Payments of Indebtedness for Borrowed Money. Make any (i) voluntary or optional prepayment of any Indebtedness for Borrowed Money other than Borrowers' Obligations and payments made in the ordinary course of business with respect TO the Dealer Holdback Debt or (ii) any payments with respect to the Subordinated Debt, except as permitted pursuant to the Subordination Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc)
Payments of Indebtedness for Borrowed Money. Make any (i) voluntary or optional prepayment of any Indebtedness for Borrowed Money other than Borrowers' Obligations and payments made in the ordinary course of business with respect TO the Dealer Holdback Debt Borrower's Obligations, or (ii) any payments with respect to the Subordinated SAFE Debt, except as permitted pursuant to the SAFE Subordination Agreement.
Appears in 1 contract
Samples: Loan Agreement (Security Associates International Inc)
Payments of Indebtedness for Borrowed Money. Make any (i) voluntary or optional prepayment of any Indebtedness for Borrowed Money other than Borrowers' Obligations and payments made in the ordinary course of business with respect TO to the Dealer Holdback Debt or (ii) any payments with respect to the Subordinated Debt, except as permitted pursuant to the Subordination Agreement.
Appears in 1 contract
Samples: Loan Agreement (Security Associates International Inc)
