Payments Subject to Subordination. Notwithstanding the foregoing provisions of this Section 3, no cash payment or prepayment of interest or principal or any other amounts payable under this Section 3 shall be made at any time when the payment thereof is prohibited by the provisions of Section 7 hereof.
Appears in 3 contracts
Samples: Katy Industries Inc, Katy Industries Inc, Katy Industries Inc
Payments Subject to Subordination. Notwithstanding the foregoing provisions of this Section 3, no cash payment or prepayment of interest or principal or any other amounts payable under this Section 3 shall be made at any time when the payment thereof is prohibited by the provisions of Section 7 (including Schedule B) hereof.
Appears in 2 contracts
Samples: Lease Agreement (Cellu Tissue Holdings, Inc.), Cellu Tissue Holdings, Inc.