Common use of Mandatory Repurchase Clause in Contracts

Mandatory Repurchase. Borrower, Parent or any Significant Subsidiary shall have been required to prepay or repurchase, prior to the stated maturity thereof, such Extension of Credit in accordance with the provisions of any indenture, contract or instrument evidencing, providing for the creation of or otherwise concerning such Extension of Credit.

Mandatory Repurchase. Borrower, Parent or any Significant Subsidiary shall have been required to prepay or repurchase, prior to the stated state maturity thereof, such Extension of Credit in accordance with the provisions of any indenture, contract or instrument evidencingevidence, providing for the creation of or otherwise concerning such Extension of Credit.