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

Prepayment of Other Indebtedness, Etc. (a) Amend or modify any of the terms of any Indebtedness of Borrower or any Subsidiary (other than Indebtedness arising under the Loan Documents or Indebtedness to another Loan Party) other than amendments or modifications, which, together with any prior amendments or modifications, would not have a Material Adverse Effect. (b) On and after the occurrence of an Event of Default which is continuing, or if such payment, prepayment or acquisition would result in an Event of Default thereafter, make (or give any notice with respect thereto) any voluntary or optional payment or 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 of Borrower or any Subsidiary (other than Indebtedness arising under the Loan Documents).

Appears in 3 contracts

Samples: Credit Agreement (Perini Corp), Credit Agreement (Perini Corp), Credit Agreement (Perini Corp)

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Prepayment of Other Indebtedness, Etc. (a) Amend or modify any of the terms of (a) the Indenture or any of the Senior Notes other than amendments or modifications that are not adverse to the Lenders, as reasonably determined by the Administrative Agent and which, together with any prior amendments or modifications, would not have a Material Adverse Effect, or (b) any other Indebtedness of Borrower or any Subsidiary (other than Indebtedness arising under the Loan Documents or Indebtedness to another Loan Party) other than amendments or modifications, which, together with any prior amendments or modifications, would not have a Material Adverse Effect. (b) On and after the occurrence of an Event of Default which is continuing, or if such payment, prepayment or acquisition would result in an Event of Default thereafter, make (or give any notice with respect thereto) any voluntary or optional payment or 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 of Borrower or any Subsidiary (other than Indebtedness arising under the Loan Documents)) to the extent any of the foregoing are voluntary or optional.

Appears in 2 contracts

Samples: Credit Agreement (TUTOR PERINI Corp), Credit Agreement (TUTOR PERINI Corp)

Prepayment of Other Indebtedness, Etc. If any 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 Borrower the Company or any Subsidiary (other than Indebtedness arising under the Loan Documents Documents) if such amendment or Indebtedness modification would add or change any terms in a manner adverse to another Loan Party) other the Company or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than amendments originally scheduled or modifications, which, together with any prior amendments or modifications, would not have a Material Adverse Effectincrease the interest rate applicable thereto. (b) On and after the occurrence of an Event of Default which is continuing, or if such payment, prepayment or acquisition would result in an Event of Default thereafter, make Make (or give any notice with respect thereto) any voluntary or optional payment or 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 of Borrower the Company or any Subsidiary (other than Indebtedness arising under the Loan Documents).

Appears in 2 contracts

Samples: Credit Agreement (Brady Corp), Credit Agreement (Brady Corp)

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Prepayment of Other Indebtedness, Etc. The Company will not, and will not permit any Subsidiary to, (a) Amend amend or modify any of the terms of any Indebtedness of Borrower the Company or any Subsidiary (other than Indebtedness arising owing to holders of the Notes and lenders under the Loan Documents Bank Credit Agreement) if such amendment or Indebtedness modification would add or change any terms in a manner adverse to another Loan Party) other the Company or any Subsidiary, or shorten the final maturity or average life to maturity or require any payment to be made sooner than amendments originally scheduled or modifications, which, together with any prior amendments increase the interest rate applicable thereto; or modifications, would not have a Material Adverse Effect. (b) On and after the occurrence of an Event of Default which is continuing, or if such payment, prepayment or acquisition would result in an Event of Default thereafter, make (or give any notice with respect thereto) any voluntary or optional payment or 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 of Borrower the Company or any Subsidiary (other than Indebtedness arising owing to the holders of the Notes and the lenders under the Loan Documents)any Principal Credit Facility.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Wd 40 Co)

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