Prepayment and Cancellation of Indebtedness. (a) None of the Borrowers shall, nor shall they permit any of their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except in the ordinary course of business consistent with past practice.
Appears in 2 contracts
Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)
Prepayment and Cancellation of Indebtedness. (a) None of the Borrowers Holdings or any Borrower shall, nor shall they permit any of their respective Subsidiaries to, cancel any claim or Indebtedness owed to any of them except in the ordinary course of business consistent with past practicebusiness.
Appears in 2 contracts
Samples: Credit Agreement (S&c Resale Co), Credit Agreement (S&c Holdco 3 Inc)
