Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiaries.
Appears in 6 contracts
Samples: Credit Agreement (Knology Inc), Credit Agreement (Knology Inc), Credit Agreement (Knology Inc)
Prepayment and Cancellation of Indebtedness. (a) The Neither Group nor the Borrower shall notshall, nor shall it they permit any Subsidiary of the Borrower their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (iipractice; provided that this Section 8.6(a) in respect of shall not apply to intercompany Indebtedness among disclosed on Schedule 8.1 (Existing Indebtedness) (other than intercompany Indebtedness owing by WF Overseas Fashion C.V. to the Borrower and the Guarantors that are Domestic SubsidiariesBorrower).
Appears in 4 contracts
Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/)
Prepayment and Cancellation of Indebtedness. (a) The Neither Group nor the Borrower shall notshall, nor shall it they permit any Subsidiary of the Borrower their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (iipractice; provided that this Section 8.6(a) in respect of shall not apply to intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariesdisclosed on Schedule 8.1 (Existing Indebtedness).
Appears in 4 contracts
Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/)
Prepayment and Cancellation of Indebtedness. (a) The Neither Holdings nor the Borrower shall notshall, nor shall it they permit any Subsidiary of the Borrower their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 2 contracts
Samples: Credit Agreement (Hli Operating Co Inc), Credit Agreement (Hayes Lemmerz International Inc)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiaries.
Appears in 2 contracts
Samples: Credit Agreement (Knology Inc), Credit Agreement (Knology Inc)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor shall it permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the or in its reasonable business credit judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic SubsidiariesSubsidiary Guarantors.
Appears in 2 contracts
Samples: Credit Agreement (Us Concrete Inc), Credit Agreement (Us Concrete Inc)
Prepayment and Cancellation of Indebtedness. (a) The Neither Group nor the Borrower shall notshall, nor shall it they permit any Subsidiary of the Borrower their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 2 contracts
Samples: Credit Agreement (Warnaco Group Inc /De/), Secured Revolving Credit Agreement (Warnaco Group Inc /De/)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor and shall it not permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 2 contracts
Samples: Letter of Credit Agreement (FMC Corp), Credit Agreement (FMC Corp)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall will not, nor shall it and will not permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them it except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 1 contract
Prepayment and Cancellation of Indebtedness. (a) The Neither Holdings nor the Borrower shall notshall, nor shall it they permit any Subsidiary of the Borrower their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among indebtedness of the Borrower and the Guarantors that are Domestic SubsidiariesLoan Parties.
Appears in 1 contract
Samples: Credit Agreement (Massey Energy Co)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor and shall it not permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed owing to any of them it except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 1 contract
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor shall it permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic SubsidiariesGuarantors.
Appears in 1 contract
Samples: Credit Agreement (Datapath Inc)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor and shall it not permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and practice, (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariesor (iii) pursuant to the Plan.
Appears in 1 contract
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall notNeither Holdings nor the Borrowers shall, nor shall it they permit any Subsidiary of the Borrower their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 1 contract
Prepayment and Cancellation of Indebtedness. (a) The Such Borrower shall not, nor shall it permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic Subsidiariespractice.
Appears in 1 contract
Samples: Credit Agreement (Exide Corp)
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor and shall it not permit any Subsidiary of the Borrower its Subsidiaries to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic SubsidiariesGuarantors.
Appears in 1 contract
Prepayment and Cancellation of Indebtedness. (a) The Borrower shall not, nor not and shall it not permit any Subsidiary of the Borrower to, cancel any claim or Indebtedness owed to any of them except (i) in the ordinary course of business consistent with past practice and/or the reasonable business judgment of the Borrower and (ii) in respect of intercompany Indebtedness among the Borrower and the Guarantors that are Domestic SubsidiariesGuarantors.
Appears in 1 contract
