Prepayment of Certain Indebtedness. Purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for the purchase, redemption, retirement or other acquisition of, or make any voluntary payment or prepayment of the principal of or interest on, or any other amount owing in respect of, or enter into any derivative transaction or similar transaction obligating Holdings or any of its Subsidiaries to make payments to any other Person as a result of a change in market value of, Indebtedness outstanding under any Indenture of Parent, Holdings, or (solely in the case of Indebtedness that is unsecured, that is subordinated in right of payment to the Obligations, or that is secured on a junior basis to the Obligations) any other Subsidiary of Parent (it being understood that the following shall be permitted, subject to compliance with any intercreditor or subordination agreement then in effect with the Lenders or any agent acting on behalf thereof): (a) payments of required payments of indemnities, expenses, fees and regularly scheduled principal and interest of Indebtedness of Parent and its Subsidiaries and payment at maturity shall be permitted, (b) payments of the principal amount of Indebtedness (or accreted value, if applicable) of Parent or Holdings shall be permitted, with the Net Cash Proceeds of Indebtedness of Parent or Holdings, as the case may be (to the extent such Indebtedness constitutes a refinancing, refunding, replacement or renewal thereof plus all interest capitalized in connection therewith, any Refinancing Expenses and any costs and premiums associated with such refinancing, refunding, replacement or renewal) and is permitted pursuant to Section 9.3, to the extent not required to prepay any Loans or Facility pursuant to Section 5.5(a), (c) payments with respect to intercompany Indebtedness permitted under this Agreement and owed to a Loan Party, (d) payments with respect to intercompany Indebtedness permitted under this Agreement and owed to Parent subject to the terms of the Intercompany Subordinated Note (it being agreed that in determining compliance with Section 9.6, any such payments shall be deemed to constitute Restricted Payments), (e) payments with respect to intercompany Indebtedness permitted under this Agreement and owed to any Non- Guarantor Subsidiary subject to the terms of the Intercompany Subordinated Note, (f) payments of the principal amount of Indebtedness (or accreted value, if applicable) o...
Prepayment of Certain Indebtedness. The Borrower will not, nor will it permit any of its Subsidiaries to, purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for the purchase, redemption, retirement or other acquisition of, or make any voluntary payment or prepayment of the principal of or interest on, or any other amount owing in respect of, the 1995 Senior Notes, the 1997 Senior Notes, the New Senior Notes or any Subordinated Indebtedness, except for regularly scheduled payments, prepayments or redemptions of principal and interest in respect thereof required pursuant to the 1995 Senior Notes Indentures, the 1997 Senior Notes Indenture, any indenture or agreement under which the New Senior Notes shall be issued or pursuant to the instruments evidencing the New Senior Notes such Subordinated Indebtedness, as the case may be. Notwithstanding the foregoing, nothing herein shall be deemed to prohibit the Borrower from redeeming or retiring up to an aggregate principal amount of $30,000,000 of the 1995 Senior Notes with the proceeds of the issuance of equity capital by the Borrower after the date of the Existing Credit Agreement, or from redeeming or returning up to an aggregate principal mount of $41,666,000 of the 1997 Senior Notes with the proceeds of the issuance of equity capital by the Borrower after the date hereof or from effecting any exchange of New Senior Notes for 1995 Senior Notes or 1997 Senior Notes (or refinancing 1995 Senior Notes or 1997 Senior Notes with the proceeds of New Senior Notes) in accordance with the provisions of Section 9.07(e).
Prepayment of Certain Indebtedness. No Loan Party shall, nor shall it permit any of its Subsidiaries to, prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in violation of the subordination terms of, any Indebtedness except:
Prepayment of Certain Indebtedness. At the Closing, the Seller shall apply the Cash Purchase Price to pay all Indebtedness of Seller and all accounts payable of Seller and shall secure complete releases of any Lien any holder of Indebtedness may have in any of the Acquired Assets.
Prepayment of Certain Indebtedness. Pay the principal of any Indebtedness that is subordinated to the Obligations or any other Indebtedness incurred pursuant to Section 7.03(f) (or any Permitted Refinancing of any such Indebtedness), unless (a) no Default or Event of Default has occurred and is continuing and (b) the Borrower would be in compliance on a Pro Forma Basis with the covenant set forth in Section 7.11 as of the last day of the most recent Test Period for which a Compliance Certificate has been delivered.
Prepayment of Certain Indebtedness. Simultaneously with the initial borrowing by Blockbuster Inc. under the $2 billion Credit Facility to be entered into by Blockbuster Inc., the Borrower shall prepay the Term Loans and/or prepay and reduce the commitment of the Revolving Loans hereunder and/or cause the Subsidiary Borrower to prepay the loans under the Subsidiary Facility, as amended, in an aggregate amount equal to $1.139 billion." For purposes of clarification only, the parties hereto and the Banks agree that the provisions under Section 2.3(b) and 3.4 of the Credit Agreement pertaining to allocation of optional reductions and prepayments are not applicable to the reductions and prepayments contemplated by the above Section 8.10 and such reductions and prepayments can be made in any matter requested by the Borrower.
Prepayment of Certain Indebtedness. Purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for the purchase, redemption, retirement or other acquisition of, or make any voluntary payment or prepayment of the principal of or interest on, or any other amount owing in respect of, or enter into any derivative transaction or similar transaction obligating Holdings or any of its Subsidiaries to make payments to any other Person as a result of a change in market value of, Indebtedness outstanding under any Indenture.
Prepayment of Certain Indebtedness. 94 10.10 Transactions with Affiliates.............................................94 10.11
Prepayment of Certain Indebtedness. Purchase, redeem, retire or otherwise acquire for value, or set apart any money for a sinking, defeasance or other analogous fund for the purchase, redemption, retirement or other acquisition of, or make any voluntary payment or prepayment of the principal of or interest on, or any other amount owing in respect of, or enter into any derivative transaction or similar transaction obligating Holdings or any of its Subsidiaries to make payments to any other Person as a result of a change in market value of, Indebtedness outstanding under any Indenture, except for regularly scheduled payments, prepayments or redemptions of principal and interest in respect thereof required pursuant to the Indentures. Notwithstanding the foregoing, (a) nothing herein shall be deemed to prohibit Holdings from redeeming or retiring the Zero Coupon Bonds and (b) Holdings may purchase, redeem, retire or otherwise acquire for value Indebtedness of Holdings for cash consideration not exceeding $25,000,000 in any fiscal year and not exceeding $50,000,000 while this Agreement is outstanding; PROVIDED, that such cash consideration shall be derived from the Unused Equity Proceeds Amount.
Prepayment of Certain Indebtedness. Simultaneously with the initial borrowing by Blockbuster Inc. under the $2 billion Credit Facility to be entered into by Blockbuster Inc., Viacom Inc. shall prepay the term loans and/or prepay and reduce the commitment of the revolving loans under the Parent Facility, as amended, and/or cause the Subsidiary Borrower to prepay the Subsidiary Loans hereunder in an aggregate amount equal to $1.139 billion."
