Common use of Payments of Indebtedness for Borrowed Money Clause in Contracts

Payments of Indebtedness for Borrowed Money. Make any voluntary or optional prepayment of any Indebtedness for Borrowed Money other than Permitted Senior Indebtedness and Borrower's Obligations and payments made in the ordinary course of business with respect to the Dealer Holdback Debt.

Appears in 3 contracts

Samples: Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)

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Payments of Indebtedness for Borrowed Money. Make any voluntary or optional prepayment of any Indebtedness for Borrowed Money other than Permitted Senior Indebtedness and Borrower's Obligations and payments made in the ordinary course of business with respect to the Dealer Holdback DebtObligations.

Appears in 2 contracts

Samples: Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)

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