Common use of Payments on Indebtedness Clause in Contracts

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. Borrower shall not make any principal payment on any indebtedness except: (a) indebtedness owing hereunder, under the Credit Agreement (Term Loan FundingLine of Credit Facility), and under the Credit Agreement (Construction Term 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 Construction Credit Agreement.

Payments on Indebtedness. Borrower shall not make any principal payment on any indebtedness except: (a) indebtedness owing hereunder, under the Credit Agreement (Term Loan FundingLine of Credit Facility), 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 Term Credit Agreement.

Payments on Indebtedness. Borrower shall not make any principal payment (including without limitation any prepayment) on any indebtedness except: (a) except indebtedness owing hereunder, to CoBank under the Credit Agreement (Term Loan Funding)Documents and, 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 not prohibited by Section 13.1 12.1 of this Agreement.

Payments on Indebtedness. Borrower shall not make any principal payment on any indebtedness except: (a) indebtedness owing hereunderexcept the Bank Debt and, 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 8.62 of this Agreement, except that payment on the Equity Loan may only be made to the extent permissible under the terms of the subordination agreement between Farmland and CoBank with respect to such Equity Loan.