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. RETIRE OR REPURCHASE CAPITAL STOCK. Borrower shall not retire or otherwise acquire any of its capital stock. DEFAULT ON
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.
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. (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 the Notes, the Yen Notes and 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, 1995 or (iii) preferred stock of the Company sold after September 30, 1995 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.
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. Retire any long-term debt entered into prior to the date of this Agreement (other than debt arising from the Senior Credit Facility) 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. Section 6.17(a) of the Revolving Credit Agreement is amended to read as follows:
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. Without prior written consent of the Bank, expend more than $6,000,000 in the aggregate during the term of this Agreement to retire or otherwise acquire any of its capital stock.
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. Retire or Repurchase Capital Stock. Borrower shall not retire or otherwise acquire any of its capital stock. Default on Other Contracts or Obligations. Borrower shall not default on any material contract with or obligations when due to a third party or default in the performance of any obligation to a third party incurred for money borrowed. Judgment Entered. Borrower shall not permit the entry of any monetary judgment or the assessment against, the filing of any tax lien against, or the issuance of any writ of garnishment or attachment against any property of or debts due Borrower.
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, except Obligations due to Bank, without prior consent of Bank. Retire or Repurchase Capital Stock. Retire or otherwise acquire any of its capital stock, excluding 165,644 shares of preferred stock of Guarantor. Change in Fiscal Year. Neither Borrower nor Guarantor shall change its fiscal year without the consent of Bank. Guarantees. Guarantee or otherwise become responsible for obligations of any other person or entity without prior written consent of the Bank, except (i) the guarantee of the Guarantor contemplated by this Agreement and (ii) as to those guarantees assumed in an acquisition agreement and/or management agreement up to $500,000 in the aggregate (for the Borrower and Guarantor) per fiscal year. Encumbrances. Create, assume, or permit to exist any mortgage, security deed, deed of trust, pledge, lien, charge or other encumbrance on any of its assets, whether now owned or hereafter acquired, other than (i) security interests required by the Loan Documents; (ii) liens for taxes, assessments or other governmental charges or levies not at the time delinquent or thereafter payable without penalty or being contested in good faith by appropriate proceedings and for which adequate reserves in accordance with GAAP shall have been set aside on its books; (iii) liens of carriers, warehousemen, mechanics, materialmen and landlords incurred in the ordinary course of business for sums not overdue or being contested in good faith by appropriate proceedings and for which adequate reserves shall have been set aside on its books; (iv) liens (other than liens arising under ERISA or Section 412(n) of the Code) incurred in the ordinary course of business in connection with workers' compensation, unemployment insurance or other forms of governmental insurance or benefits, or to secure performance of tenders, statutory obligations, leases and contracts (other than for borrowed money) entered into in the ordinary course of business or to secure obligations on surety or appeal bonds; (v) judgment liens in existence less than 30 days after the entry thereof or with respect to which execution has been stayed; (vi) ground leases in respect of real property on which facilities owned or leased by the Borrower, the Guarantor or any of their respective Subsidiaries are located; (vii) easements, rights-of-way, restrictions, minor defects or irregular...
