Common use of Prepayment of Indebtedness Clause in Contracts

Prepayment of Indebtedness. No Credit Party shall, nor shall any Credit Party permit any of its Subsidiaries to, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness (other than to Lenders).

Appears in 3 contracts

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

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Prepayment of Indebtedness. No Credit Party shall, nor shall any Credit Party permit any of its Subsidiaries to, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders or, subject to the Subordination Agreement, the First Lien Indebtedness), or repurchase, redeem, retire or otherwise acquire any Indebtedness (other than to LendersLenders or, subject to the Subordination Agreement, the First Lien Indebtedness).

Appears in 2 contracts

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc), Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

Prepayment of Indebtedness. No Credit Party shall, nor shall any Credit Party permit any of its Subsidiaries to, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersPurchaser), or repurchase, redeem, retire or otherwise acquire any Indebtedness (other than to LendersPurchaser), except as expressly permitted by and in accordance with Section 9.06.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tel Instrument Electronics Corp), Securities Purchase Agreement (Tel Instrument Electronics Corp)

Prepayment of Indebtedness. No Credit Party shall, nor shall any Credit Party permit any of its Subsidiaries toexcept as permitted pursuant to Section 7.18 hereof, at any time, directly or indirectly, prepay any Indebtedness (other than to LendersLenders and trade payables in the ordinary course of business), or repurchase, redeem, retire or otherwise acquire any Indebtedness (other than to Lenders)of its Indebtedness.

Appears in 1 contract

Samples: Revolving Credit, Term Loan, Guaranty and Security Agreement (Us Home & Garden Inc)

Prepayment of Indebtedness. No Credit Loan Party shall, nor shall any Credit Loan Party permit any of its Subsidiaries to, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders)Indebtedness, or repurchase, redeem, retire or otherwise acquire any Indebtedness (Indebtedness, other than than, in each case, the Obligations to the Lenders).

Appears in 1 contract

Samples: Securities Purchase Agreement and Security Agreement (Fusion Telecommunications International Inc)

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Prepayment of Indebtedness. No Credit Loan Party shall, nor shall any Credit Loan Party permit any of its Subsidiaries to, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders)Indebtedness, or repurchase, redeem, retire or otherwise acquire any Indebtedness (Indebtedness, other than than, in each case, the Obligations to Lenders)the Lenders and the other Secured Parties.

Appears in 1 contract

Samples: Credit Agreement (Fusion Telecommunications International Inc)

Prepayment of Indebtedness. No Credit Party shall, nor shall any Credit Party permit any of its Subsidiaries to, at any time, directly or indirectly, prepay any Indebtedness (other than to Lenders), or repurchase, redeem, retire or otherwise acquire any Indebtedness (other than to Lenders).. 9.18

Appears in 1 contract

Samples: Securities Purchase Agreement

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