Common use of Payments of Indebtedness Clause in Contracts

Payments of Indebtedness. Parent and Borrower will not, and will not permit any of their Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness; provided that Parent and Borrower will not, and will not permit any of their Subsidiaries to acquire, repurchase, buy out, retire or prepay in whole or in part any of its outstanding Permitted Subordinated Debt.

Payments of Indebtedness. Parent and Borrower will not, and will not permit any of their its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) the Obligations and (ii) subject to any applicable terms of subordination, other Permitted Indebtedness; provided that Parent and Borrower will not, and will not permit any of their its Subsidiaries to acquire, repurchase, buy out, retire or prepay in whole or in part any of its outstanding Permitted Subordinated Debt.

Payments of Indebtedness. The Parent and the Borrower will not, and will not permit any of their Subsidiaries toSubsidiaries, make to make, directly or indirectly, any payments payment, prepayment or other distribution (whether in cash, securities or other property) of or in respect of principal of or interest on any Indebtedness Indebtedness, or any payment or other than distribution (i) whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the Obligations and (ii) subject to purchase, redemption, retirement, acquisition, cancellation or termination of any applicable terms of subordinationIndebtedness, other Permitted Indebtedness; provided that Parent and Borrower will not, and will not permit any of their Subsidiaries to acquire, repurchase, buy out, retire or prepay in whole or in part any of its outstanding Permitted Subordinated Debt.except: