Prepayments of Certain Indebtedness. No Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness that is purported to be subordinated to all or part of the Obligations.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Speed Commerce, Inc.), Credit and Guaranty Agreement (Speed Commerce, Inc.)
Prepayments of Certain Indebtedness. No Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness that is purported prior to be subordinated to all its scheduled maturity, other than the Lender Obligations or part of the Obligationsintercompany Indebtedness permitted by this Agreement.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Granite Broadcasting Corp)
Prepayments of Certain Indebtedness. No Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness that is purported prior to be subordinated to all or part of its scheduled maturity, other than (i) the Obligations, and (ii) Indebtedness secured by a Permitted Lien if the asset securing such Indebtedness has been sold or otherwise disposed of in accordance with Section 6.9.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Del Frisco's Restaurant Group, LLC)
Prepayments of Certain Indebtedness. No Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness that is purported prior to be subordinated to all or part of its scheduled maturity, other than (i) the Obligations, and (ii) Indebtedness secured by a Permitted Liens if the asset securing such Indebtedness has been sold or otherwise disposed of in accordance with Section 6.8.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Proliance International, Inc.)
Prepayments of Certain Indebtedness. No Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness that is purported prior to be subordinated to all or part of its scheduled maturity, other than (i) the Obligations, (ii) repayments of amounts outstanding under the Countryside Debt and the GBGH Debt, and (iii) Indebtedness specified in Schedule 6.15.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (U S Energy Systems Inc)
Prepayments of Certain Indebtedness. No Credit Party shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness that is purported prior to be subordinated to all or part its scheduled maturity in excess of $250,000 in the Obligationsaggregate per year.
Appears in 1 contract
Samples: Credit Agreement (Energy & Exploration Partners, Inc.)
