Prepayment of Debt. Each Loan Party shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any Debt, except the Obligations under the Loan Documents and in connection with any Permitted Refinancing of Debt to the extent such Permitted Refinancing is permitted pursuant to Section 7.1.
Appears in 2 contracts
Samples: Credit Agreement (Natural Gas Services Group Inc), Credit Agreement (Natural Gas Services Group Inc)
Prepayment of Debt. Each Loan Party shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any Debt, except the Obligations under the Loan Documents and in connection with any Permitted Refinancing of Debt to the extent such Permitted Refinancing is permitted pursuant to Section 7.1Documents.
Appears in 2 contracts
Samples: Credit Agreement (FlexEnergy Green Solutions, Inc.), Credit Agreement (FlexEnergy Green Solutions, Inc.)
Prepayment of Debt. Each Loan Party shall not, and shall not permit any of its Subsidiaries that are Guarantors to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any DebtDebt of such Person that is expressly subordinate and junior in right of payment to the payment in full of the Obligations, except as permitted by the Obligations under terms of the Loan Documents and in connection with any Permitted Refinancing of Debt subordination agreement reasonably satisfactory to the extent such Permitted Refinancing is permitted pursuant to Section 7.1Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Maxwell W Keith III), Credit Agreement (Via Renewables, Inc.)
Prepayment of Debt. Each No Loan Party shall, nor shall not, and shall not it permit any of its Subsidiaries to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any DebtDebt for borrowed money, except the Obligations under the Loan Documents and in connection with any Permitted Refinancing of Debt to or if the extent such Permitted Refinancing is permitted pursuant to Section 7.1Payment Conditions are satisfied.
Appears in 1 contract
Samples: Credit Agreement (Pfsweb Inc)
Prepayment of Debt. Each No Loan Party shall, nor shall not, and shall not it permit any of its Subsidiaries to, directly or indirectly, make any optional or voluntary payment, prepayment, repurchase or redemption of any DebtDebt for borrowed money, except the Obligations under the Loan Documents and in connection with any Permitted Refinancing of Debt to the extent such Permitted Refinancing is permitted pursuant to Section 7.1Documents.
Appears in 1 contract
