Payments on Indebtedness. No Loan Party shall make any payment or (p)repayment on, purchase, defease, redeem, pay, (p)repay, decrease or otherwise acquire or retire for value, any Indebtedness other than as expressly contemplated hereby and Indebtedness under the Notes in accordance with the provisions of this Agreement, except that outside of the continuance of an Event of Default, each Borrower and each other Loan Party may make (a) regular interest payments on Permitted Indebtedness in accordance with the provisions of the agreements related to such Permitted Indebtedness disclosed to the Purchasers prior to the date hereof, (b) scheduled principal repayments toward Permitted Indebtedness (other than the Jupiter Credit Facility) in accordance with the provisions of the agreements related to such Permitted Indebtedness disclosed to the Purchasers prior to the date hereof, and (c) such other payments of Indebtedness as consented to in writing by the Noteholder Representative. Notwithstanding the previous sentence, no Loan Party shall be permitted to make payment in respect of any shareholder loans, except if such payment is to another Loan Party that is not an Immaterial Subsidiary and no payments may be made toward Permitted Indebtedness if and to the extent such payments would, but for the passage of time, result in an Event of Default under any Loan Document.
Payments on Indebtedness. Borrower shall not make any principal payment on any indebtedness except: (a) indebtedness owing hereunder, under the Credit Agreement (Term Loan Funding), and under the Credit Agreement (Construction Loan Funding); and (b) so long as no Event of Default or Potential Default shall exist, other indebtedness permitted by Section 13.1 of this Agreement.
Payments on Indebtedness. 78 13.7 Merger; Acquisitions; Business Form; Etc .......78 13.8 Loans, Advances and Investments ................78 13.9 Transactions With Related Parties ..............78 13.10 ERISA .........................................78 13.11
Payments on Indebtedness. Pay all Indebtedness when due, including the principal amount of each Money Advance and accrued interest thereon, in accordance with the terms of this Agreement, whether by acceleration or otherwise. Furthermore, Borrower shall not have any Money Advances outstanding hereunder contrary to any provisions, limitations or restrictions hereof, including, but not limited to, any Money Advances in excess of the Line of Credit Loan Base which are not immediately repaid to HCA.
Payments on Indebtedness repayments, prepayments, repurchases, redemptions and other cash payments made by the Borrower Parties with respect to the principal of any Indebtedness (including principal representing capitalized interest) or the principal component of any Capitalized Lease Obligations of the Borrower Parties during such period (excluding voluntary and mandatory prepayments of Term Loans), including all premium, make-whole or penalty payments paid in cash (to the extent such payments are not expensed during such period or are not deducted in calculating Consolidated Net Income) and all repayments with respect to revolving Indebtedness to the extent accompanied by a corresponding reduction in commitments; plus
Payments on Indebtedness. 30 12.7 Change in Business Structure ..........................................................................30 12.8 Loans, Advances and Investments .......................................................................30 12.9 Transactions With Related Parties .....................................................................30 12.10 ERISA ................................................................................................30
Payments on Indebtedness. Any Issuer shall fail to pay when due any principal of or interest on any Indebtedness (other than the Indebtedness owing to Purchaser), which failure could reasonably be expected to have a Material Adverse Effect, or the maturity of any such Indebtedness shall have been accelerated, or any such Indebtedness shall have been required to be prepaid prior to the stated maturity thereof and such prepayment would have a Material Adverse Effect;
Payments on Indebtedness. Debtor shall fail to pay when due any principal of or interest on any Indebtedness or the maturity of any such Indebtedness shall have been accelerated, or any such Indebtedness shall have been required to be prepaid prior to the stated maturity thereof, or any event shall have occurred and shall continue uncured for twenty (20) days following notice provided by C3 via electronic mail to Debtor’s President, or as otherwise provided by Section 21(e), that permits (or, with the giving of notice or lapse of time or both, would permit) any holder or holders of such Indebtedness or any Person acting on behalf of such holder or holders to accelerate the maturity thereof or require any such prepayment;
Payments on Indebtedness. The Loan Parties will not, and will not permit any of their Subsidiaries to, declare or make, or agree to pay for or make, directly or indirectly, any payment of principal or interest or any purchase, redemption, retirement, acquisition or defeasance with respect to any Indebtedness of such Person under the Second Lien Credit Documents or any other Indebtedness which is subordinated to the payment of the Obligations except that the Company, or any Subsidiary may make payments with respect to the Second Lien Credit Documents to the extent permitted by Section 4.3 of the Intercreditor Agreement; provided, notwithstanding the foregoing, (x) the Loan Parties may make a voluntary prepayment with respect to the Second Lien Credit Documents on the Second Amendment Effective Date in connection with the occurrence of the Second Lien Satisfaction Date and (y) the Loan Parties may pay the Second Lien Deferred Exit Fee, in each case, so long as both before and after giving effect to such payment (calculated on a pro forma basis as if such payment had been made on the first day of the most recently ended Measurement Period for which financial statements are required to have been delivered pursuant to Section 6.1): (a) no Default or Event of Default shall exist, (b) Liquidity on the date of such payment and for each of the 30 days immediately preceding such payment shall be greater than or equal to $45,000,000, and (c) such payment is made only with cash on hand and not with the proceeds of Revolving Loans. Nothing contained in this Agreement (including, without limitation, this Section 7.13) shall be deemed to constitute a consent to any Change of Control.
Payments on Indebtedness. Other than the repayment of the Prepetition Secured Obligations, as provided in the DIP Order and consistent with the Approved Budget, an amount equal to $18,985,938 on the Facility Effective Date (of which approximately $2,352,459 is in repayment of the cash collateral of the Prepetition Secured Parties used by the Borrower since the Petition Date, and approximately $16,633,479 is in return of the Prepetition Secured Parties’ cash collateral), the Borrower shall not make any payment or prepayment of interest on, principal of, premium, if any, fees, redemption, conversion, exchange, purchase, retirement, defeasance, sinking fund or similar payment with respect to, any Indebtedness, except as permitted under this Agreement (including Section 9.2(b)). The Borrower shall not make any payment or incur any obligation that is not provided for in the Approved Budget (within the variances from budgeted amounts permitted by Section 7.23), other than with the prior written consent of the Agent.
