Common use of Prepayment of Indebtedness Clause in Contracts

Prepayment of Indebtedness. Pay any principal or interest on any Indebtedness of Borrowers or any of their respective Subsidiaries prior to the date when due, or make any payment or deposit with any Person that has the effect of providing for the satisfaction of any Indebtedness of Borrowers or any of their respective Subsidiaries prior to the date when due, in each case if a Default or Event of Default then exists or would result therefrom.

Appears in 4 contracts

Samples: Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Reliance Steel & Aluminum Co)

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Prepayment of Indebtedness. Pay any principal or interest on any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries prior to the date when due, or make any payment or deposit with any Person that has the effect of providing for the satisfaction of any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries prior to the date when due, in each case if a Default or Event of Default then exists or would result therefrom.

Appears in 4 contracts

Samples: Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Hard Rock Hotel Inc)

Prepayment of Indebtedness. Pay any principal or interest on any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries (other than Indebtedness under the Notes) prior to the date when due, or make any payment or deposit with any Person that has the effect of providing for the satisfaction of any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries prior to the date when due, in each case if a Default or an Event of Default then exists or would result therefrom.

Appears in 1 contract

Samples: Revolving Loan Agreement (Del Webb Corp)

Prepayment of Indebtedness. Pay any principal or interest on any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries (other than Indebtedness under the Notes or the Swing Line Documents) prior to the date when due, or make any payment or deposit with any Person that has the effect of providing for the satisfaction of any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries prior to the date when due, in each case if a Default or an Event of Default then exists or would result therefrom.

Appears in 1 contract

Samples: Revolving Loan Agreement (Del Webb Corp)

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Prepayment of Indebtedness. Pay any principal or interest on any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries prior to the date when due, or make any payment or deposit with any Person that has the effect of providing for the satisfaction of any Indebtedness of Borrowers Borrower or any of their respective its Subsidiaries prior to the date when due, except (a) prepayments of the Obligations in each case if a Default or Event accordance with the terms of Default then exists or would result therefromthis Agreement and (b) in connection with any financing permitted pursuant to Section 6.9(g).

Appears in 1 contract

Samples: Revolving Loan Agreement (Central Financial Acceptance Corp)

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