Common use of Permitted Payments: Bondco Liabilities Clause in Contracts

Permitted Payments: Bondco Liabilities. The Parent, any other Debtor or any other member of the Group may make Payments in respect of the principal amount of any Bondco Loan and Bondco may accept any such Payments if: (a) at the time such Payment would be made, that Payment is expressly permitted or not prohibited (as applicable) by each of the Credit Facility Agreement, the Pari Passu Facility Agreements (if any) and the Pari Passu Note Indenture (if any); or (b) the Majority Super Senior Creditors and the Required Pari Passu Creditors each consent to that Payment being made.

Permitted Payments: Bondco Liabilities. The Parent, any other Debtor or any other member of the Group may make Payments in respect of the principal amount of any Bondco Loan and Bondco may accept any such Payments if: (a) at the time such Payment would be made, that Payment is expressly permitted or not prohibited (as applicable) by each of the Credit Facility Agreement, the each Pari Passu Facility Agreements Agreement (if any) and the each Pari Passu Note Indenture (if any); or (b) the Majority Super Senior Creditors and the Required Pari Passu Creditors each consent to that Payment being made.