Prepayment of Debt. The Borrowers will not prepay, and will not permit any Subsidiary to prepay, any Debt, except the Obligations in compliance with the provisions of Article III hereof.
Appears in 2 contracts
Samples: Credit Agreement (Transcoastal Marine Services Inc), Credit Agreement (Transcoastal Marine Services Inc)
Prepayment of Debt. The Borrowers Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except the Obligations in compliance with the provisions of Article III hereofIndebtedness.
Appears in 2 contracts
Samples: Loan Agreement (United Development Funding IV), Loan Agreement (United Development Funding IV)
Prepayment of Debt. The Borrowers Borrower will not prepay, and will not prepay or permit ------------------ any Subsidiary to prepay, any Debt, except the Obligations in compliance with the provisions of Article III hereofObligations.
Appears in 2 contracts
Samples: Credit Agreement (Cellstar Corp), Credit Agreement (Cellstar Corp)
Prepayment of Debt. The Borrowers Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except the Obligations in compliance with and Debt reflected on the provisions Borrower’s balance sheet as of Article III hereofAugust 31, 2004.
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Prepayment of Debt. The Borrowers Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except (i) the Obligations in compliance with or (ii) the provisions Subordinate Debt provided such Subordinate Debt is reduced solely from proceeds of Article III hereofthe Corporate Guarantor's public offering.
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Prepayment of Debt. The Borrowers Other than prepayment of Debt with the proceeds of a refinancing of such Debt, the Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except the Obligations in compliance with the provisions of Article III hereofObligations.
Appears in 1 contract
Samples: Loan Agreement (Spacehab Inc \Wa\)
Prepayment of Debt. The Borrowers Such Borrower will not prepay, and will not permit any Subsidiary of its Subsidiaries to prepay, any Debt, except the Obligations in compliance with the provisions of Article III hereofObligations.
Appears in 1 contract
Samples: Loan Agreement (Marcum Natural Gas Services Inc/New)
Prepayment of Debt. The Borrowers Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except (a) the Obligations in compliance and (b) as permitted on written agreements with the provisions of Article III hereofAdministrative Agent relating to Subordinated Debt.
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Prepayment of Debt. The Borrowers Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except (i) the Obligations in compliance with and Debt reflected on the provisions Borrower’s balance sheet as of Article III hereofSeptember 1, 2006.
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Prepayment of Debt. The Borrowers Borrower will not prepay, and will not permit any Subsidiary to prepay, any Debt, except the Obligations in compliance with the provisions of Article III hereofand Existing Debt.
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Prepayment of Debt. The Borrowers Borrower will not prepaynot, and will not permit any Subsidiary to prepay, prepay or optionally redeem any Debt, except Debt other than the Obligations in compliance with the provisions of Article III hereofObligations.
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