Prepayment of Subordinated Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain payments in respect of Subordinated Debt to the extent permitted by the applicable Subordination Agreement. 7.11
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Samples: Security Agreement (Rent the Runway, Inc.), Security Agreement (Rent the Runway, Inc.), Security Agreement (Rent the Runway, Inc.)
Prepayment of Subordinated Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain payments in respect of Subordinated Debt to the extent permitted by the applicable Subordination Agreement. 7.11.
Appears in 1 contract
Prepayment of Subordinated Debt. Make any prepayment (whether optional or mandatory), repurchase, redemption, defeasance or any other payment in respect of any Subordinated Debt, provided, however, that the applicable Credit Party may make certain payments in respect of any Subordinated Debt but only to the extent permitted by under the applicable Subordinated Debt Documents and the applicable Subordination Agreement. 7.11.
Appears in 1 contract
Samples: Credit Agreement (National Technical Systems Inc /Ca/)
