Common use of Payments on Indebtedness Clause in Contracts

Payments on Indebtedness. Borrower shall not make any principal payment (including without limitation any prepayment) on any indebtedness except indebtedness owing to CoBank under the Loan Documents and, so long as no Event of Default or Potential Default shall exist, indebtedness not prohibited by Section 12.1 of this Agreement.

Payments on Indebtedness. Borrower shall not make any principal payment (including without limitation any prepayment) on any indebtedness except except: (a) indebtedness owing to CoBank hereunder, under the Credit Agreement (Term Loan Documents andFunding), and under the Credit Agreement (Construction Loan Funding); and (b) so long as no Event of Default or Potential Default shall exist, other indebtedness not prohibited permitted by Section 12.1 13.1 of this Agreement.

Payments on Indebtedness. Borrower shall not make any principal payment (including without limitation any prepayment) on any indebtedness except except: (a) indebtedness owing to CoBank hereunder, under the Credit Agreement (Line of Credit Facility), and under the Credit Agreement (Term Loan Documents andFunding); and (b), so long as no Event of Default or Potential Default shall exist, other indebtedness not prohibited permitted by Section 12.1 13.1 of this Construction Credit Agreement.

Payments on Indebtedness. Borrower shall not make any principal payment (including without limitation any prepayment) on any indebtedness except except: (a) indebtedness owing to CoBank hereunder, under the Credit Agreement (Line of Credit Facility), and under the Credit Agreement (Construction Loan Documents and, Funding); and (b) so long as no Event of Default or Potential Default shall exist, other indebtedness not prohibited permitted by Section 12.1 13.1 of this Term Credit Agreement.