Common use of Payment of Certain Other Agreements Clause in Contracts

Payment of Certain Other Agreements. The payment directly or indirectly (including, without limitation, any payment in respect of any sinking fund, defeasance, redemption, or payment of any dividend or distribution) by any Loan Party or any Subsidiary thereof of any amount of the Communications Bond Debt, any Subordinated Debt, any Exchange Debenture, or the Preferred Stock in a manner or at a time during which such payment is not permitted under the terms of the Loan Documents, the Exchange Debenture Indenture, the Certificate of Designation for any Preferred Stock, or under any instrument or document evidencing or creating the Communications Bond Debt or Subordinated Debt, including, without limitation, any subordination provisions set forth therein.

Payment of Certain Other Agreements. The payment directly or indirectly (including, without limitation, any payment in respect of any sinking fund, defeasance, redemption, or payment of any dividend or distribution) by any Loan Party Company or any Subsidiary thereof Guarantor of any amount of the Communications Bond Debt, any Subordinated Debt, any Exchange Debenture, or the Preferred Stock in a manner or at a time during which such payment is not permitted under the terms of the Loan DocumentsPapers, the Exchange Debenture Indenture, the Certificate of Designation for any the Preferred Stock, or under any instrument or document evidencing or creating the Communications Bond Debt or Subordinated Debt, including, without limitation, any subordination provisions set forth therein.