Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 13 contracts
Samples: Revolving Credit Agreement (Rollins Inc), Revolving Credit Agreement (Rollins Inc), Subsidiary Guarantee Agreement (Amsurg Corp)
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 4 contracts
Samples: Credit Agreement (Patriot Transportation Holding, Inc.), Credit Agreement (FRP Holdings, Inc.), Credit Agreement (Patriot Transportation Holding, Inc.)
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Restricted Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 3 contracts
Samples: Credit Agreement (EVO Payments, Inc.), Credit Agreement (EVO Payments, Inc.), Credit Agreement (EVO Payments, Inc.)
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Subsidiaries Loan Parties to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that that, in the case of clause (i) or (ii), is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 3 contracts
Samples: Credit Agreement (Malibu Boats, Inc.), Credit Agreement (Malibu Boats, Inc.), Credit Agreement (Malibu Boats, Inc.)
Permitted Subordinated Indebtedness. (a) The Borrower Borrowers will not, and will not permit any of its their Restricted Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Fortegra Financial Corp), Revolving Credit Agreement (Fortegra Financial Corp)
Permitted Subordinated Indebtedness. (a) The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 2 contracts
Samples: Credit Agreement (Fortegra Financial Corp), Credit Agreement (Fortegra Financial Corp)
Permitted Subordinated Indebtedness. (a) The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Delek US Holdings, Inc.), Revolving Credit Agreement (Delek US Holdings, Inc.)
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Subsidiaries Loan Parties to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that that, in the case of clause (i) or (ii), is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Permitted Subordinated Indebtedness. (a) The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to to, (i) prepayiv)prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, Indebtedness or (iiv) make any principal, interest or other payments on any Permitted Subordinated Debt Indebtedness that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Permitted Subordinated Indebtedness. (a) The Borrower Borrowers will not, and will not permit any of its their Subsidiaries to to, (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, Indebtedness or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt Indebtedness that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Permitted Subordinated Indebtedness. (a) The Except as set forth in Section 7.1(h), the Borrower will not, and will not permit any of its consolidated Subsidiaries or any Loan Party to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Samples: Credit Agreement (United Surgical Partners International Inc)
Permitted Subordinated Indebtedness. (a) The Borrower Loan Parties will not, and will not permit any of its their Subsidiaries to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Subsidiaries to to, (i) prepay, redeem, repurchase or otherwise acquire for value make any cash payments of interest on any Permitted Subordinated Debt, Indebtedness or (ii) make any principalpayment or prepayment of, interest or other payments on redemption or acquisition for value of, any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt DocumentsIndebtedness."
Appears in 1 contract
Permitted Subordinated Indebtedness. (a) The Borrower will not, and will not permit any of its Consolidated Subsidiaries or any Loan Party, to (i) prepay, redeem, repurchase or otherwise acquire for value any Permitted Subordinated Debt, or (ii) make any principal, interest or other payments on any Permitted Subordinated Debt that is not expressly permitted by the subordination provisions of the Subordinated Debt Documents.
Appears in 1 contract
Samples: Credit Agreement (United Surgical Partners International Inc)
