Common use of Prepayment of Other Indebtedness, Etc Clause in Contracts

Prepayment of Other Indebtedness, Etc. Permit any Consolidated Party to, if any Default or Event of Default has occurred and is continuing or would be directly or indirectly caused as a result thereof, (a) amend or modify any of the terms of any Indebtedness of such Consolidated Party (other than Indebtedness under the Loan Documents) if such amendment or modification would add or change any terms in a manner adverse to such Consolidated Party, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto, or (b) make (or give any notice with respect thereto) any voluntary, optional or other non-scheduled payment, prepayment, redemption, acquisition for value (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, refinance or exchange of any Indebtedness of such Consolidated Party (other than Indebtedness under the Loan Documents) (in each case, whether or not mandatory).

Appears in 11 contracts

Samples: Credit Agreement (Ryman Hospitality Properties, Inc.), Credit Agreement (Ryman Hospitality Properties, Inc.), Credit Agreement (Ryman Hospitality Properties, Inc.)

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Prepayment of Other Indebtedness, Etc. Permit any Consolidated Loan Party to, to if any Default or Event of Default has occurred and is continuing or would be directly or indirectly caused as a result thereof, (a) amend or modify any of the terms of any Indebtedness of such Consolidated Loan Party (other than Indebtedness under the Loan Documents) if such amendment or modification would would, taken as a whole, add or change any terms in a manner materially adverse to such Consolidated Loan Party, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto, or (b) make (or give any notice with respect thereto) any voluntary, optional or other non-scheduled payment, prepayment, redemption, defeasance, acquisition for value (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, refinance or exchange of any Indebtedness of such Consolidated Loan Party (other than Indebtedness under the Loan Documents) (in each case, whether or not mandatory).

Appears in 1 contract

Samples: Bridge Credit Agreement (U S Restaurant Properties Inc)

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Prepayment of Other Indebtedness, Etc. Permit any Consolidated Party to, if any Default or (a) If an Event of Default has occurred and is continuing or would be directly or indirectly caused as a result thereofexists, (a) amend or modify any of the terms of any Indebtedness of such Consolidated any Loan Party or any Subsidiary that is in excess of the Threshold Amount (other than Indebtedness arising under the Loan Documents) if such amendment or modification would add or change any material terms (taken as a whole) in a manner materially adverse to such Consolidated Partyany Loan Party or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto, or . (b) If an Event of Default exists, make (or give any notice with respect thereto) any voluntary, voluntary or optional payment or other non-scheduled payment, prepayment, redemption, prepayment or redemption or acquisition for value of (including without limitation, by way of depositing money or securities with the trustee with respect thereto before due for the purpose of paying when due), refund, refinance or exchange of any Indebtedness in excess of such Consolidated the Threshold Amount of any Loan Party or any Subsidiary (other than Indebtedness arising under the Loan Documents) (in each case, whether or not mandatory).

Appears in 1 contract

Samples: Credit Agreement (Newport Corp)

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