Payments of Subordinated Indebtedness. Make any prepayment of any principal, interest or other amounts owed in respect of any Subordinated Indebtedness, if (i) a Default has occurred and is continuing or would exist after giving effect to such prepayment or (ii) the Guarantor or any Borrower would not be in compliance, on a pro forma basis after giving effect to such prepayment, with the covenants contained in Section 6.1(a) and (c).
Payments of Subordinated Indebtedness. Until all of the Senior Indebtedness has been Finally Paid, Borrower shall not make and Subordinated Lender shall not accept any direct or indirect payment or prepayment in cash, property or securities, by set-off or otherwise, with respect to any Subordinated Indebtedness. 6.
Payments of Subordinated Indebtedness. 89 9.08 Change in Fiscal Year .......................................................................................... 89 9.09 Sales of Assets, Etc. ............................................................................................. 89
Payments of Subordinated Indebtedness. Borrower may make regularly scheduled payments of interest in respect of the Subordinated Notes in accordance with terms of, and only to the extent required by, and subject to the subordination provisions contained in, the Subordinated Note Indenture."
Payments of Subordinated Indebtedness. Make any prepayment of any principal, interest or other amounts owed in respect of any Subordinated Indebtedness, provided that the Borrower may (i) cash settle conversions of the Subordinated Notes to the extent required pursuant to the Subordinated Notes Indenture as in effect on the date hereof, (ii) refinance the Subordinated Notes with the Net Cash Proceeds of or in exchange for the issuance of (x) Capital Stock (other than mandatorily redeemable preferred Capital Stock with a scheduled mandatory redemption prior to March 15, 2015) of the Borrower or (y) any Subordinated Indebtedness with a maturity date that is not earlier than March 15, 2015 and (iii) refinance any Subordinated Indebtedness (other than the Subordinated Notes) with the Net Cash Proceeds of the issuance of Capital Stock (other than mandatorily redeemable preferred Capital Stock with a scheduled mandatory redemption prior to the maturity date of the Subordinated Indebtedness that is refinanced) of the Borrower or other Subordinated Indebtedness.
Payments of Subordinated Indebtedness. Other than Subordinated Indebtedness subject to the Global Intercompany Subordinated Note, no Loan Party shall make any payments on behalf of such Subordinated Indebtedness if an Event of Default has occurred and is continuing. With respect to Subordinated Indebtedness subject to the Global Intercompany Subordinated Note, no Loan Party shall make any payments on behalf of such Subordinated Indebtedness if: (i) an Event of Default pursuant to Section 9.1 (d) or (e) hereof has occurred and is continuing, or (ii) an Event of Default pursuant to any other subsection of Section 9.1 hereof has occurred and is continuing and Agent (at the direction of the Required Lenders) has provided Borrower with a written notice that such payments are prohibited.
Payments of Subordinated Indebtedness. Pay, prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled payment thereof any Subordinated Indebtedness; provided, however, that so long as no Default or Event of Default exists at the time of such proposed prepayment or would result therefrom, Borrowers may pay or prepay the Permitted Subordinated Indebtedness to the extent permitted by the respective subordination agreements related thereto; provided, further, however, that with respect to any payments of principal of the Alliance Subordinated Indebtedness only (other than payments from the proceeds of Equity Securities in accordance with the final proviso in Section 2.07(c)(v) hereof), the Borrowers shall have made, or shall concurrently make, the mandatory prepayment required by Section 2.07(c)(vi)).
Payments of Subordinated Indebtedness. Pay, prepay, redeem, purchase, defease or otherwise satisfy in any manner prior to the scheduled payment thereof any Subordinated Indebtedness; provided, however, that so long as no Default or Event of Default exists at the time of such proposed prepayment or would result therefrom, the Borrowers may pay or prepay the Permitted Subordinated Indebtedness to the extent permitted by the subordination agreement related thereto.
Payments of Subordinated Indebtedness. Such Obligor will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Subordinated Indebtedness other than as permitted by any subordination agreement with Administrative Agent entered into in connection therewith.
Payments of Subordinated Indebtedness. The Loan Parties shall not make any voluntary or optional prepayment of any Indebtedness other than the Obligations and Senior Indebtedness.
