Prepayment of Other Debt. Retire any long-term or funded debt entered into prior to the date of this Agreement at a date in advance of its legal obligation to do so.
Prepayment of Other Debt. Borrower shall not retire any long-term debt entered into prior to the date of this Agreement at a date in advance of its legal obligation to do so. DEFAULT ON
Prepayment of Other Debt. If an Unmatured Default or a Default has ------------------------ occurred, Borrower will not, nor will it permit any Subsidiary to, prepay any Indebtedness (including, without limitation, the GECC Convertible Preferred Stock) other than the Obligations.
Prepayment of Other Debt. Borrower shall not retire any long-term debt entered into prior to the date of this Agreement at a date in advance of its legal obligation to do so without the express written consent of Bank. Retire
Prepayment of Other Debt. (a) The Company will not, and will not permit any Subsidiary to, directly or indirectly, redeem, retire, purchase, acquire or otherwise make any payment in respect of any Debt (other than (v) the Notes, (w) Debt of Circon outstanding prior to the Circon Merger in an aggregate principal amount not exceeding $75,000,000, (x) Debt outstanding under the Existing Revolving Credit Agreement from time to time, (y) Debt outstanding under the Circon Credit Agreement from time to time and (z) Intercompany Debt) of the Company or any Subsidiary more than 21 days before the stated due date thereof, unless such payment is made with the net cash proceeds of (i) Debt specifically incurred for such purpose and containing terms and conditions substantially similar to or more favorable to the Company and the Lenders than the Debt with respect to which such payment is made, (ii) common stock of the Company sold after September 30, 1997 or (iii) preferred stock of the Company sold after September 30, 1997 which is not subject to redemption, repurchase or other acquisition by the Company or any Subsidiary (except redemption or repurchase at the option of the Company) under any circumstances prior to February 5, 2001.
(b) The Company will not, and will not permit any Subsidiary to, pay any amount under the North Haven Financing Documents more than 21 days before such payment is due; provided that the rent payable under the North Haven Lease on January 14, 2001 shall not be prepaid.
(c) The Company will not, and will not permit any Subsidiary to, consent to or enter into any amendment, supplement, waiver or other modification of any agreement or instrument evidencing or governing any such Debt if the result of such modification would be, directly or indirectly, to permit a payment 48 54 that would have been prohibited pursuant to this Section prior to such modification.
Prepayment of Other Debt. Retire any long-term debt entered into prior to the date of this Agreement at a date in advance of its legal obligation to do so. Retire or Repurchase Capital Stock. Retire or otherwise acquire any of its capital stock.
Prepayment of Other Debt. Retire any long-term debt entered into prior to the date of this Agreement in advance of its legal obligation to do so other than in connection with refinancing; provided, however, so long as no principal or interest is then outstanding under the Loan and no Default exists, Borrower may retire any long-term debt entered into prior to the date of this Agreement in advance of its legal obligation to do so. Retire or Repurchase
Prepayment of Other Debt. (a) Directly or indirectly, prepay, redeem, purchase, defease, satisfy, or acquire prior to the stated maturity thereof, in any manner, any Debt (other than the Obligations in accordance with the terms of this Agreement and the Public Debt Redemptions permitted by Section 9.9(b)), whether subordinated or not, or make any offer or tender to do any of the foregoing, except Senior Note Redemptions, so long as (i) no Default or Event of Default then exists or arises after giving effect to such Senior Note Redemption, and (ii) concurrently with the payment made in connection with any Senior Note Redemption to any holder of the Senior Notes, Borrower shall prepay the Principal Debt (including Cash Collateralization of any LC Exposure) to the extent required pursuant to Section 2.6(c). Any Senior Note that has been purchased, repurchased, redeemed, prepaid, or acquired by Borrower in full shall be surrendered to Borrower and cancelled and shall not be reissued, and no instrument evidencing Note Obligations shall be issued in lieu of any prepaid principal amount of the Senior Note.
(b) Directly or indirectly, or permit any Affiliate to directly or indirectly, prepay, redeem, purchase, repurchase, tender, or acquire any series of Outstanding Public Debt prior to the stated maturity of such series (each such transaction being herein referred to as a “Public Debt Redemption”) except, so long as no Default or Event of Default shall exist, Borrower may make Public Debt Redemptions of Outstanding Public Debt of those series that are due and payable in the years 2011 and 2012 prior to such series stated maturity at any price (not exceeding the par value thereof), provided that (i) the aggregate purchase price paid in connection with all such Public Debt Redemptions does not exceed $200,000,000 during the term of this Agreement, and (ii) after giving effect to any such Public Debt Redemption, Borrower has cash and cash equivalents in an aggregate amount equal to the greater of (A) 100% of the amount necessary to repay, pay, or fund the sum of (1) all outstanding Secured Debt and Outstanding Public Debt scheduled to mature plus (2) all other funding commitments of Borrower with respect to its investments in Portfolio Companies to the extent projected by Borrower to become due and payable (and not subsequently repaid), in each case in the six (6) months following any such Public Debt Redemption and (B) 50% of the amount necessary to repay, pay, or fund the sum of (1) all ou...
Prepayment of Other Debt. Retire any long-term debt entered into prior to the date of this Agreement at a date in advance of its legal obligation to do so; provided that Borrower may repay such long-term debt if such repayment shall not cause any condition or event which constitutes a Default (as defined in the Loan Documents executed by the Borrower) or any event which, upon the giving of notice or lapse of time or both, may become a Default. Retire or Repurchase Capital Stock. Retire or otherwise acquire any of its capital stock; provided that Borrower may retire or repurchase capital stock if such retirement or repurchase shall not cause any condition or event which constitutes a Default (as defined in the Loan Documents executed by the Borrower) or any event which, upon the giving of notice or lapse of time or both, may become a Default.
Prepayment of Other Debt. Retire any long term debt at a date in advance of its legal obligation to do so without notification to Lender;
