Common use of Payment on Permitted Subordinated Debt Clause in Contracts

Payment on Permitted Subordinated Debt. Except as permitted by the Subordination Agreement relating to such Permitted Subordinated Debt, Borrower shall not (i) make any prepayment of any part or all of any Permitted Subordinated Debt, (ii) repurchase, redeem or retire any instrument evidencing any such Permitted Subordinated Debt prior to maturity, or (iii) enter into any agreement (oral or written) which could in any way be construed to amend, modify, alter or terminate any one or more instruments or agreements evidencing or relating to any Permitted Subordinated Debt in a manner adverse to Lender, as determined by Lender in its sole discretion.

Payment on Permitted Subordinated Debt. Except as Borrower shall not, unless expressly permitted by under the Subordination Agreement relating to such Permitted Subordinated DebtAgreements, Borrower shall not (i) make any prepayment of any part or all of any Permitted Subordinated Debt, (ii) repurchase, redeem or retire any instrument evidencing any such Permitted Subordinated Debt prior to maturity, or (iii) enter into any agreement (oral or written) which could in any way be construed to amend, modify, alter or terminate any one or more instruments or agreements evidencing or relating to any Permitted Subordinated Debt in a manner adverse to LenderDebenture Holder, as determined by Lender Debenture Holder in its sole discretion.

Payment on Permitted Subordinated Debt. Except as permitted by the Subordination Agreement relating to such Permitted Subordinated Debt, Borrower shall not (i) make any prepayment payment of any part or all of any Permitted Subordinated DebtDebt (interest, principal or otherwise), except to the extent permitted by the applicable Subordination Agreement, (ii) repurchase, redeem or retire any instrument evidencing any such Permitted Subordinated Debt prior to maturity, or (iii) enter into any agreement (oral or written) which could in any way be construed to amend, modify, alter or terminate any one or more instruments or agreements evidencing or relating to any Permitted Subordinated Debt in a manner adverse to Lender, as determined by Lender in its sole discretionPermitted Discretion, unless Lender is also party thereto.