No Prepayment of Subordinated Debt. The Borrower will not, and will not permit any of its Subsidiaries to,
No Prepayment of Subordinated Debt. Except as otherwise permitted by clause (v) of Section 7.2.2 or clauses (b) and (d) of Section 7.2.6, Holdings and the Borrowers will not, and will not permit any of their respective Subsidiaries to, (i) make any payment or prepayment of principal of, or premium or interest on, any Subordinated Debt (A) other than the stated, scheduled payment of principal or interest set forth in the applicable Other Debt Documents related to such Indebtedness, or (B) which would violate the terms of this Agreement or the applicable Other Debt Documents related to such Indebtedness, (ii) redeem, retire, purchase, defease or otherwise acquire any Subordinated Debt, or (iii) make any deposit (including the payment of amounts into a sinking fund or other similar fund) for any of the foregoing purposes.
No Prepayment of Subordinated Debt. Holdings and each Borrower will not, and will not permit any of their respective Subsidiaries to,
No Prepayment of Subordinated Debt. The Borrower will not, and will not permit any of its Subsidiaries to, (i) make any payment or prepayment or other distribution (whether in cash or other property) of principal of, or premium or interest on, any Subordinated Debt; (ii) cancel, redeem, retire, purchase, defease, terminate or otherwise acquire any Subordinated Debt; or (iii) make any deposit (including the payment of amounts into a sinking fund or other similar fund) for any of the foregoing purposes, except:
No Prepayment of Subordinated Debt. Holdings and Borrower shall not, and shall not permit any of their respective Subsidiaries to, (i) make any payment or prepayment of principal of, or premium or interest on, any New Notes, Permitted Seller Notes and Qualifying Subordinated Debt (A) other than the stated, scheduled payment of interest set forth in the applicable Subordinated Debt Documents or (B) which would violate the terms of this Agreement or the applicable Subordinated Debt Documents, (ii) redeem, retire, purchase, defease or otherwise acquire any Subordinated Debt, or (iii) make any deposit (including the payment of amounts into a sinking fund or other similar fund) for any of the foregoing purposes.
No Prepayment of Subordinated Debt. Subject to the last sentence of this Section, the Borrower will not, and will not permit any of its Restricted Subsidiaries to,
No Prepayment of Subordinated Debt. Prepay any debt subordinated to Borrower's indebtedness to Agent and Lenders under the Loan Documents.
No Prepayment of Subordinated Debt. Unless (x) the Leverage Ratio shall be equal to or less than 3.50:1, as set forth in the most recent Compliance Certificate delivered in accordance with Section 7.1.1(c) or (y) irrespective of whether the preceding clause (x) is applicable, an Investment Grade Period shall have commenced at any time following the Restatement Effective Date (irrespective of whether such Investment Grade Period shall have ended), the Borrower will not, and will not permit any of its Subsidiaries to, (i) make any payment or prepayment or other distribution (whether in cash or other property) of principal of, or premium or interest on, any Subordinated Debt; (ii) cancel, redeem, retire, purchase, defease, terminate or otherwise acquire any Subordinated Debt; or (iii) make any deposit (including the payment of amounts into a sinking fund or other similar fund) for any of the foregoing purposes, except:
No Prepayment of Subordinated Debt. Except as otherwise permitted by clause (b) of Section 7.2.6, Holdings and the Borrower will not, and will not permit any of their respective Subsidiaries to, (i) make any payment or prepayment of principal of, or premium or interest on, any Subordinated Debt (A) other than the stated, scheduled payment of principal or interest set forth in the applicable Other Debt Documents related to such Indebtedness, or (B) which would violate the terms of this Agreement or the applicable Other Debt Documents related to such Indebtedness, (ii) redeem, retire, purchase, defease or otherwise acquire any Subordinated Debt (except with proceeds from the escrow described in clause (q) of Section 7.2.3), or (iii) make any deposit (including the payment of amounts into a sinking fund or other similar fund) for any of the foregoing purposes (except with proceeds from the escrow described in clause (q) of Section 7.2.3).
No Prepayment of Subordinated Debt. The Borrower will not, and will not permit any of its Subsidiaries to, except with Net Equity Proceeds available to it after application pursuant to Section 3.1.1(d),
