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
Appears in 2 contracts
Samples: Loan Agreement (Marcum Natural Gas Services Inc/New), Loan Agreement (Florafax International Inc)
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
Appears in 2 contracts
Samples: Loan Agreement (Optical Cable Corp), Loan Agreement (Optical Cable Corp)
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 soso without the express written consent of Bank. RETIRE OR REPURCHASE CAPITAL STOCK. Borrower shall not retire or otherwise acquire any of its capital stock. DEFAULT ONRetire
Appears in 2 contracts
Samples: Loan Agreement (Greenwich Technology Partners Inc), Loan Agreement (Greenwich Technology Partners Inc)
Prepayment of Other Debt. The 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.
Appears in 1 contract
