Payment of Other Indebtedness. The Borrower agrees to pay punctually the principal and interest due on any other indebtedness now or at any time owing by the Borrower to the Lender or any other lender.
Payment of Other Indebtedness. The Loan Parties shall prepay or discharge any Indebtedness prior to its maturity date except as expressly permitted hereunder.
Payment of Other Indebtedness. Default upon or fail to pay any of its other debts or obligations as the same mature.
Payment of Other Indebtedness. Pay when due (or within applicable grace periods) all Indebtedness due third Persons, except when the amount thereof is being contested in good faith by appropriate proceedings diligently conducted and with reserves in form and amount reasonably acceptable to the Agent therefor being set aside on the books of the Borrowers.
Payment of Other Indebtedness. Make (or give any notice with respect thereto) any voluntary or optional payment or prepayment or redemption or acquisition for value of (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, refinance or exchange of any Indebtedness of any Loan Party or any Subsidiary (other than (i) any of the foregoing payments or transactions relating to (x) Indebtedness arising under the Loan Documents, (y) any Permitted Senior Revolving Credit Indebtedness and (z) the repayment of all Indebtedness owing under the Existing Credit Agreement on the Funding Date, (ii) such payments or transactions that do not exceed an aggregate amount of $1,000,000 per fiscal year, (iii) Permitted Refinancings expressly permitted hereby and (iv) prepayments by the Borrower of Indebtedness permitted by Section 8.03(o); provided, that, with respect to this clause (iv), (x) the funds utilized by the Borrower for any such payments shall consist solely of (A) proceeds received from a substantially concurrent issuance of new Qualified Capital Stock of the Borrower and (B) not more than $1,750,000 of internally generated cash and Cash Equivalents of the Loan Parties and their Subsidiaries and (y) no proceeds of any Loans or any other Indebtedness shall be used for any such payments).
Payment of Other Indebtedness. (a) No member of the Transit Group shall pay any Indebtedness arising prior to the Filing Date other than (i) pursuant to the Motion of the Debtors Pursuant to Section 105(a) of the Bankruptcy Code for Authorization to Pay Prepetition Claims of Trade Vendors in form and substance reasonably satisfactory to the Administrative Agent and (ii) as permitted by orders of the Bankruptcy Court reasonably satisfactory in form and substance to the Administrative Agent and the Lenders.
(b) No member of the Transit Group shall prepay any Indebtedness, except for the Obligations in accordance with the terms of this Agreement or in connection with any mandatory prepayment provisions set forth in the Bond Support Credit Agreement as in effect on the date hereof.
Payment of Other Indebtedness. (a) No member of the TP&S Group shall pay any Indebtedness arising prior to the Filing Date other than (i) pursuant to the Motion of the Debtors Pursuant to Section 105(a) of the Bankruptcy Code for Authorization to Pay Prepetition Claims of Trade Vendors in form and substance reasonably satisfactory to the Administrative Agent and (ii) as permitted by orders of the Bankruptcy Court reasonably satisfactory in form and substance to the Administrative Agent and the Lenders.
(b) No member of the TP&S Group shall prepay any Indebtedness, except the Revolving Obligations in accordance with the terms of this Agreement.
Payment of Other Indebtedness. The Agent shall have received satisfactory evidence of the payment in full of all amounts owed Bank One, Texas, N.A. and certain other financial institutions under the provisions of that certain Credit Agreement dated as of July 17, 1997;
Payment of Other Indebtedness. Subject to Section 8.14 hereof, pay when due (or within applicable grace periods) all Indebtedness (for which the failure to pay would constitute an Event of Default under Section 9.1(e)) due third Persons, except when the amount thereof is being contested in good faith by appropriate proceedings diligently conducted and with reserves in form and amount reasonably acceptable to the Lender therefor being set aside on the books of the Borrower or the applicable Subsidiary.
Payment of Other Indebtedness. 53 8.14 Investment Banking and Finder's Fees...........................................................54 8.15 Maximum Capital Expenditures...................................................................54 8.16 Minimum TP&S Group EBITDA......................................................................54 8.17
