment in violation of any subordination terms of any Indebtedness, other than the payment of Venezuelan Non-Recourse Indebtedness by any Subsidiary that is part of the Venezuelan Division.

Appears in 1 contract

Samples: Loan Agreement (Gruma Sab De Cv)

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