Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Indebtedness.
Appears in 12 contracts
Samples: Credit Agreement (CNX Resources Corp), Credit Agreement (CNX Midstream Partners LP), Security Agreement (Pioneer Energy Services Corp)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments at any time of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 12 contracts
Samples: Credit Agreement (Papa Johns International Inc), Intercompany Subordination Agreement (Sl Industries Inc), Intercompany Subordination Agreement (Under Armour, Inc.)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 9 contracts
Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp), Credit Agreement (Foster L B Co), Credit Agreement (Foster L B Co)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the CompaniesCompany, at any time except during the pendency of any of the conditions described in Sections 23, 4 5 and 56, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Indebtedness, or the retention thereof by any of the Companies Company of any money deposited with them it for the payment of or on account of the principal of or interest on the Subordinated Indebtedness.
Appears in 4 contracts
Samples: Credit Agreement (Advanced Drainage Systems, Inc.), Intercompany Subordination Agreement (Advanced Drainage Systems, Inc.), Intercompany Subordination Agreement (Advanced Drainage Systems, Inc.)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time time, except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated IndebtednessIntercompany Debt, or the retention thereof by any of the Companies of any money deposited with them it for the payment regularly scheduled payments of or on account of the principal of or interest on the Subordinated IndebtednessIntercompany Debt.
Appears in 3 contracts
Samples: Subordination Agreement (Eagle Picher Holdings Inc), Subordination Agreement (Eagle Picher Technologies LLC), Subordination Agreement (Eagle Picher Holdings Inc)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, other than as provided in such Sections, from making the regularly scheduled payments at any time of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 2 contracts
Samples: Intercompany Subordination Agreement (Federated Investors Inc /Pa/), Intercompany Subordination Agreement (Federated Investors Inc /Pa/)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 2 and 54, from making the regularly scheduled payments at any time of principal of or of, interest on any portion of rent or other payment with respect to the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of of, interest on, rent or interest on other payment with respect to any Intercompany Indebtedness, so long as such Intercompany Indebtedness is permitted under the Subordinated IndebtednessCredit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (CALGON CARBON Corp), Credit Agreement (Calgon Carbon Corporation)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, Companies from making payments or prepayments at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 2 contracts
Samples: Term Loan Agreement (EveryWare Global, Inc.), Credit Agreement (Allegiant Travel CO)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time time, except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated IndebtednessDebt, or the retention thereof by any of the Companies of any money deposited with them it for the payment regularly scheduled payments of or on account of the principal of or interest on the Subordinated IndebtednessDebt.
Appears in 2 contracts
Samples: Subordination Agreement (Grubb & Ellis Co), Subordination Agreement (Grubb & Ellis Co)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, Companies at any time time, except during the pendency of any of the applicable conditions described in Sections Section 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Indebtedness.
Appears in 2 contracts
Samples: Intercreditor Agreement (Weatherford International PLC), Intercreditor Agreement (Weatherford International PLC)
Payment Permitted If No Default. Nothing contained in this Agreement ------------------------------- shall prevent any of the Companies, at any time time, except during the pendency of any of the conditions described in Sections 2, 4 and 55 hereof, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated IndebtednessDebt, or the retention thereof by any of the Companies of any money deposited with them it for the payment regularly scheduled payments of or on account of the principal of or interest on the Subordinated IndebtednessDebt.
Appears in 1 contract
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 23, 4 5 and 56, from making the regularly scheduled payments at any time of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money paid or deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 4, and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Indebtedness.money
Appears in 1 contract
Payment Permitted If No Default. Nothing contained in this ------------------------------- Agreement shall prevent any of the Companies, at any time time, except during the pendency of any of the conditions described in Sections 2, 4 and 55 hereof, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated IndebtednessDebt, or the retention thereof by any of the Companies of any money deposited with them it for the payment regularly scheduled payments of or on account of the principal of or interest on the Subordinated IndebtednessDebt.
Appears in 1 contract
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them it for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Koppers Holdings Inc.)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 55 hereof, from making the regularly scheduled payments of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 1 contract
Samples: Continuing Agreement (Ii-Vi Inc)
Payment Permitted If No Default. Nothing contained in this Agreement shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, from making the regularly scheduled payments at any time of principal of or interest on any portion of or other payments with respect to the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness or other payments due with respect to the Intercompany Indebtedness.
Appears in 1 contract
Payment Permitted If No Default. Nothing contained in this Agreement ------------------------------- shall prevent any of the Companies, at any time except during the pendency of any of the conditions described in Sections 2, 4 and 5, other than as provided in such Sections, from making the regularly scheduled payments at any time of principal of or interest on any portion of the Subordinated Intercompany Indebtedness, or the retention thereof by any of the Companies of any money deposited with them for the payment of or on account of the principal of or interest on the Subordinated Intercompany Indebtedness.
Appears in 1 contract
Samples: Intercompany Subordination Agreement (Federated Investors Inc /Pa/)
