Payments of the Notes Sample Clauses

Payments of the Notes. Except for regularly scheduled payments of interest required pursuant to any of the Notes, as applicable, and the payment when due of the fees and expenses that are required to be paid in connection with any of the Notes, the Borrower will not purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for the purchase, redemption, retirement or other acquisition of or make any voluntary or involuntary payment or prepayment of the principal of or interest on, or any other amount owing in respect of, any of the Notes other than (i) to refinance any such Notes in full or in part with Indebtedness permitted under Section 6.01(c), (ii) to prepay any such Notes in full or in part with the proceeds of any issuance of Equity Interests, or (iii) to prepay any such Notes in full or in part using the proceeds of Loans (in an aggregate amount not to exceed, as applicable, the aggregate amount of cash proceeds received by the Borrower pursuant to the immediately preceding clauses (i) and/or (ii) but not applied to refinance any of the Notes) so long as (x) no Default or Event of Default shall have occurred or be continuing and (y) the Covered Debt Amount does not exceed 80% of the Borrowing Base calculated on a pro forma basis immediately after giving effect to such refinancing or prepayment.